0.0/5 rating (0 votes)

MECHANISMS OF IMPLEMENTING IMPORT SUBSTITUTION POLICY IN THE REGIONAL ECONOMY

Author (s)

Kholmatova D.A.

Abstract

The article examines the mechanisms for implementing the import substitution policy in the regional economy and identifies the main aspects affecting its effectiveness. The classification indicators of the import substitution strategy in the regions are described. A grouping of indicators of the effectiveness of the import substitution strategy was also carried out. Direct and indirect methods for implementing the import substitution strategy are explained. The analysis focuses on import substitution strategies focused on the domestic market, foreign markets, and mixed-use strategies. Internal and external factors influencing the import substitution strategy are described.

Keywords

import substitution policy, regional economy, import substitution strategy, direct methods, indirect methods, internal factors, external factors

References

1.    Alidjanov D. A. Import Substitution Economic Growth in the Current Conditions of the Republic of Tajikistan – Khujand: Nuri Ma'rifat, 2021. – 368 pp. PP. 276.

2.    Alidjanov D.A. Classification of Economic Development of Import Substitution in Modern Conditions. // Bulletin of the University. Series on Natural Sciences and Economics. SEI "Khujand State University named after academician B. Gafurov", No. 2 (57), Khujand, 2021. PP. 104-111.

3.    Bondarenko E.I. Model of Implementing the Import Substitution Strategy at Industrial Enterprises in Russia. // Socio-economic phenomena and processes. 2016. No. 4. Vol. 11. PP. 5-14.

4.    Bondarchuk N.V. Development of Methodological Approaches to Assess the Effectiveness of Innovation Projects Aimed at Import Substitution in High-tech Industries Within the Framework of the State Assignment for Project No. 3637 / Entrepreneurship and business in conditions of economic instability: materials of the III International Scientific Congress. Moscow: Scientific Consultant, 2015. PP. 109-111.

5.    Vikhrenko M.A. Problems of Import Substitution and Identification of Factors Influencing the Formation of an Import Substitution Strategy at a Manufacturing Enterprise. // Modern trends in economics and management: a new perspective. 2015. No. 35. PP. 98-102.

6.    Volkodavova E.V. Implementation of the Import Substitution Strategy for Products at Russian Industrial Enterprises. // Economic Sciences. 2009. No. 61. PP. 281-286.

7.    Ershov A. Yu. Formation of the Import Substitution Strategy. // Fundamental Research. 2015. No. 8. PP. 374-379.

8.    Nazarchuk E.N. Theoretical and Methodological Foundations of Effective Import Substitution at Russian Industrial Enterprises: author’s abstract of the dissertation … PhD in Economics. Samara, 2007. –22pp.

9.    Somov V.L., Markov V.A. Statistical Analysis of the Prospects of Import Substitution and Competitive Advantages of the Real Sector of the Economy in the Saratov region. // Issues of Statistics. 2016. No. 3. PP. 65-71.

Publication date

Wednesday, 12 March 2025