The Crisis Phenomena in Economy of Russia and the Way of their Overcoming

• Main Authors: Victor Vladimirovich Mikhaylov, Sergey Victorovich Mikhaylov
• Format: Article
• Language: English
• Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2018-04-01
• Series: Управленческое консультирование
• Subjects: market liberalism; national economy; market price; limit income; capital price; average profit; state regulation; bankruptcy; labor productivity; production efficiency; competition; corporate property; state ownership; management
• Online Access: https://www.acjournal.ru/jour/article/view/559
• ISSN: 1726-1139; 1816-8590

In article the reasons of the crisis phenomena in economy of Russia and the direction of their overcoming are considered. Authors recognize that a part of the reasons is caused by revaluation of a role of the mechanism of free market regulation which use in modern economic has to be supplemented with state regulation. Its application is sent for approval of interests of all subjects of the market and overcoming the crisis phenomena in country economy.