ACTIVITY OF LIGHT INDUSTRY IN RUSSIA IN THE CONDITIONS OF MOBILIZATION EVENTS IN THE FIELD OF ECONOMY
Anna V. Generalova1, Yuriy A. Malyukov1, Aleksey O. Nedosekin2, Zinaida I. Abdulaeva3
1The Kosygin State University of Russia, Moscow, Russian Federation
2Institute of Financial Technologies LLC, Pskov, Russian Federation
3North-Western State Medical University named after I.I. Mechnikov, St. Petersburg, Russian Federation
Keywords: sectoral economic sustainability (resilience), mobilization measures in the economy, public-private mobilization partnership (PPMP), intersectoral syndicate, matrix aggregate calculator (MAC), 4 Г— 6 strategic matrix
Abstract
The purpose of the article is to establish the principles of organizing the light industry and adjacent sectors of the Russian economy in the context of mobilization activities in the economy, in order to ensure the uninterrupted supply of products to meet the needs of the troops within the framework of the state order. Methods. The industry analysis is carried out under two main assumptions: a) the industry should be reformed, on the terms of public-private mobilization partnership (PPMP); b) relations between the light industry and related economic sectors should be built on the terms of an inter-industry syndicate (cluster, strategic alliance). The assessment of the stability of companies in the light industry sector is carried out on the basis of a matrix aggregate calculator (MAC). The return on equity of companies is analyzed using the DuPont formula. Results. Based on the simulation results, it is shown that the industry maintains economic stability provided that three basic conditions are met: a) it maintains an irreducible net profitability at the level of 5-7 %; b) forms an irreducible turnover of its assets at the level of 1.5 times a year; c) is credited by the state under the supplier’s factoring scheme, which gives a level of financial leverage of about 1.6. All this together should lead to a return on industry equity (ROE) of about 20 % per annum, which guarantees a rapid attraction of private capital to the industry, with the issuance of additional state guarantees for capital protection (a real option for business). Discussion. A more detailed modeling of sectoral economic stability requires the correct selection of modeling factors by groups: Threats, Opportunities, BSC, Risks, Chances, Decisions. A special modeling of the industry corporate culture is needed, using the approaches of related specialties. Conclusion. The GFMP principle guarantees the sustainable functioning of the Russian economy in the conditions of a period of maximum and medium levels of response and high readiness. The conventional wisdom that it is possible to ensure the sovereignty of the country by keeping the peacetime economy in the rear is untenable.
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