Economic pressure and its impact on the situation in the state

2024 Author: Henry Conors | [email protected]. Last modified: 2024-02-12 02:54

Economic pressures are often linked to macro-level policies that create insurmountable barriers to increased investment activity. We can also talk about the difficulties that lead to a slowdown in the growth of economic indicators, which explains the further disintegration of the state and the discrepancy between the structure of production and technological systems.

Economic pressure contributes to the consolidation of the already established trends of declining financial indicators in the manufacturing sector. It can also lead to a reduction in production itself, investment and the overall security of the state. It is known from the scientific literature that maintaining a low rate of investment leads to an acceleration of the process of degradation of the entire production potential of the state.

We must not forget about the emerging problems associated with rapid aging anddepreciation of fixed assets (today their depreciation in industry is about 50%). This economic situation today is reflected in the difficult situation of such domestic industries as mechanical engineering (wear and tear over 50%) and the chemical industry (60%). Such a serious lag in the renewal of potential in production in the context of structural disproportion creates conditions that lead to the impossibility of forming integrity in production structures.

Modern economic policy should promote the sustainable development of those production and technological structures that may turn out to be structural elements of external reproduction circuits, both in the form of raw materials sources and in the form of energy and material-intensive semi-finished products. Also, the creation of such elements in the economic activity of the state will allow the use of global closed reproductive circuits that are responsible for servicing the consumption of imported finished products.

Economic pressure should be somewhat limited to achieve a certain balance in the Russian economy. Thus, the current structure of capital investments consists of two-thirds of investments in the fuel and energy complex. Therefore, the current trends of disintegration of financial support and the absorption of its remaining elements by reproductive circuits of an external nature will allow us to form such a characteristic of the structure of the domestic economy.

Here you canobserve the economic pressure on such export-oriented branches of the chemical, metallurgical and fuel and energy complexes. We are talking primarily about the gas industry, non-ferrous metallurgy and the service sector in terms of trade in imported goods and servicing financial markets. Among the manufacturing industries oriented to the domestic Russian market, the food and woodworking industries may turn out to be underdeveloped. There will also be a sharp decline in indicators for mechanical engineering and science-intensive industries.