Industrial Policy in Russia in 2000-2013: Institutional Features and Key Lessons

Russian Economy in 2013. Trends and Outlooks, Issue 35, 2014

36 Pages Posted: 29 Jun 2014

See all articles by Yuri Simachev

Yuri Simachev

Russian Presidential Academy of National Economy and Public Administration

Mikhail Kuzyk

National Research University Higher School of Economics

Boris Kuznetsov

National Research University Higher School of Economics

Evgeny Pogrebnyak

Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Date Written: June 27, 2014

Abstract

Conceptual and practical issues of the development of industrial policy have attracted, and continue to attract, the attention of experts and politicians. In the 2000s, especially after the world financial crisis, and in the period of remaining uncertainty over further developments, a discussion of best practices, reasons for the failure and the capabilities and features of a new industrial policy became quite popular in both developed and developing countries.

The subject of the formation and implementation of a state industrial policy in Russia has become particularly relevant in recent years as it has become obvious that an innovative model of development is needed. Additional impetus was provided to this theme by the recent discussions at the highest political level of issues related to Russian economic diversification, the increase in high-tech industries and the creation of high flying jobs in both the traditional and new sectors.

In this regard most of the focus of this article is on assessment of the experience in industrial policy implementation in Russia, and a determination of the key lessons including an analysis of two examples of industrial policy – the nano-industry and the automotive industry

Keywords: industrial policy, Russian economy, economic development

JEL Classification: L52, O14, E65

Suggested Citation

Simachev, Yuri and Kuzyk, Mikhail and Kuznetsov, Boris and Pogrebnyak, Evgeny, Industrial Policy in Russia in 2000-2013: Institutional Features and Key Lessons (June 27, 2014). Russian Economy in 2013. Trends and Outlooks, Issue 35, 2014. Available at SSRN: https://ssrn.com/abstract=2459905

Yuri Simachev (Contact Author)

Russian Presidential Academy of National Economy and Public Administration ( email )

Varnadskogo Avenue,82
Moscow, 119571
Russia

Mikhail Kuzyk

National Research University Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia

Boris Kuznetsov

National Research University Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia

Evgeny Pogrebnyak

Russian Presidential Academy of National Economy and Public Administration (RANEPA) ( email )

Vernadskogo Prospect 82
Moscow, 119571
Russia

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