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Structural Deformation Of The Russian Economy In The Context Of Global Challenges

Author

Listed:
  • Viktor Barkhatov

    (Institute of Economy, Business and Administration, Chelyabinsk State University, Chelyabinsk)

  • Iuner Kapkaev

    (Institute of Economy, Business and Administration, Chelyabinsk State University, Chelyabinsk)

  • Daria Benz

    (Institute of Economy, Business and Administration, Chelyabinsk State University, Chelyabinsk)

  • Pavel Kadyrov

    (Institute of Economy, Business and Administration, Chelyabinsk State University, Chelyabinsk)

Abstract

The objective of the study is to determine the nature of heterogeneous structural deformations in the economy of Russia. The structural deformations result from the development strategy formed during the transitional period in the 1990s. Implementation of the strategy caused an increase in investment in the commodity sector along with its shortage in the high-tech sector; it resulted in a low knowledge-intensity level of the Russian production which became uncompetitive both on the domestic and global markets. The article covers all the aspects of the structural deformations in the Russian economy including the preconditions for these deformations to arise.

Suggested Citation

  • Viktor Barkhatov & Iuner Kapkaev & Daria Benz & Pavel Kadyrov, 2019. "Structural Deformation Of The Russian Economy In The Context Of Global Challenges," CBU International Conference Proceedings, ISE Research Institute, vol. 7(0), pages 8-14, September.
    • Handle: RePEc:aad:iseicj:v:7:y:2019:i:0:p:8-14
    DOI: 10.12955/cbup.v7.1335
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    Keywords

    The structure of the national economy; structural deformation; structural shift; global challenges.;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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