The State of the Infrastructure Environment as a Determining Factor of Heterogeneity in the Development of the Regions of Russia

Tatyana Tretyachenko,Svetlana Sogomonyan,Galina Pivovarova,S Roshchupkin

doi:10.1051/shsconf/202111001041

Tatyana Tretyachenko, Svetlana Sogomonyan + Show 2 more

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https://doi.org/10.1051/shsconf/202111001041

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Abstract

The article is devoted to the issues of heterogeneity in the development of the infrastructure environment of macro-regional economic systems (federal districts) and their regions. An assessment of the state and effectiveness of the infrastructure environment in macro-regions and regions of the Russian Federation is made, it is concluded that interregional heterogeneity in the provision of physical infrastructure and its state affects the functioning and development of both regional economic systems and the economic system of the state as a whole. It is emphasized that the priority of state policy in the development of the infrastructure environment of regions - leaders leads to the migration of labor to these regions, increases the burden on their budgets, further enhances asymmetric regional development, and contributes to the growth of social tension in regions with an insufficient and degrading infrastructure environment. The article presents data on per capita financing for the development of infrastructure of leading regions and outsider regions, the level of infrastructure development in the regional context. The authors propose to use such promising mechanisms as bonds and infrastructure crowdfunding to finance the development of infrastructure of leading regions.

Highlights

Russia's development in the conditions of transformation to the market economy gave rise to many serious problems, one of which was the gradual degradation of the infrastructure of most of its regions
There is a significant shortage of funds allocated to infrastructure development, its volume according to the World Bank and Global Infrastructure Hub [6] for the 20 years is estimated at 13 trillion US dollars
Given the current and projected underfunding of the infrastructure needs of the economy, the issue of attracting investments in infrastructure development in Russia is no less acute than abroad: the deficit of infrastructure investments according to the calculations of Global Infrastructure Hub, OECD and the World Bank will amount to 1.5 billion US dollars for Russia during this period [7]

Summary

Introduction

Russia's development in the conditions of transformation to the market economy gave rise to many serious problems, one of which was the gradual degradation of the infrastructure of most of its regions. There is a significant shortage of funds allocated to infrastructure development, its volume according to the World Bank and Global Infrastructure Hub [6] for the 20 years is estimated at 13 trillion US dollars. Given the current and projected underfunding of the infrastructure needs of the economy, the issue of attracting investments in infrastructure development in Russia is no less acute than abroad: the deficit of infrastructure investments according to the calculations of Global Infrastructure Hub, OECD and the World Bank will amount to 1.5 billion US dollars for Russia during this period [7]. The current situation with insufficient provision of physical infrastructure in some regions of the country and redundancy in others, the poor quality of the infrastructure environment in the vast majority of regions, the uneven distribution of support for the infrastructure complex are a significant restriction on economic growth, their investment attractiveness (Fig. 2)

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