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Development of Domestic Industry as a Tool for Overcoming the Crisis

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  • A. D. Shmatko

Abstract

The author presents generalized results of the study and theoretical and methodological approaches in anti-crisis management in industrial companies during and after the pandemic. The assessment of the causes and factors of the economic crisis have been analyzed. The article depicts peculiar features of modern institutional transformations which involve decreasing number of business entities accompanied by a shortage of highly qualified labour force in the industry. The author examines alternative scenarios which can be applied during the postcrisis period. When considering these scenarios, he proves that it is essential to take into account fundamental causes of the crisis as well as the ones connected with the functioning mechanism and the motives of economic agents’ behavior.

Suggested Citation

  • A. D. Shmatko, 2021. "Development of Domestic Industry as a Tool for Overcoming the Crisis," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 9.
    • Handle: RePEc:acf:journl:y:2021:id:1784
    DOI: 10.22394/1726-1139-2021-9-18-30
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    1. Vladimir Lvovich Kvint, 0. "Strategic Economic Influence of a Global Negative Trend of Terrorism and Extremism," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 6.
    2. Frank Ebinger & Bramwel Omondi, 2020. "Leveraging Digital Approaches for Transparency in Sustainable Supply Chains: A Conceptual Paper," Sustainability, MDPI, vol. 12(15), pages 1-16, July.
    3. Dmitry Ivanov & Alexandre Dolgui, 2020. "Viability of intertwined supply networks: extending the supply chain resilience angles towards survivability. A position paper motivated by COVID-19 outbreak," International Journal of Production Research, Taylor & Francis Journals, vol. 58(10), pages 2904-2915, May.
    4. O. D. Zakharova & N. A. Kharitonova, 2020. "Fuel and energy complex as a driver of economic development of Russia: current condition and perspective," Russian Journal of Industrial Economics, MISIS, vol. 13(2).
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