National Priorities In Industrial Sector In The Context Of Economic Transformations


The paper monitors and analyzes the priorities set up by the national policy towards the development of the industrial sector of the southern region in the context of economic transformations. The authors investigate the experience of choosing the priorities for the development of industry in the constituent entity of the Russian Federation within the framework of regional industrial policy. The paper justifies the need to improve the tools of national policy in the development of the industrial sector of the region in the context of ongoing economic transformations. In order to increase the efficiency of industrial production, the authors propose to use industrial capacities of enterprises capable of giving a multiplier effect and an additional impetus to the growth of the entire economy of the Chechen Republic, as well as the development of industrial enterprises with a high degree of commitment for diversification. Today, the implementation of national policy in the industrial sector of the region is impossible without a comprehensive rationale for the directions selected for economy restructuring based on the areas to be viewed as priorities. A structural crisis and the need to initiate an extensive industrial restructuring agenda greatly emphasize the priorities to be selected. The experience that has been accumulated in the constituent entities of the country is of paramount interest in the framework of the target issue of choosing the priorities to spur industrial development. In this regard, the authors decided to call on regional practical experience using the example of the Chechen Republic.

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29 November 2021

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1st Edition




Cultural development, technological development, socio-political transformations, globalization

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Gairbekova, R. S., Elbieva, L. R., & Solumov, R. R. (2021). National Priorities In Industrial Sector In The Context Of Economic Transformations. In D. K. Bataev, S. A. Gapurov, A. D. Osmaev, V. K. Akaev, L. M. Idigova, M. R. Ovhadov, A. R. Salgiriev, & M. M. Betilmerzaeva (Eds.), Social and Cultural Transformations in The Context of Modern Globalism, vol 117. European Proceedings of Social and Behavioural Sciences (pp. 1999-2004). European Publisher.