Problems and Risks of Parallel Imports of Eco-Friendly Materials in Construction

Authors

DOI:

https://doi.org/10.5377/reice.v12i23.18290

Keywords:

Import, Problem, Risk, Construction, Factor, Pricing Policy, Economics

Abstract

The construction industry is experiencing a change in the supply of raw materials, goods, etc. This study is stipulated by problems in providing the construction industry with foreign materials and associated risks. The article aims to determine the differences between direct and parallel imports, separate parallel imports from counterfeit activities, and propose strategies to reduce the associated risks. Within the framework of the dialectical approach, the authors of the article use various scientific methods, including analysis of scientific literature, economic, structural, statistical, mathematical, and comparative analysis. The authors conclude that it is possible to reduce the construction industry's dependence on imports by creating domestic enterprises producing raw materials and goods currently in short supply due to sanctions. In this regard, supply chains will be reformed and will provide better positions in the global construction market in cooperation with Chinese premium manufacturers. In addition, directions for parallel imports are established, although this approach has certain difficulties and risks. Import substitution through domestic raw materials, products, etc. will have a positive effect on the economic and social environment in Russia and lead to a decrease in the shortage of foreign goods or products.

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Published

2024-07-09

How to Cite

Gerasimova, E., Tolmachev, M., Kevorkova, Z., Krishtaleva, T., & Boldyrev, A. (2024). Problems and Risks of Parallel Imports of Eco-Friendly Materials in Construction. Revista Electrónica De Investigación En Ciencias Económicas, 12(23), 298–319. https://doi.org/10.5377/reice.v12i23.18290

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Section

Research Articles