Sustainable Development Strategy for Russian Mineral Resources Extracting Economy

Стратегия устойчивого развития российской экономики, основанной на добыче минеральных ресурсов
Elena Dotsenko, Natalya Ezdina, Angelina Prilepskaya, Kirill Pivnyk
2017-01-01

Russian mineral resources economyenvironmental and economic securitymineral and raw material dependenceneo-industrializationsustainable development strategy
The immaturity of strategic and conceptual documents in the sphere of sustainable development of the Russian economy had a negative impact on long-term strategic forecasting of its neo-industrialization. At the present stage, the problems of overcoming the mineral and raw material dependence, the negative structural shift of the Russian economy, the acceleration of the rates of economic growth, the reduction of technological gap from the developed countries become strategically in demand. The modern structure of the Russian economy, developed within the framework of the proposed market model, does not generate a sustainable type of development. It became obvious that in conditions of the market processes' entropy, without neo-industrial changes, the reconstruction of industry on a new convergence-technological basis and without increasing the share of high technology production the instability of macroeconomic system, the risks of environmental and economic security of Russia are growing. Therefore, today we need a transition from forming one industry development strategy to the national one that will take into account both the social and economic and environmental challenges facing Russia as a mineral resources extracting country.
1
Russia needs a comprehensive national development strategy integrating social, economic, and environmental challenges rather than isolated sectoral strategies.
2
Russia’s current market-based economic structure does not generate sustainable development and increases macroeconomic instability and environmental-economic security risks.
3
Russia’s immature sustainable-development strategies have undermined long-term forecasting and planning for economic neo-industrialization.
4
Sustainable development requires neo-industrial transformation, industrial reconstruction on a convergence-technological basis, and a larger share of high-technology production.
5
The economy’s mineral and raw-material dependence, negative structural shift, technological gap, and insufficient growth require strategic correction.

Russian mineral resources extracting economy

Sustainable development strategy addressing mineral and raw material dependence, structural transformation, neo-industrialization, technological upgrading, and environmental and economic security

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2017-01-01
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Elena Dotsenko
Natalya Ezdina
Angelina Prilepskaya
Kirill Pivnyk
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