Forecasting the impact of economic sanctions on the development of the Russian aircraft industry

Abstract

The article has analyzed the prospects for the development of Russia’s aircraft industry in the context of international economic sanctions. It has been shown that the forced localization of the entire technological chain of aircraft production in Russia may lead to the increase in the contribution of the industry to Russia’s GDP. However, since the national labor productivity is lower than the world average, the development of the industry’s production potential would require a significant rise in investment.