Competitiveness of the industry: Russian parameters

TERRA ECONOMICUS, , Vol. 12 (no. 2.2),
p. 142-148

Article is devoted to the most significant prerequisites of formation of the competitive Russian industry – labor cost, to expenses on final consumption of house farms, problems of attraction of monetary resources and structure of gross domestic product. Gradual development of the developing economies promotes improvement of a standard of living and level of a salary that conducts to dynamic reduction of the given competitive advantage in developing countries. In article the conclusion that on average the level of fiscal loading in emerging economies is (with a few exceptions) lower, than in the countries with developed economy is drawn. Thus in some countries, including and in Russia, a number of measures for optimization of fiscal loading is undertaken in recent years. At the same time it is necessary to consider that fiscal loading represents one of the most important factors of ensuring competitive advantages. In some cases this factor can be more significant, than the cost of labor and availability of the debt market.

Keywords: the industry; competitiveness; salary; final consumption; rates on the credits; structure of gross domestic product

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606