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Import Substitution in Russia

In: Russia Business

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  • Christian Altmann

Abstract

Since 2000, the Russian government has tried hard to develop the local manufacturing sector and domestic service industry in order to replace foreign products with Russian goods (import substitution). The main goal of this strategy was to increase domestic production and to diversify the Russian economy, which was heavily dependent on oil and gas exports.

Suggested Citation

  • Christian Altmann, 2021. "Import Substitution in Russia," Springer Books, in: Olga Medinskaya & Henk R. Randau & Christian Altmann (ed.), Russia Business, chapter 13, pages 105-108, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-64613-4_13
    DOI: 10.1007/978-3-030-64613-4_13
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