PROBLEMS AND PROSPECTS OF DEVELOPMENT OF THE RUSSIAN BUSINESS SECTOR IN NEW CONDITIONS

Abstract

The article examines the changes in the conditions for doing business in Russia in connection with the sanctions pressure. The positive and negative consequences of sanctions pressure for the domestic business sector are revealed. The long-term and short-term consequences of sanctions pressure on the Russian business sector are determined. The most painful consequences of sanctions pressure for the Russian business sector are identified and possible tools to reduce the negative consequences for the Russian business sector through the use of government support tools are identified. Possible innovative trends and ways of responding to the sanctions pressure by the domestic business sector are identified, both positive and negative consequences of choosing one or another development trend by a group of representatives of the Russian business community are assessed. The most significant vulnerabilities of certain categories of representatives of the business community to sanctions pressure and its consequences, such as large backbone enterprises, small and medium-sized businesses, and innovative domestic production, have been studied. Based on the results of the work done, a system of general recommendations was developed to ensure the long-term and short-term sustainability of domestic business in the face of sanctions pressure. These recommendations are supplemented by additional ways to counteract the negative consequences of sanctions and use their positive consequences for some of the most significant groups of representatives of the business community for the Russian economy.