The intermediate performance of territories of priority socio-economic development in Russia in conditions of macroeconomic instability

Sergey Beliakov,Anna Kapustkina,V Murgul

doi:10.1051/matecconf/201710601028

Abstract

The Russian economy in recent years has faced the influence of a number of negative factors due to macroeconomic instability and increased foreign policy tensions. In these conditions the considerable constraints faced processes of socio-economic development of regions of the Russian Federation. In this article the authors attempt to analyze the key indicators of socio-economic development of the regions in which it was created and operate in the territories of priority socio-economic development. These territories are concentrated in the Far Eastern Federal District. The article identified, processed, and interpreted indicators, allowing to produce a conclusion on the interim effectiveness of the territories of priority socio-economic development in Russia in conditions of macroeconomic instability.

Highlights

The main purpose of socio-economic policy is to increase the standard of living, increasing prosperity and ensuring social guarantees to the population
Integral rating of the region consists of the following indicators: x volume of production of goods and services; x the volume of consolidated budget revenues; x the number of people employed in economy
According to the authors of the article, the decision of the Russian Government to create a territory of priority socio-economic development primarily in Far Eastern Federal District (FEFD) due to several reasons: 1. attempt to reduce the outflow of population from the territory of FEFD; 2. significant unrealized resource potential of the territories; 3. the proximity of the Asia-Pacific region (APR), which determines the possibilities of development of international economic relations; 4. the attractiveness of the territory FEFD for investors from APR

Summary

Introduction

The main purpose of socio-economic policy is to increase the standard of living, increasing prosperity and ensuring social guarantees to the population. Without these indicators, it is impossible to imagine the effective development of civil society and of the economy as a whole. The crisis in macroeconomics and world politics led to the deterioration of the General economic situation in Russia and, as consequence, decrease in level of living of the population [1, 2]

Experimental section

Results section

Conclusion