On Structural Transformation of Consumption under Sanctions Restrictions

Consumption is the most important component of the economic system development, determining its reproductive potential and, consequently, determining economic growth. The relevance of the study of consumption structure transformation is conditioned, on the one hand, by the formation of the global information environment, digitalization of the economy, which affect the change in consumption parameters; on the other hand, by large-scale sanctions restrictions in relation to the Russian economy. The analysis of the peculiarities of structural transformation of consumption in the context of sanctions restrictions creates opportunities to identify trends, problems and strategies of consumption transformation in the Russian economy. The study of the structure and dynamics of consumption, savings in the income of the population, as well as the reduction of the share of consumption in income, is an important task, since the determination of the significance of this aspect determines the trajectory of the realization of state economic policy, structural approach to the choice of its tools.