Studies on Russian Economic Development

, Volume 21, Issue 5, pp 472–476

Economic crisis: Management and innovative development issues

  • B. N. Porfir’ev
Economic Policy

DOI: 10.1134/S1075700710050023

Cite this article as:
Porfir’ev, B.N. Stud. Russ. Econ. Dev. (2010) 21: 472. doi:10.1134/S1075700710050023


This article discusses the reasons for Russia’s vulnerability to the factors of the economic crisis. We propose a conception based on A.A. Bogdanov’s general theory of crisis and I. Shumpeter’s economic cycles. The concept involves crisis management as an alternative to traditional anticrisis approaches and the basis of a strategy for recovering from a crisis and the long-term innovative development of the economy.

Copyright information

© Pleiades Publishing, Ltd. 2010

Authors and Affiliations

  • B. N. Porfir’ev

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