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A study of theoretical development of the Russian economy industrialization in modern conditions is reported here. The existing tendencies connected with reduction of industrial sector in Russia and in the world are recognized. Actual data confirmed Russian considerable lag behind the leading countries in manufacturing industry production. Such economic situation determined a research objective – development and substantiation of the new industrialization concept as actual social and economic development trend of Russia. The analysis of traditional and modern approaches to new industrialization allowed discovering its purposes, the principles, stages and prospects. The result of research became the general concept of new industrialization which includes the reasons of deindustrialization analysis, prerequisites for carrying out new industrialization in Russia, and also key parameters of new industrialization and set of industrial development stimulating measures. The implementation of the indicative analysis technique allowed to estimate certain Russian regions according to the degree of their readiness for new industrialization.
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