ORGANIZATIONAL AND MANAGERIAL MODEL OF IMPORT SUBSTITUTION PROCESS IN THE REGION (ON EXAMPLE OF KURSK REGION)

Abstract

During periods of geo-economic and geopolitical instability in the conditions of aggravation of relations between Russia and the West an objective assessment of socio-economic development alternatives is needed with the objective of establishing an effective competitive national economy, agreeable to standards of modern realities inclusion into the system of world economic relations, aimed at import replacement and strategic security of the state. In our view, theories and concepts are necessary for the development of import substitution as an important condition of economic safety maintenance of the country and its regions. According to Russian scientists they are a significant factor for stable and sustainable innovative development of the specific site, increase the likelihood of sustained development of country economy and its regions and make a significant contribution to the development of the regional economy. The state has many effective tools for influencing the market and the business to optimize economic growth, redress imbalances of socio-economic development of territories. The government is interested in ensuring economic, food supply and financial security of the country. In the framework of import substitution policy regional authorities have the opportunity to create and implement various incentive schemes of import substitution process. The process efficiency depends on the management system construction of import substitution in the region. It shows a clear need for the study of the role and importance of regional regulation of import substitution. Management of regional economy should be based on the understanding that import substitution is a development resource. It is the perception concept of import substitution process that should be the basis for a new regional economic policy in Russia, focused on modernization and innovative development of its non-oil sector and rational use of resources. The article provides the definition of "import substitution", measures aimed to implement the import substitution process in the Kursk region and characteristics of regional import substitution plan submitted by the organizational and managerial model of import substitution process in the Kursk region.