Sanctions risks and regional development: Russian case

Baltic Region, Journal Year: 2024, Volume and Issue: 16(1), P. 23 - 45

Published: Jan. 1, 2024

Economic sanctions and countersanctions are expanding worldwide, posing spatially heterogeneous threats to most countries. The study aims develop test a methodology for assessing regional exposure risks using Russian data. share of foreign trade with the countries that introduced restrictions can be used evaluate new barriers. In several cases, this exceeded 50 %, necessitating rapid reorientation product flows in Nenets, Khanty-Mansiysk Autonomous Areas, Komi, Murmansk region. Kaliningrad, Kaluga, Leningrad regions exhibit high import dependence production sector, particularly automotive industry, due their active involvement global supply chains. Sanctions against large legal entities created stability economies but increase demand domestic products offset impact. Foreign enterprises exiting market posed disrupting chains also provided opportunities local business development. Before some sanctions, companies had held more than 20 % Moscow region, city Moscow. However, firms announced complete withdrawal 5 only Samara, Leningrad, regions. An integral index was proposed based on mentioned indicators. Its value is lower diversified economy trade. greatest were observed closely connected European Union northwestern territories Russia: Karelia, Arkhangelsk 2022, likely experience decline economic activity, 2023, impact less explicit adaptation transformation. Based results study, recommendations formulated.

Language: Английский

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When and why regional clusters become basic building blocks of modern economy

Baltic Region, Journal Year: 2019, Volume and Issue: 11(3), P. 61 - 91

Published: Jan. 1, 2019

In this paper, we examine the modern cluster theory and specific features of regional innovation clusters as complex adaptive systems. Clusters have become a typical pattern industrial organization in national economies under their transition to innovation-driven model growth. We provide an overview contribution various theoretical frameworks (evolutionary theory, spatial development technological change system innovation, Porter’s competitiveness theory) concept consider latter from perspective complexity economics. On basis, differentiate true nominal counterparts propose three analytical dimensions explore clusters, namely, special class agglomerations, ecosystems, economic projects (cluster initiatives). properties corresponding each demonstrate role geographical functional fragmentation production, integration local exporters into global value chains, bridging communication gaps developing collaboration among agents. show that occupy central place types business networks comparative edge making them key building blocks landscape. Further, explain how capacity is affected by network synergy effects arising triple-helix participants. Finally, draw conclusions regarding supporting policies, including those applied Russia.

Language: Английский

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The Sustainability of International Trade: The Impact of Ongoing Military Conflicts, Infrastructure, Common Language, and Economic Wellbeing in Post-Soviet Region

Sustainability, Journal Year: 2022, Volume and Issue: 14(17), P. 10840 - 10840

Published: Aug. 31, 2022

The sustainability of international trade is subject to immense pressure. Apart from obstructed logistics, disruption production chains and changes in demand, the heavily affected by sanctions caused Russia–Ukraine conflict. This paper studies factors predicting sustainable post-Soviet region. We hypothesize that ongoing conflicts, infrastructure, language integration, geographical proximity, common border, economic wellbeing significantly impact trade. Methodologically we rely on linear hierarchical regressions estimating a set gravitation models (N = 15 countries—104 trading pairs; 2010–2020). results suggest Russian as primary average density road networks positively predict bilateral volume. distance, infrastructure differences, military and, surprisingly, pair-average GDP per capita diminish Countries’ mediates effect capita. are robust over time. present an important insight into within region numerous conflicts past war conflict between Russia Ukraine nowadays. rebuilding Ukrainian transport one essential measures country’s point view factor supporting internationally food supply.

Language: Английский

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The role of financial institutions in maintaining the realization of strategic priorities of Kuzbass

Russian Journal of Industrial Economics, Journal Year: 2020, Volume and Issue: 13(3), P. 399 - 408

Published: Sept. 27, 2020

The authors overview the issues of financing realization strategic priorities Kuzbass development up to 2035 and for further perspective. Large-scale transformation regional economy requires significant financial resources while capabilities commercial banks are limited. So main task article is form an interrelated system institutions including that State Fund Entrepreneurship Support Kemerovo region Strategic Investment Projects Kuzbass, stock market which enable efficient redistribution required investment at all stages Strategy’s realization. It suggested develop by issuing infrastructure bonds Moscow exchange, creating trading platforms in regions or federal districts launching over-the-counter region. can also support issuers either partial compensation payments on corporate institutions’ guarantees enterprises. Such approach will allow attracting funds people invest them within a good rate. A crowd funding platform become additional tool accumulating funds. explain necessity maintaining integrity interrelation strategies region, local authorities businesses. Implementation concept “clever specialization” make it possible choose reasonably, contribute economy’s modernization technology fundamental research, create new online cooperation with scientific educational centre Kuzbass. use Dr. V.L. Kvint’s methodology strategizing their work.

Language: Английский

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Differentiation of Innovative Development Strategies of Regions for Improving the Effectiveness of Socio-Economic Policy in the Russian Federation

Economy of Regions, Journal Year: 2020, Volume and Issue: 16, P. 1302 - 1317

Published: Dec. 1, 2020

The study aims to develop a differentiate d approac h t o th e elaboratio n f innovativ developmen strategie s Russian regions, which allows an effective implementation of innovative paradigms, considering the specificity scientific and technical, innovative, production technological potential regions. analysis international experience development illustrates need consider regional features when creating strategies. We examined dynamics regions over past decade. hypothesise that targeted strategy region should be closely related its socio-economic strategy, relying on most relevant scientific, technological, educational potential. identified 4 main criteria for differentiating These application increases effectiveness innovation policies. factors include relationship strategies with socio- economic strategies, specialisation needs transformations future, forms activity. A comparative capabilities showed significant differences in number people employed research development, costs, manufacturing output other indicators. Based analysis, we top 15 are innovation-ready. used methods, statistical forecasting methods. proposed algorithm using differentiated approach strategizing development. Finally, concluded improving efficiency targeting state policy through more efficient use available resources opportunities strengthen sustainability communities. article is intended experts field theory practise managing

Language: Английский

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Exploring Regional Industrial Growth: Does Specialization Explain It?

Economies, Journal Year: 2022, Volume and Issue: 10(7), P. 172 - 172

Published: July 19, 2022

Being a form of territorial division labor, economic specialization should be considered as strategic management priority, contributing to competitive production structure and, consequently, regional growth. The article is devoted, firstly, the development method for assessing level labor based on new coefficient specialization; and secondly, investigation effects purpose substantiate influence territory factor industrial growth, along with other conventional factors development, using econometric methods an extended exogenous growth model. Premised data from Russian manufacturing industries specialization, authors have developed verified original approach effectiveness clustering ensuring output Approbation proposed assessment verification research hypothesis formulated by been carried out statistical Federation period 2005 2019. empirical analysis results contributed place-based theoretical approach, involving both cluster concept “smart specialization”. practical significance validate feasibility provide number principles policy thereon accelerate

Language: Английский

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Tactics and strategy of regional industrial complexes' development in the latest geopolitical conditions

Regional Economics Theory and Practice, Journal Year: 2023, Volume and Issue: 21(4), P. 604 - 634

Published: April 17, 2023

Subject. This article examines the system of relations between State, business and society regarding development industry in regions Russia context sanctions. Objectives. The aims to identify tactical measures that neutralize impact large-scale anti-Russian sanctions, substantiate strategic directions regional face increasing geopolitical uncertainty. Methods. For study, we used structural, comparative, statistical analyses. Results. proposes systematizes support Ural Federal District. It also identifies priorities for concept industrial policy Conclusions. vector District is determined by significant production, scientific, technological educational potential region, implementation which will improve standard living population ensure contribution achievement Russia's sovereignty.

Language: Английский

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ECONOMIC SPECIALIZATION OF THE REGION: OPPORTUNITIES AND PROSPECTS FOR DEVELOPMENT

Bulletin USPTU Science education economy Series economy, Journal Year: 2023, Volume and Issue: 1(43), P. 86 - 97

Published: Jan. 1, 2023

The article discusses the possibilities of developing economic specialization energy profile region – Republic Bashkortostan. Currently, considerable attention is paid to problems spatial development regions. In turn, this one most important components socio-economic well-being region. concepts include adaptation existing priorities available resources and new trends that contribute deformation system division labor. This feature includes regional socioeconomic complexes. Historically, undergoing significant changes in course development. order maintain sustainable competitiveness region's economy, it necessary constantly search for opportunities provide unique advantages region, preferably long term. purpose prospects contributing preservation To achieve goal, following tasks were solved: an analysis promising industrial based on rational use resources, which assessment current situation degree achievement goals region; profile; justified scenarios further specialization. optimal scenario renewable sources, namely production biological raw materials, biofuels from it, has been chosen. Oil-containing sugar-containing crops are offered as materials biofuels. provides acreage Volga Federal District Russian Federation Bashkortostan, well oil-bearing rapeseed culture. practical significance work lies a direction not yet considered by administrative managerial apparatus but with appropriate level justification investments, will ensure growth territory strategic perspective

Language: Английский

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Designing a differentiated strategy of innovation development of Russia's regions: Methodological issues

Regional Economics Theory and Practice, Journal Year: 2020, Volume and Issue: 18(11), P. 2022 - 2048

Published: Nov. 13, 2020

Subject. This article discusses the development of a differentiated strategy innovative taking into account distinguishing features Russia's regions. Objectives. The aims to improve effectiveness strategies for Russian regions, which vary in level science, technology, and innovation capacities. Methods. For study, we used statistical, economic mathematical methods, normalization principle, methods comparative, expert sociological analyses, foresight techniques, original region assessment techniques. Results. presents certain criteria differentiation scientific technical activities, it proposes three modifications regional strategy, corresponding main types regions by technological development. Conclusions. A approach can efficiency targeting government policies making better use available resources.

Language: Английский

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Assessment of the potential of Russian it industry clusterization, 2005–2018

InterCarto InterGIS, Journal Year: 2021, Volume and Issue: 27(1), P. 44 - 59

Published: Jan. 1, 2021

The article is devoted to the problem of clustering possibility in Russian information technology industry (IT). potential concept and its significance framework cluster policy measures modeling are considered. uses example IT test European Cluster Observatory model for assessing. main trends characterizing change regions were identified. verification current development priorities within state was carried out. Russia that have a high new IT-cluster formation directions improving methodological approach assessing potential, taking into account factors development, proposed. analysis helps identify few important problems model, including trend towards decrease indicators most socially economically developed regions, an increase level monopolization, also negative impact barriers which preventing companies from entering market.

Language: Английский

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