Management of innovative processes in the new technological and world economic structures
Управление инновационными процессами в новых технологических и мировых экономических структурах
2022-01-01
SCID: 54.1/d4pq78un
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EAEU industrial developmentglobal economic order scenariosimport substitution and monetary policymanagement of innovative processesnew technological world
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Abstract (AI)
It is noted that during the pandemic there was a strong kick for bioengineering, as well as information and communication technologies, the transition to a new technological world is completed. At the same time, the shift to a new integrated global economic order has accelerated. Three options for its formation are presented: 1 ‒ the Chinese communist model; 2 ‒ the democratic system (demonstrated by India); 3 ‒ the system represented by the West. The first two options share the focus on the growth of public welfare. The third system (mainly in the United States and Great Britain) solves economic and political issues with the help of technologies for manipulating public consciousness. The opportunities for the EAEU countries (including Russia) are being considered, primarily the unused scientific and production potential due to inaccessible loans to finance working capital. It is shown that industrial production growth is possible in Russia due to import substitution, but to achieve this it is necessary to change the monetary policy. Export for rubles and not only to Europe is considered to be a positive factor. Thus, it is important that the proceeds are directed to lending to the manufacturing sector.
Key Findings
1
A new integrated global economic order is accelerating and may form via three models: Chinese communist, Indian-style democratic, or Western systems.
2
Chinese and Indian models prioritize public welfare growth, while Western (US/UK) systems use technologies to manipulate public consciousness for economic and political ends.
3
EAEU countries (including Russia) have unused scientific and production potential limited by lack of access to working capital loans.
4
Industrial production growth in Russia is feasible through import substitution, contingent on changing monetary policy and directing export proceeds (including ruble exports) into manufacturing loans.
5
The pandemic accelerated bioengineering and ICT development, completing a transition to a new technological world.
Research Object
Management of innovative processes in the context of new technological and global economic structures
Research Subject
How management of innovative processes can enable industrial production growth, import substitution, financing (loan allocation, monetary policy changes), and economic strategies (export for rubles, directing proceeds to manufacturing) within emerging global economic order scenarios
Publication Details
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2022-01-01
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