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Economic Analysis: Theory and Practice
 

The Russian investment and construction complex as a synergistic system

Vol. 16, Iss. 2, FEBRUARY 2017

PDF  Article PDF Version

Received: 7 November 2016

Received in revised form: 29 November 2016

Accepted: 12 December 2016

Available online: 27 February 2017

Subject Heading: INTEGRATED ECONOMIC-SOCIO-ECOLOGICAL ANALYSIS

JEL Classification: L51, L74, P40

Pages: 328-339

https://doi.org/10.24891/ea.16.2.328

Geras'kina I.N. Saint Petersburg State University of Architecture and Civil Engineering, St. Petersburg, Russian Federation
Geraskina82@mail.ru

Importance The construction industry as one of the most important cross-sectoral economic complexes is a subsystem of the national economy. It includes branches of material production and design and survey work to ensure the reproduction of fixed capital, and performs a single technological cycle of construction product manufacture, meeting the public demands.
Objectives The study aims to review the synergy of investment and construction complex being of great importance for the economic system of Russia.
Methods In the study, I employed a systems-synergistic approach, tenets of logic, methods of analysis and synthesis, scientific abstraction.
Results The characteristics of the investment and construction complex system include the following: structural elements can also refer to other production systems; high degree of dependency of the ultimate goal (result) on the organization of links (direct and inverse) in the chain of system-structural elements' interaction.
Conclusions The investment-and-construction complex of the Russian Federation is a synergistic system consisting of a number of interrelated economic subsystems. The latter have certain independence and autonomy in choosing the optimal mode of operation to meet the needs of the society.

Keywords: construction, system, investment-construction complex, economy

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