Title: Russian production sector in crosshairs. Will we be better off?

Authors: Elena V. Sibirskaya; Liudmila V. Oveshnikova; Innara R. Lyapina; Stanislav Y. Evdokimov; Svetlana N. Bukhantseva

Addresses: Situation Center for Socio-Economic Development of Regions of the Russian Federation, Plekhanov Russian University of Economics, Moscow, 115093, Russian Federation ' Situation Center for Socio-Economic Development of Regions of the Russian Federation, Plekhanov Russian University of Economics, Moscow, 115093, Russian Federation ' Department of Marketing and Entrepreneurship, Orel State University, Orel, 302026, Russia ' Department of Management and Sports Economics, Russian State University of Physical Education, Sport, Youth and Tourism (SCOLIPE), Moscow, 105122, Russian Federation ' Faculty of Finance and Banking, Department "Stock Markets and Financial Engineering", Russian Presidential Academy of National Economy and Public Administration, Moscow, 119571, Russian Federation

Abstract: The production sector remains a key area of the Russian economy and one of the most important tools for integrating the country into the international economy. The level of industrial development determines the quality of living of the population of many Russian regions. The authors of this research, which is based on extensive statistical data and uses statistical tools, analyse the current state trends of the Russian industry, which serves as a basis for elaborating rational industrial policy, improving the effectiveness of industrial complex, achieving equilibrium growth of our state.

Keywords: production sector; research tools; trends and status; prospects.

DOI: 10.1504/IJTGM.2021.10029482

International Journal of Trade and Global Markets, 2021 Vol.14 No.4/5, pp.468 - 493

Received: 27 Jan 2020
Accepted: 19 Mar 2020

Published online: 15 Jul 2021 *

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