Analysis Of Problems Of Industrial Development Of Chechen Republic Over 2006-2018

Abstract

The paper is devoted to the analysis of industrial development of the southern territorial subject of the Russian Federation, as well as to the solution of problems related to the assessment of structural changes in the industry of the Chechen Republic. From 2006 to 2018 the structural changes of industrial production in the Chechen Republic were characterized by considerable interregional differences in speed and intensity of transformations. The analysis also showed that the dynamics of structural changes of industrial production in this region during the considered period was triggered by the activity of industrial enterprises in the Chechen Republic. It is shown that the economic growth of innovations and change of their development rates are one of the priority factors that caused structural shifts in the regional industry in 2006-2018. The paper describes the analysis of the industry from its historical perspective and considers present stages of industrial policy improvement. It is noted that the Soviet mentality and qualification of people entrusted to rebuild the industry of the republic were major obstacles to the development of the market economy. The rehabilitation of the industry in the republic was quite difficult. The authors emphasize a special role of the regional economy in efficient scientific support of economic transformations. It is impossible to create efficient industry without compliance with basic requirements of the market economy and every possible improvement of the investment climate. Further improvement of the industry requires organizational and economic measures aimed at resource management of its development.