2016•Scientific Research and Development EconomicsRequires access

The Post-Industrial Economy of Russia: Problems of Economic Policy

Басовский, Leonid Basovskiy, Басовская, Elena Basovskaya

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Abstract

The purpose of work consisted in the assessment of development of postindustrial economy in Russia. Creation of econometric models of the contribution of technological mode to GDP per capita of the developed countries has allowed establishing their efficiency. On this basis, we evaluated a contribution of the new fifth and sixth technological modes to GDP per capita of Russia. It has been established that in modern Russia not less than 45-55% of national production is provided due to new post-industrial, fifth and sixth technological modes. The economic policy in the country is answerable to the development of postindustrial economy. It is command-and-control policy, which doesn’t promote the development of post-industrial economy and economic growth. Major factors of growth of post-industrial economy — the human capital formed in an education system, and new production technologies of goods and services — do not develop. The policy directed to formation of institutes — the laws, customs and traditions adequate to post-industrial economic system is necessary for overcoming the economic crisis.

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The purpose of work consisted in the assessment of development of postindustrial economy in Russia. Creation of econometric models of the contribution of technological mode to GDP per capita of the developed countries has allowed establishing their efficiency. On this basis, we evaluated a contribution of the new fifth and sixth technological modes to GDP per capita of Russia. It has been established that in modern Russia not less than 45-55% of national production is provided due to new post-industrial, fifth and sixth technological modes. The economic policy in the country is answerable to the development of postindustrial economy. It is command-and-control policy, which doesn’t promote the development of post-industrial economy and economic growth. Major factors of growth of post-industrial economy — the human capital formed in an education system, and new production technologies of goods and services — do not develop. The policy directed to formation of institutes — the laws, customs and traditions adequate to post-industrial economic system is necessary for overcoming the economic crisis.

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Available abstract

The purpose of work consisted in the assessment of development of postindustrial economy in Russia. Creation of econometric models of the contribution of technological mode to GDP per capita of the developed countries has allowed establishing their efficiency. On this basis, we evaluated a contribution of the new fifth and sixth technological modes to GDP per capita of Russia. It has been established that in modern Russia not less than 45-55% of national production is provided due to new post-industrial, fifth and sixth technological modes. The economic policy in the country is answerable to the development of postindustrial economy. It is command-and-control policy, which doesn’t promote the development of post-industrial economy and economic growth. Major factors of growth of post-industrial economy — the human capital formed in an education system, and new production technologies of goods and services — do not develop. The policy directed to formation of institutes — the laws, customs and traditions adequate to post-industrial economic system is necessary for overcoming the economic crisis.

Key concepts: Post-industrial society, Per capita, Economics, Industrial policy, Gross domestic product, Human capital, Industrial production, Work (physics)

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