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World experience in the implementation of import substitution policy as a factor of economic security


Evtyukhin A.S.
(about the author)

Evtyukhin Anton Sergeevich – (Southwestern State University)

Published in:
Shadow Economy
– Volume 2, Number 4 (October-December 2018)



Keywords: Dutch disease, economic security, import substitution, import substitution policy, industrial policy, multiplier effect, protectionism


Citation:
Evtyukhin A.S. (2018). World experience in the implementation of import substitution policy as a factor of economic security. Shadow Economy, 2(4), 151-159. doi: 10.18334/tek.2.4.40903


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Abstract:

The article analyzes the world experience of import substitution policy implementation. The experience of the countries of East, South-East Asia and Norway is considered as the most indicative in terms of the development of export-oriented industries. The article touches upon the issue of economic security in the direction of implementation of the task of strategic import substitution to reduce the production dependence of the Russian economy on imports. On the basis of the conclusions made in the article, the conditions for the development of a multiplier effect for the domestic industry are proposed.







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