Stability of Russian industry: factors and restrictions

TERRA ECONOMICUS, , Vol. 12 (no. 2.2),
p. 167-173

Article is devoted to the analysis of the major factors providing necessary stability of an industrial development at the present stage of the Russian reforms. The priority attention is paid to innovative activity of the organizations for industries, entrepreneurial confidence, high level of the taxation, a lack of financial resources and insufficient demand in the domestic market. The carried-out analysis showed that the significant role in delay of business activity in the industry is played now by the high level of the taxation and a lack of financial resources. In most cases called factors are the reason of manifestation and other factors, such as insufficient demand in the domestic market and wear and lack of the equipment. These factors are the powerful physical limiter of innovative activity. In total it affects stability of development of the Russian industrial sector of economy adversely

Keywords: industry; stability; innovative activity; output; structure of expenses; technological innovations

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