Formation of a long-term development strategy in Russia, which is based on economic modernization, makes very urgent the problem of choosing formation principles and the structure of implementation mechanism and methods of industrial policy in the region. The worldwide experience in the development and implementation of industrial policies is diverse. Each economy develops at its scenario, focusing on its own principles, strategic goals, constraints, and competitive advantages. To work out an industrial policy is to define the principles, purposes, objectives, priorities, mechanism structure, tools and organizational and economic methods of implementation.
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