Business potential in Russia: Competitive growth in the manufacturing sector |
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Authors: | A K Kornev |
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Institution: | 1. Institute of Economic Forecasting, Russian Academy of Sciences, Moscow, Russia
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Abstract: | The paper analyzes the consequences of radical reforms in the Russian economy for the development of the manufacturing sector, including the behavior of relative prices for manufactured goods, downsizing of enterprises, and problems of the noncompetitiveness of enterprises in the manufacturing sector compared with the approaches to competitiveness in the economy of the United States. The full development of vertically integrated multisectoral corporations owned by the federal government is considered to be a possibility for overcoming the noncompetitiveness of enterprises in the manufacturing sector. |
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