Conceptual approach to the development of an active process of import substitution

Abstract

In the current political and economic situation, the process of import substitution is of particular importance. Modern processes of social globalization involve the expansion of cooperation and integration of all levels and types of social production. However, there is a risk of increasing risks in the areas of economic and defense security, openness of new technologies, consumer (food and commodity) dependence, that is, increasing the risk of loss of stability of the socio-economic system. It is obvious that the main strategic objectives for socio-economic systems are different for each hierarchical level. At the macroeconomic level, these tasks are related not only to the formation of a system of priorities and incentives for the reorientation of the national reproductive complex to the production of import-substituting products, but also to the development of an institutional framework for initiating and launching import-substitution processes.). Import substitution is an active process of replacing imported goods with domestic analogues. It is important to note that for the Russian Federation import substitution is forced, because the beginning of the policy of substitution of foreign goods for goods produced domestically against Russia was introduced a number of trade and economic sanctions imposed by the countries of Europe and the United States. In addition, it should be emphasized that the process of import substitution in the domestic economy should a priori have realistic and objectively marked borders, as the the task of ensuring that excessive (as a limit – one hundred percent) of replacement itself is not only achievable in principle, but requiring undue effort and material costs, can cause considerable damage to the national economy. The analysis of the theories of foreign direct investment. The scheme of construction of production on the basis of active import substitution was built. Thus, it is necessary to note the importance of the theory of FDI and the introduction of import substitution instruments for the sectors of the economy. Import substitution takes place in the following segments of the economy: agriculture, information technology, mechanical engineering.