How Import Substitution is Related to Economic Competitiveness: Russia's Case

DOI

10.2991/iscfec-18.2019.300How to use a DOI?

Keywords

import substitution, competitiveness, industrial strategy, economic sanctions, world's economic relations, international division of labor

Abstract

This paper argues that the concepts of import substitution and competitiveness do not contradict each other. Import substitution can manifest itself as a result of domestic businesses successfully competing against their foreign counterparts. We herein suggest it is only logical to view the interrelation of import substitution policies and economic competitiveness in the context of an institutional approach. It is argued that import substitutions in Russia's agricultural sector are imperative as they are part of the country's food security strategy.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - L. V. Larchenko
AU  - Y. N. Gladkiy
AU  - I. Y. Gladkiy
PY  - 2019/01
DA  - 2019/01
TI  - How Import Substitution is Related to Economic Competitiveness: Russia's Case
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 1323
EP  - 1326
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.300
DO  - 10.2991/iscfec-18.2019.300
ID  - Larchenko2019/01
ER  -