Download or read book Is Russia Still Driving Regional Economic Growth written by Clinton R. Shiells and published by . This book was released on 2015 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It specifies an econometric model that includes standard growth determinants as well as Russian economic growth, and which allows for the effects of Russian growth to vary over time. The paper finds that Russian growth was indeed a significant determinant of regional economic growth prior to the Russian crisis, but that this link weakened significantly thereafter.

Download or read book Regional Economic Development in Russia written by Niyaz Kamilevich Gabdrakhmanov and published by Springer Nature. This book was released on 2020-03-17 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers selected papers presented at the International Scientific Conference “Economics in the Changing World,” held on June 26-27, 2018 at the Institute of Management, Economics and Finance of Kazan Federal University (Kazan, Russia). The conference featured contributions by leading specialists in the field of management, territorial development, and state, regional and municipal management, covering the modern trends in the development of economic complexes and firms, economics of innovative processes, social policy, financial analysis, and mathematical methods in economic research. The book highlights new approaches for the development of various sectors of the Russian economy and individual markets, as well as for the efficiency of entrepreneurship in general. It also analyzes the concept, meaning and directions of the socio-economic development of the regional subjects in the Russian Federation. The scientific studies included make a significant contribution to the development of entrepreneurship, regional management, rationalization and optimization of resource use, state territorial administration, and sustainable economic growth in the regions and the transport infrastructure.

Download or read book Knowledge as a Driver of Regional Growth in the Russian Federation written by Jens Kai Perret and published by Springer Science & Business Media. This book was released on 2013-10-07 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Russian Federation has a history of more than twenty years of transformation to a market economy, but as well to a knowledge society, to look back on. This study takes a look at the knowledge generation, knowledge transmission and knowledge use inside the Federation since the early 1990s. Furthermore, in light of the high dependence of the Russian economy on the oil and gas sectors this study analyzes the impact knowledge related factors have on regional income generation following thereby in the direction of Schumpeterian growth theory. The study combines descriptive with empirical analyses to paint a picture as detailed as possible of the Russian knowledge society and its innovative potential. ​

Download or read book The Drivers of Regional Growth in Russia written by Hansjörg Blöchliger and published by . This book was released on 2018 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Re Mapping Opportunity written by Weltbank and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to understand a country as large and diverse as Russia, it is extremely important to consider spatial patterns of economic development. As Russia looks for new drivers of economic growth, it is important to understand the structural conditions that have defined economic development in Russia's regions. This report uses the Economic Potential Index (EPI) methodology to identify the conditions that drive regional development. Economic potential is the level of productivity that is possible for a region to achieve given its structural endowments, which are characteristics that are hard to alter in the short run. The methodology used in this report combines quantitative analysis of drivers of productivity across regions with in-depth case studies that focus on the role of regional governments and institutions in converting endowments into economic outcomes. This methodology generates insights that are relevant for both national and regional governments. The first chapter of this report provides an overview of regional development in Russia over the last 25 years and identifies “Russia-specific” national structural conditions that may affect regional development. The second chapter discusses the results of an assessment of economic potential at the regional level and the factors that shape it in Russia. The third chapter focuses on the role of national and regional governance, policy, and institutions in promoting economic development of the regions. The final chapter proposes policy priorities for both regional and national authorities.

Download or read book Re Mapping Opportunity written by World Bank and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to understand a country as large and diverse as Russia, it is extremely important to consider spatial patterns of economic development. As Russia looks for new drivers of economic growth, it is important to understand the structural conditions that have defined economic development in Russia's regions. This report uses the Economic Potential Index (EPI) methodology to identify the conditions that drive regional development. Economic potential is the level of productivity that is possible for a region to achieve given its structural endowments, which are characteristics that are hard to alter in the short run. The methodology used in this report combines quantitative analysis of drivers of productivity across regions with in-depth case studies that focus on the role of regional governments and institutions in converting endowments into economic outcomes. This methodology generates insights that are relevant for both national and regional governments. The first chapter of this report provides an overview of regional development in Russia over the last 25 years and identifies "Russia-specific" national structural conditions that may affect regional development. The second chapter discusses the results of an assessment of economic potential at the regional level and the factors that shape it in Russia. The third chapter focuses on the role of national and regional governance, policy, and institutions in promoting economic development of the regions. The final chapter proposes policy priorities for both regional and national authorities.

Download or read book Regional Development in Russia written by Hans Westlund and published by Edward Elgar Publishing. This book was released on 2000 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reporting the findings of a joint Swedish-Russian research project, economists overview Russia's regional development during the entire Soviet period, and analyze the array of regional problems facing Russia at the birth of the 21st century. For the Soviet period they reveal that the development of heavy industry actually reduced regional inequalities, but that disparities widened as the economy diversified, and that the science of regional planning never achieved practical application during a regime of central planning. Among the important factors contributing to cohesion and disintegration in Russia today, they cite ethnicity, religion, and Russian nationalism. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book Tech Smart Cities and Regional Development in Contemporary Russia written by Bruno S. Sergi and published by Emerald Group Publishing. This book was released on 2019-07-28 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: With chapters on FinTech, the cost of technological growth, and innovation risk management, Tech, Smart Cities and Regional Development in Contemporary Russia grapples with ideas about technology and the intertwined issues that Russia faces in the 21st Century.

Download or read book Regional Impacts of Russia s Accession to the World Trade Organization written by Thomas Fox Rutherford and published by World Bank Publications. This book was released on with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we develop a computable general equilibrium model of the regions of Russia to assess the impact of accession to the World Trade Organization (WTO) on the regions of Russia. We estimate that the average gain in welfare as a percentage of consumption for the whole country is 7.8 percent (or 4.3 percent of consumption); we estimate that three regions will gain considerably more: Northwest (11.2 percent), St. Petersburg (10.6 percent) and Far East (9.7 percent). We estimate that the Urals will gain only 6.2 percent of consumption, considerably less than the national average. The principal explanation in our central analysis for the differences across regions is the ability of the different regions to benefit from a reduction in barriers against foreign direct investment. The three regions with the largest welfare gains are clearly the regions with the estimated largest shares of multinational investment. But the Urals has attracted relatively little FDI in the service sectors. An additional reason for differences across regions is quantified in our sensitivity analysis: regions may gain more from WTO accession if they can succeed in creating a good investment climate.

Download or read book Bear Traps on Russia s Road to Modernization written by Clifford G. Gaddy and published by Routledge. This book was released on 2013-08-21 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bear Traps examines Russia’s longer term economic growth prospects. It argues that Russia’s growth challenges are conventionally misdiagnosed and examines the reasons why: a spatial misallocation that imposes excess costs on production and investment; distortions to human capital; an excessively high relative price of investment that serves as a tax on physical capital accumulation; and an economic mechanism that inhibits adjustments that would correct the misallocation. Bear Traps explains why Soviet legacies still constrain economic growth and outlines a feasible policy path that could remove these obstacles. The most popular proposals for Russian economic reform today — diversification, innovation, modernization — are misguided. They are based on a faulty diagnosis of the country’s ills, because they ignore a simple reality: Russia’s capital, both physical and human, is systematically overvalued, owing to a failure to account for the handicap imposed by geography and location. Part of the handicap is an unavoidable consequence of Russia’s size and cold climate. But another part is self-inflicted. Soviet policies placed far too much economic activity in cold, remote locations. Specific institutions in today’s Russia, notably its federalist structure, help preserve the Soviet spatial legacy. As a result, capital remains handicapped. Investments made to compensate for the handicaps of cold and distance should properly be treated as costs. Instead, they are considered net additions to capital. When returns to what appear to be large quantities of physical and human capital fail to satisfy expectations, the blame naturally goes to poor institutions, corruption, backward technology, and so on. Policy proceeds along the wrong path, with costly programs that can end up doing more damage than good. The authors insist that the goal should be to seek to remove the handicaps rather than to spend to compensate for them. They discuss how Russia could develop a modernization program that would let the nation finally focus on its economic advantages, not its handicaps.

Download or read book he impact of regional investment interaction on economic growth potential of the Russian Federation written by KONSTANTIN POZDNYAKOV and published by Триумф Triumph www.triumph.ru. This book was released on with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the monography is to elaborate the concept of the development of inter-regional investment cooperation by identifying the trends and features of its impact on the economic growth potential of the macro-region. The monography consists of the introduction, three chapters, conclusion and applications, as well as a list of references. The first chapter substantiates theoretical approaches to the essence, conditions and factors of regional development and the content of interregional investment cooperation in the current socio-economic conditions, analyzes the features of institutional design and the mechanisms for regulating regional cooperation for economic growth and development purposes, taking into account the Russian and foreign experience on the example of the European Union. The second chapter, basing on the economic analysis, identifies the trends in the development of the regions of the Central Federal District of the Russian Federation in terms of emerging macro-regions. A model has been proposed to assess the extent of the region’s economy’s involvement in inter-regional relations, which would allow to determine the dependence of variables such as interregional exchange, investment and gross regional product. Using mathematical modeling tools, the impact of these factors on the growth of the gross regional product of the Central Federal District of Russia, as well as its two regions — Moscow and Belgorod region — was evaluated. The third chapter identifies the prospects for the development of inter-regional investment cooperation in the Central Black Earth macro-region of the Central Federal District of the Russian Federation. The concept of developing inter-regional investment cooperation in the macro-region within the framework of the creation of a network of territories ahead of socio-economic development (PSEDA) has been developed. The mechanism of inter-regional investment cooperation in the framework of the creation and development of the territories ahead of socio-economic development (PSEDA) has been adapted in order to form the points of economic growth in the macro-region. The main text of the monography is laid out on 234 pages and is illustrated with 21 drawings and 40 tables. The monography contains 4 applications. The references list includes 144 units.

Download or read book Economic Opening Up and Growth in Russia written by Evgeny Gavrilenkov and published by Springer Science & Business Media. This book was released on 2013-03-19 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a decade of sharp economic decline, Russia switched to an impressive period of economic growth. Yet the economic record is still mixed, and many key problems remain unresolved, both in the economic sphere and the political system. The focus is on economic dynamics in Russia, reasons for its hesitant opening up process as well as the special role of the natural resources sector which is expected to continue to grow. This analysis highlights the existing deficiencies of the Russian economic system and raises doubts about the sustainability of growth. Twin focus is on required reforms and endogenous forces that impair liberalizing trade and investment in an orderly way. Russian discussions on WTO and other international topics are reflected.

Download or read book Russia and Eurasia at the Crossroads written by Egor S. Stroev and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: A team of high-ranking members from the CIS administration and economic experts analyses the market-oriented transformations as well as specific features of the market evolving in the 12 states. Using a wide range of statistical data, the authors deal with industry, agriculture, the military-industrial complex, the scientific and social sphere, finance and investment, market infrastructure, and international trade. They develop a centrist concept for sustainable development and economic integration that offers the possibility of overcoming the current problems. Provides Western readers with an insider view of the present situation and a wealth of valuable statistical data.

Download or read book Regional Disparities and Fiscal Federalism in Russia written by Oksana Dynnikova and published by International Monetary Fund. This book was released on 2021-05-20 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how regional disparities have evolved in Russia and how Russia’s system of intergovernmental fiscal relations is managing these disparities. Regional disparities have fallen over the past two decades but remain relatively high. Socioeconomic outcomes remain worse in lagging regions despite faster growth and convergence in income levels. The twin shocks of COVID-19 and lower oil prices appear to have impacted richer regions disproportionately. Compared to other large countries with federal systems of government, Russia stands out with its high reliance on direct taxes as a revenue source for its regions. Transfers from the federal budget to the regions provide some redistribution by reducing the dispersion in real per capita fiscal spending, but also tend to be associated with lower growth. The Russian fiscal system offers degrees of redistribution and risk sharing of around 26 and 18 percent, respectively—with in-kind social transfers contributing the most. Finally, federal transfers in the aggregate tend to be procyclical and are also fairly unresponsive to shocks to regions’ own revenues.

Download or read book Understanding Russian Regions Economic Performance During Periods of Decline and Growth written by Rudiger Ahrend and published by . This book was released on 2008 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article uses "extreme-bound"--Type analysis to revisit the determinants behind widely differing economic growth in Russian regions. Using data of 77 regions for 1993-2004, it separately examines the growth drivers for the phase of economic decline up to 1998, and for the period of strong growth afterwards. Looking at forty variables considered to be potentially related to growth, it determines, for each of the two periods, the ones robustly associated with Russian economic performance. Among the variables considered are proxies of politico-institutional features, indicators of economic reform, and measurements of both economic and non-economic initial conditions. The main findings, based on close to one million regressions, are as follows: during the period of economic decline up to 1998, differences in Russian regional growth were almost entirely driven by initial conditions, with resource and human capital endowments, industrial structure, and geographical location playing the dominant roles. However, since the 1998 crisis, the importance of initial conditions has declined significantly, and is now basically reduced to hydrocarbon wealth and advantageous geographical location. More reform-oriented policies, as well as better regional leadership are found to have come to make a significant difference. These results point to determinants of economic performance in periods of actual economic decline being quite different from those in "normal" times of economic growth.

Download or read book Reorientation and Rocket Launchers written by Vesala Lauri and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This policy brief examines regional economic development in Russia since the brutal invasion of Ukraine in February 2022. We focus on the logistics, construction, and industrial sectors as they are closely related to the structural changes in Russia's economy due to the war and sanctions. We examine available regional-level statistics concerning these sectors and form hypotheses for the regional variation observed. We also utilize official Russian publications and news items. We find that the shift in Russia's trade flows and sanctions related to trade logistics have had a limited effect on rerouting trade. This seems largely due to the constraints of existing infrastructure, logistical bottlenecks, and the robustness of Russian oil export volumes. Barring a few regions, infrastructure development related to the reorientation of the economy has no noticeable impact on construction. Construction growth in regions bordering Ukraine is driven by war-related construction. Militaryindustrial production seems to be the national driver for most fast-growing industrial sectors. Regional-level data reflects this high growth in many traditional military-industrial hubs.

Download or read book Regional Transformation in Russia written by Gyula Horváth and published by . This book was released on 2008 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: