The author posted a question in Business, Finance
What are the problems of Russia's foreign economic activity that need to be solved first? and got a better answer
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The weakness of Russian economy, including foreign economic relations. The main problems of FEA can be attributed to: - extremely high resource intensity and cost of production even in technologically advanced sectors; - predominance of technologies and methods of organization of production that are not competitive by modern standards; - significant, and in some sectors critical wear of fixed production assets; - limited opportunities for internal accumulation; - weak motivation and low labor intensity; - significant unevenness in economic development of the regions of the country and large gaps in living standards between them; - a gap after race - High dependence of industrial modernization and living standards on imports and attraction of foreign investments; - Inertia of bureaucratization of economy and the whole system of state administration.
The weakness of Russian economy, including foreign economic relations. The main problems of FEA can be attributed to: - extremely high resource intensity and cost of production even in technologically advanced sectors; - predominance of technologies and methods of organization of production that are not competitive by modern standards; - significant, and in some sectors critical wear of fixed production assets; - limited opportunities for internal accumulation; - weak motivation and low labor intensity; - significant unevenness in economic development of the regions of the country and large gaps in living standards between them; - a gap after race - High dependence of industrial modernization and living standards on imports and attraction of foreign investments; - Inertia of bureaucratization of economy and the whole system of state administration.