Analysis of institutional conditions of Russian's industry development
The adoption of two important federal laws in December 2014 created the conditions for the formation of new institutional conditions for the development of the real sector of the economy, for the development of the industry in terms of adverse external economic factors. The article provides an analysis of new institutional conditions and mechanisms of import substitution in the face of economic sanctions. The introduction of a new unit of institutional fields - territories of priority development should encourage the improvement of the investment business climate in some geographically localized points of growth. Could this lead to the desired result? What can be done to stimulate the development of the real sector? Article though is a discussion, but is designed to expand the methodological basis for the development of industry. According to the author the territory of priority development will contribute to the development of the real sector of the Russian Federation through the mechanisms of import substitution and protectionist economic policies.