INDUSTRY IN THE RUSSIAN FEDERATION FROM 1987-2012 (DYNAMICS OF PRODUCTION, LABOUR PRODUCTIVITY AND STRUCTURE OF INDUSTRY): EXPERIENCE OF AN ECONOMIC DETECTIVE
The development of industry in the Russian Federation from 1987-2012 has been analysed from the point of view of an economic detective. It is based on an alternative survey of dynamics and structure of industrial products during the analysed period investigated by the author. Alternative assessment methods and basic data for their calculation have been proven. The results of the calculations are given. There are comparisons between the alternative assessment, the Rosstat assessment and indirect features of industrial development which confirm the reliability of the alternative assessment. The factors and results of economic development of the industry during the analysed period have been examined on the basis of alternative assessment. Outstanding successes of industrial developments from 1999-2012 on the basis of prior use of the Soviet industrial and intellectual potential is disclosed. At the same time, the levels from 1987 haven’t yet been reached by production volume. Much attention is paid to the structural changes of the development of industry. The author shows that no noticeable positive changes in the structure of the industrial output have taken place as a result of the weakness of physical and human recources. The reduction of military production hasn’t been used instead of strengthening science-consumer industry of a non-military nature. There are no opportunities for further industrial growth from the present social and economic system of the Russian Federation because of the depletion of extensive factors of economic growth and the lack of financial resources to expand physical and human potential without much of the population suffering.