Manufacturing Industry in Russia: Problems, Status, Prospects

Structure of modern economy is transforming. In many countries and in the entire world market share of services in GDP is growing. Nevertheless grow in secondary production is still actual. This statement was confirmed by global financial crisis. Countries with developed secondary production (for example China and Germany) pulled through the crisis with minimal financial losses. From the end of first decade of 21st century many countries develop systems and concepts of “new” industrialization. And Russia is not an exception. On a basis of official state statistical data authors analyze current status and prospects of Russian manufacturing industry. Also problems of this industry have been determined. Authors prove that changing current negative trend in manufacturing industry calls for revision of Russian macroeconomic policy development and implementation.