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Infrastructural and institutional instruments of increasing in national competitiveness policy

EDN: ZVMRKJ

Abstract

The economic environment imposes qualitatively new requirements to character of its industrial sector nowdays. Informatization of economy, need of decision-making in the conditions of dynamic changes and uncertainty, processes of globalization and intellectualization of economy - all this qualitatively changes structure of the industry, a condition of its competitiveness. The following tasks are set in the paper: to define an entity of an industrial policy and its relevant to the modern realities objectives; to study models of economic growth in the countries of the world and to define strategy for Russia; to reveal factors which are key for increase in national competitiveness; to formulate the tools of an industrial policy directed to increase in efficiency of use of key factors of economic growth and national competitiveness. In the article on the basis of the analysis of industrial policy evolution in European countries and Russia the expediency of transition from her structural character to promote the growth of competitiveness of the national companies by means of institutional and infrastructure mechanisms is proved. The possibility of Russia's implementation of the catching up-breakthrough model of economic growth on the basis of grouping of countries on the role of intensification (growth in resource efficiency) in generating growth of gross domestic product (GDP) is shown. Determined that the implementation of the above growth model needs an enabling institutional and infrastructure conditions for investment activities. Based on the assessment of the impact of infrastructural and institutional factors on global competitiveness proves that the combined effect of infrastructure and institutions exceeds twice the influence of other factors. In the framework of the system paradigm the production infrastructure is represented as a multidimensional economic system and formulated the basic institutional and infrastructural tools for improving national competitiveness. In the context of infrastructure-as-environment is implemented institutional function of correction parameters of its development. From the point of view of infrastructure as an object the institutional tools perform reproductive function in order to better meet the needs of the economy. From the position of infra-structural processes a function of the creation and diffusion of effective forms of economic behavior is suggested. The application for the infrastructure project applies innovative features of institutional tools aimed at the modernisation and intensification.

About the Author

T. Palei
Kazan (Volga region) Federal University, Institute of management, economics and finance


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Palei T. Infrastructural and institutional instruments of increasing in national competitiveness policy. Journal of Modern Competition. 2017;11(5):103-113. EDN: ZVMRKJ

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ISSN 1993-7598 (Print)
ISSN 2687-0657 (Online)