THE CATCHING-UP DEVELOPMENT: THE ASEAN EXPERIENCE AND IMPORT SUBSTITUTION POLICY OF RUSSIA

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Abstract

The experience of catching-up development of ASEAN countries becomes valuable in the conditions of the Russian of import substitution policy and “turn to the East” in geopolitics. The objective of the paper is revealing the prospects of native catching-up development based on the analysis of theoretical aspects of the model of “flying geese” and their practical application in the ASEAN countries and Russia. The paper presents the theoretical foundations of catching-up development in the framework of the Flying Geese paradigm in the works of K. Akamatsu, R. Vernon, K. Kojima and indicates its main stages. The author reviews the measures of industrial, trade and investment policy of the ASEAN countries on the initial stages of the model and the modern aspects of their economic development. The materials of statistical reports of IMF, UNCTAD, ASEAN, the statistical data of Federal state statistics department of Russia, Federal customs department of Russia, the programs of the Russian Government in the field of import substitution are studied. The achievements and problems of implementing the programs of import substitution in agriculture, industry, IT-technologies in Russia were analyzed. The study showed the factors, hindering the domestic development in the framework of the Flying Geese paradigm. The recommendations for solving existing problems include the stimulation of aggregate demand and the development of high-tech exports. Special attention was drawn to the possibilities of applying selected elements of the model in terms of territorial heterogeneity of Russia.

About the authors

T Y Shaldenkova

Saint-Petersburg State University, Saint-Petersburg, Russia

Author for correspondence.
Email: t_shaldenkova80@mail.ru

PhD in Economics, Associate Professor of the Department of European Studies of the Faculty of International Relations of Saint-Petersburg State University

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Copyright (c) 2017 Shaldenkova T.Y.

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