MANUFACTURING INDUSTRY AS THE LOCOMOTIVE OF RUSSIAN ECONOMIC DEVELOPMENT UNDER SANCTIONS

UDC 338.32
DOI: 10.36871/ek.up.p.r.2023.11.01.004

Authors

Ekaterina M. Lukina,
Saint-Petersburg State University of Aerospace Instrumentation, St. Petersburg, Russia

Abstract

The article examines the impact of the sanctions regime of Western countries against Russia, highlighting the most influential sanctions measures. The role of the manufacturing industry in ensuring economic growth in Russia is noted. An analysis of problematic economic indicators characterizing fixed assets in Russia, and in the manufacturing industry, was carried out. Attention is paid to the main trends in the development of the manufacturing industry. In conclusion, many measures are proposed to ensure the sustainable development of Russian industry in the medium and long term.

Keywords

sanctions, manufacturing industry, fixed assets, investments, economic growth, development prospects.