Socio-economic features of the regions as a fundamental factor in their long-term development

Yaroslav Lavrinenko,Alexey Kalashnikov,Arkady Novikov,Viktoria Tinyakova,O Kalinina

doi:10.1051/e3sconf/201911002138

Yaroslav Lavrinenko, Alexey Kalashnikov + Show 3 more

Open Access

https://doi.org/10.1051/e3sconf/201911002138

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Abstract

The features of the regions in the socio-economic terms determine the development of the national economy and the level of citizens’ well-being. The paper highlights the features of the regions depending on three areas: budgetary, social, and economic. These areas are analyzed using the example of the Central Federal District of Russia. Based on the results of the analysis, the features of the regions within the Central Federal District of the Russian Federation are determined. In addition, perspective directions for the development of the regions under consideration are presented on the basis of improving statistics, monitoring, increasing the salaryindex, reducing the debt load on the population, developing the digital economy, and improving the system of subsidies. The possibility of avoiding the subsidization of regions through the development of innovation and agriculture is also shown. An author’s approach is proposed to determine the characteristics of the region for their future development. The justifying calculations for the applied approach in the framework of the efficiency of the regional economy on the basis of the salaryindex and the determination of the level of competitiveness of the region on the basis of the energy efficiency index are given. The justifying calculation conducted on the basis of the regions of the Central Federal District of the Russian Federation confirms the developed hypotheses.

Highlights

The features of social and economic development of regions is a fundamental factor for the development of Russianregions
Russia cannot blindly apply mechanisms and models for developing countries, since the fundamental features of the economies of modern regions and countries differ from developing countries
Materials and methods fter analyzing the experience of Russian and foreign scientists and identifying a number of disadvantages in approaches to identifying features of the Russian regions, three areas of features of the socio-economic development of regions are considered as a fundamental factor in their future development

Summary

Introduction

Russia cannot blindly apply mechanisms and models for developing countries, since the fundamental features of the economies of modern regions and countries differ from developing countries. At the same time with the development of the regional economy in the Soviet Union, economists were concerned with the differences in socio-economic development. Prominent scientists of the past years were Nekrasov N.N., Kozlov L.A., Vasyutin V.F. In addition, in Soviet times there was a lot of discussion regarding the regional economy as an independent science. In Soviet times there was a lot of discussion regarding the regional economy as an independent science Some scientists, such as Krotov V.A., Alaev EB, believed that the regional economy should be concerned with the socio-economic development of regions [2]

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