The Moscow Industrial Policy Model

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Abstract
The vital need for a purposeful industrial policy with its structural-investment and anti-inflationary components has been under discussion for several years. Numerous attempts to formulate such a policy have been made at the federal level; however, because not so much concrete measures to invigorate production as consistency with liberalism have been required of the resulting options, any and all measures have been rejected in the end, and matters have never reached the point of practical implementation. Everything has resulted in a pro forma response to this urgent topic of the day, on the agenda of which an effective industrial policy has long figured as the number one priority.1 As a result, Russia is one of the few countries in the modern world where state regulation of the economy is strictly limited to exclusively monetarist measures for bringing influence to bear, such as taxes, tariff duties, interest rates, the size of the money supply, foreign exchange reserves, the foreign and domestic debts, ...

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