NEO-INDUSTRIALIZATION OF FORMER INDUSTRIAL REGIONS OF RUSSIA (THE CASE OF “TITANIUM VALLEY”)
Published 2013-10-01
Keywords
- cluster,
- titanium,
- globalization,
- transition economies,
- neo-industrialization
- post-communist economies ...More
How to Cite
Copyright (c) 2023 Anatoly V. STEPANOV, Maria Y. ILYUSHKINA
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
Complex transformational processes in the Russian economy in the ХХ century, which
exited a 70-year long experience of a planned-administrative economic system and
transitioned to the market model, have led to unprecedented experimentation with the world
economy. Having introduced the principles of a market economy, Russia has found itself
subjected to the twin pressures of globalization and neo-industrialization, the results of
which have proven to be very effective for its industrial structure. Globalization has
expanded state borders and opened the gates for Russian entrepreneurs to conquer the world
oil and gas markets, ferrous and non-ferrous metals sectors, engineering and chemical
industries. The Urals region of Russia is developing in a very intensive way. The “Titanium
Valley” production cluster was formed in this region. This article examines some of the
special features of the functioning of this cluster.