Perspectives of economic growth of Russia in the conditions of information society

Abstract

Actual problems that hinder economic growth of the Russian Federation and the factors that stimulate achievement of progressive development of the Russian economy are studied. The purpose of the research is to determine the factors that determine economic growth of Russia and to choose the optimal model and conditions that are to be provided by the state for increase of the country’s economic potential. The directions of the national economic policy are determined that are aimed at optimal usage of the country’s resources – primarily, natural – for transition from extensive to intensive model of economic growth. The performed analysis of the factors of economic growth is based on the methodology of theoretical studies: formalization, abstracting, and idealization. The substantiated model of economic growth is based on the usage of import substitution of products in the internal market of the state and growth of export of non-resource spheres’ products. Characteristics of the innovational potential of Russia are given. Forecast of perspective of innovational development of Russia is provided. As a result of the research, the directions and initial measures of state support that allow ensuring economic growth of Russia in the mid-term are determined