A comparative analysis of the socio-economic development of the Russian Federation regions in times of crisis: Trends and challenges

Abstract

Subject. This article examines the cyclical movements in the Russian economy and the heterogeneity of the economic space of Russia. Objectives. The article aims to analyze the general trends in the socio-economic development of the subjects of the Russian Federation in the crisis periods from 2008 to 2009, 2014 to 2015, and 2020. Methods. For the study, we used statistical and econometric research methods. Results. Based on the quantitative analysis of the Russian Federation regions with positive and negative dynamics for the indicators under consideration, the article ranks them according to the severity of crisis phenomena by individual economic indicator. Conclusions. It is necessary to identify problems on the solution of which the further development of certain subjects of the Russian Federation depends.