Multiplier Effect Research Articles

325 The Economic Impact of Pediatric and Adolescent Gunshot Wound Mortality

INTRODUCTION: Gunshot wounds (GSW) are the leading cause of pediatric/adolescent mortality in the United States. The total economic impact of lost productivity has not been previously quantified. METHODS: The CDC WONDER database was utilized to document GSW fatalities of individuals 19 years and younger between 2001-2021. The weighted net present value (NPV) of potential future lost income for each child was calculated based on the Social Security Administration’s estimated NPV of lifetime earnings at age 20, using a 4% discount rate, and factoring in updated US census data on education status, graduation rates, and wage-gaps. Each year’s total lost income was adjusted to 2022 USD using the CPI-W. Sensitivity analysis tested the robustness of our model parameters’ variability on our model results. RESULTS: 64,503 total pediatric/adolescent GSW mortalities have occurred since 2001. Total estimated NPV income loss in 2022 USD is $58.78 Billion. This correlates with an estimated loss to Social Security of $7.29 Billion. Sensitivity analyses found that changes in salary had the highest potential impact on the final outcomes. Overall, the worst-case income scenario (-20% change in base salary) showed an estimated $47 Billion economic loss in 2022 USD. A similar analysis for total pediatric mortality due to neurological disease showed an economic loss of $18.86 Billion. CONCLUSIONS: The economic impact of income lost due to pediatric GSW fatalities between 2001-2021 is estimated to be $58.78 billion, with minimum value of $47 billion after sensitivity analysis. This estimate likely undervalues the total economic impact of pediatric gun violence since it is based on median salaries and excludes medical treatment, long-term disability/morbidity, multiplier effects, or future offspring productivity. The total cost to society of pediatric GSW mortality significantly exceeds all neurologic-related mortality and is too high for physicians and policymakers to ignore.

Women on the move: Understanding the female face of migration to develop targeted policies

Women migrants and refugees are playing an increasingly important socio-economic role in our societies. As gender has an impact on their experience and on their integration process, it is necessary to develop a gender-sensitive, targeted approach, which enables their contribution to society to be fully appreciated. Female migrants and refugees may face stronger, and double, discrimination and experience further barriers to integration in their host countries. Yet, the societal inclusion of women is key for their families; has multiplier effects; and can stimulate changes in social norms, gender relations and discriminatory practices. Furthermore, investing in women contributes to economic growth, social cohesion and stability. Therefore, promoting gender mainstreaming in migration policies is both a social and an economic necessity. It must not be overlooked.

The Tabot Festival in Bengkulu Indonesia : Synergy between Culture, Religion and Socioeconomic Empowerment

This study investigates the Tabot Festival in Bengkulu Indonesia focusing on its cultural, religious and sosioeconomic impacts, with the aim of demonstrating how local traditions can both preserve cultural heritage and empower the community economically. The study involves examining the festival's transition from a Shiite religious ceremony commemorating Imam Husein bin Ali’s martyrdom, to a broader cultural celebration that attracts significant tourism. Employing a qualitative ethnographic method, data were analyzed through extensive literature reviews. The findings reveal that the festival retains its deep cultural and religious roots, reflecting humanitarian and Islamic values such as courage, sacrifice and justice through its rituals and processions. Despite its evolution into a lively cultural event, the festival continues to uphold significant Islamic traditions and symbols. Economically, the Tabot Festival provides substantial benefits to the local economy, boosting sectors such as hospitality, restaurants and transportation. It also creates a multiplier effect by stimulating the creative economy and generating temporary employment opportunities for vendors, artisans and service providers. The local community's active participation further strengthens social cohesion and economic welfare.

Regional food security management based on Data Driven Decision Making

The goal is to study the effectiveness of food security management in the country and regions based on the principles of Data Driven Decision Making (DDDM) for making justified and effective decisions. This research was carried out as part of implementation of the tasks of the project on grant financing of Science Committee of the Ministry of Science and Higher Education of the Republic of Kazakhstan on the topic AP14871923 “Management of regional food security in the context of global challenges based on the concept of Data Driven Decision Making.” Methods - the works of domestic and foreign economists concerning the problems of food supply in the context of globalization and integration of the country's economy were used as theoretical and methodological basis for the study. Scientific research methods: monographic, abstract, logical, systemic and complex analysis, statistical data processing, structural-functional approach. Results - the authors considered the possibility of using DDDM in agricultural sector. Conclusions - implementation of the results allows to obtain a multiplier effect associated with achieving sustainability of agro-industrial system of the country's regions through the implementation of DDDM principles in practical activities of central state and local authorities. It is substantiated that the use of the concept of decision-making based on Data Driven Decision Making contributes to objective assessment of economic and physical availability of food, food safety, when quality of raw materials and products meets established requirements and guarantees safe consumption. It is necessary to support domestic production and reduce imports. This policy is followed by many countries with high level of food self-sufficiency.

Fiscal Expenditure Multipliers in South Africa: is there a crowding-out effect?

Returning an economy to fiscal solvency from episodes of large deficit requires efficient composition of national spending. It is for this reason that empirical inquiry concentrated on disaggregated expenditure components has gained relevance in the recent past. This paper employs an Autoregressive Distributed Lag Model (ARDL) to establish the size of fiscal expenditure multiplier. This paper uses time series data of disaggregated fiscal components ranging from 1982 to 2020. The results show positive but smaller (less than one) multipliers for all the disaggregated fiscal expenditure variables in the long run. Most importantly, the results show that the public sector wage bill, which takes the largest share of overall government expenditure, has a smaller multiplier compared to the rest of the expenditure items, indicating a possible crowding out impact. Effective management of the public sector wage bill and efficient budget allocation must be prioritized both in the long-run and short-run. This can be achieved by prioritizing growth-enhancing expenditures whilst keeping the public sector wage bill moderate.

Spillover effects of microcredit on the GDP of surrounding cantons in Ecuador

PurposeThe aim of this paper is to analyse the spillover effects of microcredit on the economy of Ecuador, with a particular focus on its potential as a poverty alleviation mechanism.Design/methodology/approachTo address our research questions, we take into account the distance between cantons (Ecuador’s own administrative distribution) by adopting a spatial autoregressive (SAR) model. To this end, a database will be constructed with macroeconomic information about the country, broken down by canton (administrative division of Ecuador), and in a 2019 cross section, with a total of 1,331 microcredit operations in all 221 of Ecuador’s cantons.FindingsWe find a positive effect of microcredit on these neighbouring regions in terms of wealth generation.Research limitations/implicationsWe acknowledge that this study is limited to Ecuadorian cantons. Nonetheless, it is crucial to emphasize that focussing on an under-represented developing country like Ecuador adds significant value to the research.Practical implicationsFacilitating access to microcredit is one of the main solutions to address the goals proposed in the sustainable development goals (SDGs).Social implicationsMicrocredit activity contributes to the creation of value and wealth in Ecuador, exerting a spillover effect in neighbouring areas that can generate positive multiplier effects and alleviate poverty. For all of the above reasons, our proposal for the country is to support and promote microcredit as one of the main solutions to address the goals proposed in the SDGs.Originality/valueThe novelty of this study lies in the use of spatial econometrics to observe the indirect effects of microcredit on the regions bordering the canton in which it was issued, thus examining the spatial effects of microcredit on wealth distribution.

Recovery time of the hotel and restaurant sector in Indonesia after COVID-19 crisis: a survival analysis

PurposeThe COVID-19 pandemic severely impacted tourism, and the hotel and restaurant industry was the most affected sector, which faced issues related to business uncertainty and unemployment during the crisis. The analysis of recovery time and the influence factors is significant to support policymakers in developing an effective response and mitigating the risks associated with the tourism crisis. This study aims to investigate numerous factors affecting the recovery time of the hotel and restaurant sector after the COVID-19 crisis by using survival analysis.Design/methodology/approachThis study uses the quarterly value added with the observation time from quarter 1 in 2020 to quarter 1 in 2023 to measure the recovery status. The recovery time refers to the number of quarters needed for the hotel and restaurant sector to get value added equal to or exceed the value added before the crisis. This study applies survival models, including lognormal regression, Weibull regression, and Cox regression, to investigate the effect of numerous factors on the hazard ratio of recovery time of hotels and restaurants after the COVID-19 crisis. This model accommodates all cases, including “recovered” and “not recovered yet” areas.FindingsThe empirical findings represented that the Cox regression model stratified by the area type fit the data well. The priority tourism areas had a longer recovery time than the non-priority areas, but they had a higher probability of recovery from a crisis of the same magnitude. The size of the regional gross domestic product, decentralization funds, multiplier effect, recovery time of transportation, and recovery time of the service sector had a significant impact on the probability of recovery.Originality/valueThis study contributes to the literature by examining the recovery time of the hotel and restaurant sector across Indonesian provinces after the COVID-19 crisis. Employing survival analysis, this study identifies the pivotal factors affecting the probability of recovery. Moreover, this study stands as a pioneer in investigating the multiplier effect of the regional tourism and its impact on the speed of recovery.

Spill-over effect of India cotton trade on labour and household income

India is one of the world’s largest producers and exporters of cotton, the major raw material for the textile industry, employing more than 4.5 crore people in the country. The present study aimed to analyse the impact of adverse trade in Indian cotton sector on labor and household income by employing Social Analysis Matrix based multiplier model and partial equilibrium model. Indian textile sector has strong backward linkages with primary input multiplier and household income multiplier of 4.13 and 3.44, respectively and, thus transmitting external impacts to the labour and household income. The sector has a higher multiplier effect of 10.17 on production activities, of which the impact on the cotton sector is 0.126. Fall in export and domestic demand for clothing and apparel in addition to movement restrictions around the world during the period 2020-2021, disrupted cotton supply chain and consequent fall in demand and price of the commodity. Simulations for the increase in carry-over stock and reduction in domestic consumption and cotton exports revealed that limiting the commodity's production and supply would retain the market equilibrium and increase the domestic price to the advantage of the farmers. The study reveals that dynamics in the Indian cotton sector trade significantly impacted labour and household income. Appropriate planning for areas under cotton cultivation and alternate procurement mechanisms during emergency situations would stabilise the Indian cotton economy.

Abstract MP56: Screening for Familial Hypercholesterolemia: School Based Programs May Be Best Alternative

Introduction: Familial Hypercholesterolemia (FH) is an autosomal dominant condition characterized by elevated cholesterol and premature development of cardiovascular (CV) disease affecting 1/200 - 1/500 individuals. Only 10% of the affected population in the United States have been identified and treated compared to 50-70% in Scandinavian countries identified through school-based or universal screening programs. Hypothesis Statement: School based programs are the best mechanism for FH screening. Methods: The Healthy Hearts and Minds Program (HHM) through UCHealth performs biometric screenings on 5th, 7th, and 10th grade students in Northern Colorado. HHM tested 10,991 5th grade students (9/2017 - 5/2022) and identified 424 students with total cholesterol levels ≥200 mg/dL (range 200-302). A buccal smear test (APOB, LDLR, PCSK9) was performed on 99 individuals with the highest total cholesterol levels to identify genetic status. A binomial logistic regression model was used for analysis. Results: Of the 99 students, six tested positive (50% male, 10.3 years, 22.8 BMI) for FH with five (40% male, 11.3 years, 17.3 BMI.) reporting a variant of indeterminate significance. A sigmoidal association between total cholesterol and predicted chance of FH was identified with the inflection point at ~270 mg/dL. Conclusions: Comprehensive school based programs are the most effective and equitable means of identifying this genetic based disease and should be supported in a collaborative manner with health care systems, industry and the community. With availability to all students, diversity, equity, and inclusion concerns are addressed and provide at risk populations with personalized health information. The results from this study suggest a school-based screening program can be effective at identifying students most at risk for FH. These results further define the relation between total cholesterol and predicted chance of FH for a school-aged population where 245 mg/dL indicates a 10.3% of testing positive for FH whereas 275 mg/dL has a 54.8% chance. Additionally, the multiplier effect documented through cascade FH testing enhances the benefit of the information to other family members, as the autosomal dominant pattern insures that 50% of members will be at risk. The individual benefit of identifying FH early is the treatability of this condition. Early use of lipid lowering agents can make the CV disease risk equal to the general population. If left untreated, CV disease occurs approximately 10 years earlier which results in increased mortality and disability, along with increased health care costs. Therefore, if elevated cholesterol is present in school children, genetic testing is warranted and treatment considered by age 8-10 years, especially if signs of abnormal vascular plaquing is identified.

What are the views of Quebec and Ontario citizens on the tiebreaker criteria for prioritizing access to adult critical care in the extreme context of a COVID-19 pandemic?

BackgroundThe prioritization protocols for accessing adult critical care in the extreme pandemic context contain tiebreaker criteria to facilitate decision-making in the allocation of resources between patients with a similar survival prognosis. Besides being controversial, little is known about the public acceptability of these tiebreakers. In order to better understand the public opinion, Quebec and Ontario’s protocols were presented to the public in a democratic deliberation during the summer of 2022.Objectives(1) To explore the perspectives of Quebec and Ontario citizens regarding tiebreakers, identifying the most acceptable ones and their underlying values. (2) To analyze these results considering other public consultations held during the pandemic on these criteria.MethodsThis was an exploratory qualitative study. The design involved an online democratic deliberation that took place over two days, simultaneously in Quebec and Ontario. Public participants were selected from a community sample which excluded healthcare workers. Participants were first presented the essential components of prioritization protocols and their related issues (training session day 1). They subsequently deliberated on the acceptability of these criteria (deliberation session day 2). The deliberation was then subject to thematic analysis.ResultsA total of 47 participants from the provinces of Quebec (n = 20) and Ontario (n = 27) took part in the online deliberation. A diverse audience participated excluding members of the healthcare workforce. Four themes were identified: (1) Priority to young patients - the life cycle - a preferred tiebreaker; (2) Randomization - a tiebreaker of last resort; (3) Multiplier effect of most exposed healthcare workers - a median acceptability tiebreaker, and (4) Social value – a less acceptable tiebreaker.ConclusionLife cycle was the preferred tiebreaker as this criterion respects intergenerational equity, which was considered relevant when allocating scarce resources to adult patients in a context of extreme pandemic. Priority to young patients is in line with other consultations conducted around the world. Additional studies are needed to further investigate the public acceptability of tiebreaker criteria.

PENINGKATAN PROMOSI PARIWISATA DESA WISATA PADANG GANTING MELALUI VIDEO PROFIL OBJEK WISATA

Nagari Padang Ganting is a unique village in West Sumatera, Indonesia, with a wide variety of tourist attractions, including man-made/health attractions such as hot springs, cultural attractions such as the tombs of Tuan Kadhi and Sheikh Ibrahim, and natural attractions such as Nabi's footsteps stone and the seven-tiered waterfall. However, at present, tourists only focus on visiting the hot spring tourist attraction, due to the lack of clear information about other tourist attractions in Nagari Padang Ganting. Currently, there is a website and a profile video of Nagari Padang Ganting, but it is necessary to create a profile video about the other attractions in Nagari Padang Ganting to provide more information for tourists who will visit. This activity aims to provide a solution to the existing problems, namely by creating a profile video of the Nagari Padang Ganting tourist attractions, thereby increasing the promotion of Nagari Padang Ganting tourism. This will certainly attract local and foreign tourists to visit Nagari Padang Ganting, thus helping the community's economy because it receives a multiplier effect from the tourism activities that exist in Nagari Padang Ganting. So it is directly beneficial to Nagari Padang Ganting, the Tourism Awareness Group (POKDARWIS) and the people of Nagari Padang Ganting, especially in the effort to improve community welfare through the promotion of tourist attractions in Nagari Padang Ganting. The profile video of the tourist attractions in Nagari Padang Ganting has been uploaded on the YouTube channel of the Nagari Padang Ganting Government and the Facebook social media of the Nagari Padang Ganting Government.

Fuel subsidy removal and welfare of the working class in Nigeria: Policy options for the state

Subsidy provisioning has been a feature of market economies around the World since the end of the Second World War. In Nigeria, and other Third World countries, subsidy provision is a major instrument by which Government attempts to enhance the welfare of the masses. Over the years, successive governments in Nigeria have attempted to keep the prices of certain commodities affordable by providing one form of subsidy or the other. The Premium Motor Spirit (PMS) popularly known as Petrol in Nigeria is one of the commodities covered by subsidy until 29th May, 2023 when the newly inaugurated President Ahmed Bola Tinubu in his inaugural speech declared an end to it. A major consequence of the removal of the fuel subsidy is the cut-throat pricing of PMS throughout the country. This paper attempts to interrogate the effect of fuel subsidy removal on the welfare of the working class in Nigeria with a view to ascertaining available policy options for the State. The paper adopts the neo-classical economic theory of government policy and argues that a fundamental responsibility of the State is the protection of the welfare of the citizenry through its various policy decisions. Relying on documentary evidence, the paper found that the removal of fuel subsidy has worsened the living conditions of the working class as not only do workers now have to pay more for fuel; the multiplier effect of a continuous rise in prices of PMS on other basic necessities has made life unbearable. Consequently, the paper suggests a novel approach to the conundrum where in the Federal Government would ensure domestic refining of crude oil for local consumption or reach an understanding with other countries for a non-commercial refining of crude oil for the country.

Estimating the dynamics of fiscal financing in emerging economies

<p class="MsoNormal" style="margin-top: 8pt; line-height: 14pt; text-align: justify;"><span lang="EN-US" style="font-family: 'Cambria',serif; mso-fareast-font-family: '等线 Light'; mso-fareast-theme-font: major-fareast; mso-bidi-font-family: 'Times New Roman'; color: black; mso-themecolor: text1;">I present a theoretical model and an empirical approach for jointly estimating the effectiveness of fiscal policy and the stochastic process of sovereign interest rate shocks. The theoretical model has features relevant to small open and emerging economies. Interest rate shocks affect the ability of firms to finance payroll expenses. This theoretical feature creates a propagation mechanism for interest rate shocks and affects government spending multipliers. This paper proposes a strategy for jointly estimating government spending multipliers and the interest rate shock process parameters.</span></p>

Multiplier Effect of Investment in Nepalese Economy

Multiplier Effect of Investment in Nepalese Economy

The negative security impacts of hate speech in Nigeria

Most conflicts in Nigeria are consequences of hate speech, marginalization anddivisions along religious and ethnic lines. Using qualitative content analysis, thispaper sets out to highlight cases of hate speech and the consequent impact on peace inNigeria and on its peacekeeping efforts. Results show the dangerous role of the mediain broadcasting hate speech and its contagious multiplier effects: the impunity oftraditional rulers; the failure of effective prosecution and the need to temporarilywithdraw Nigerian troops from peacekeeping missions. It further makesrecommendations towards ideas on how Nigeria could effectively address theunderlying issues towards preventing hate crime and achieving better conflictresolution mechanisms.

Spatial wage disparities and human capital externalities in France

AbstractWe re‐examine the respective role of local density and local concentration of human capital in the agglomeration gains for about 750,00 individuals working in 304 commuting zones of metropolitan France over the period 2009–2015. Agglomeration gains are mostly driven by human capital effects over this period. Also, because it absorbs dynamic learning effects, the use of worker fixed effects to address spatial sorting of individuals may underestimate, by about two third, the wage premium with respect to local concentration of human capital over a midterm period. Finally, wage gaps stem more from differences in human capital in the private sector than in the public sector. We do not find evidence of a multiplier effect of public employment on local human capital externalities in the private sector.

Large-scale agricultural investments and local food security – Evidence from a mixed-method case study in Benin

AbstractLarge-scale agricultural investments (LSAIs) and their impacts on local communities in host countries have been controversially discussed in recent years. As scholars increasingly call for more structured and comprehensive analyses, we develop a mixed-method approach using an expanded version of the “Right to Food” (RtF) framework to systematically investigate the local food security impacts of a recently established tomato-producing LSAI in Central Benin, West Africa. We find that the LSAI keeps natural resources as accessible as possible for the local community and provides employment opportunities, leading to higher dietary diversity of employees and multiplier effects in the local economy. At the same time, we find inequalities regarding the compensation of former land users as well as high job insecurity for temporary laborers who face high transportation costs to reach the LSAI. We argue that fair and inclusive compensation, improved access to markets and machinery, access to natural resources for often overlooked groups (pastoralists, hunters, fishermen) and social infrastructure are crucial factors in promoting positive outcomes of LSAIs on communities and that strong local institutions play a key role for achieving this. We conclude that the specific characteristics of our case (relatively small size, labor-intensive crop, focus on regional markets) provide favorable conditions for positive impacts on local food security. We encourage further, structured mixed-method studies, ideally including longitudinal and comparative research designs, to investigate the multidimensional effects related to the establishment of LSAIs. The extended RtF framework can thereby serve as a structural lens to systematically analyze the findings.

Modeling the effects of power efficient approximate multipliers in radio astronomy correlators

Large scale Radio Telescopes for Radio Astronomy highly depend on the availability of large (digital) processing capacities for imaging. Estimates concerning power efficiency for future Radio Telescopes lead to anticipated power consumption numbers beyond feasibility. To reduce the power budget, the use of approximate multipliers within the correlator is explored. A baseband equivalent executable model of a radio synthesis telescope is constructed to assess the effects of approximate multipliers. Besides ideal multipliers with floating point accuracy, the use of accurate 8-bit multipliers and 4 different types of approximate multipliers is explored. For each of these multipliers, the energy efficiency of an individual multiplier is known and used to determine the energy efficiency improvement of a correlator when using approximate multipliers. The effects of approximation are quantified by 3 metrics (Signal-to-Noise-Ratio (SNR), Spurious-Free-Dynamic-Range (SFDR) and Root-Mean-Square (RMS) level) derived from maps constructed by the executable model based on an empty sky with only a single point source. This is considered to be the worst case scenario. For illustration purposes, a more realistic input is processed by the model as well. The metrics have been determined based on different SNR levels at the input of each antenna element. For input SNR levels up to 10 dB, all types of approximate multipliers used in this paper can be exploited to improve energy efficiency of correlators, leading to a maximum energy reduction of 19 %. For input SNR values up to 30 dB an energy improvement up to 12 % can be achieved. These percentages are based on implementations in a 40nm low power IC technology at 1 GHz.

Ensuring sustainable development by prioritizing national economic interests

Aim. To develop recommendations on the formation of a national model of sustainable development of the Russian economy based on the identification of its key vectors, components in the conditions of external and internal shocks and changes caused by the transformation of strategic guidelines for sustainable development.Objectives. To analyze the peculiarities of the implementation of the global concept of sustainable development of the United Nations (UN) under the influence of deglobalization processes; to substantiate the need to transform the established foundations of sustainable development of economic systems in order to ensure the national economic interests of Russia; to propose the author’s approach to the formation of the structure and content of the national model of sustainable development of economic systems; to build a scheme of interaction between different levels of the economic system, ensuring the development of the national model of sustainable development of economic systems.Methods. In the course of the research we applied general scientific methods and techniques: analysis and synthesis, generalization of practical experience, expert assessments, comparison, abstraction and concretization, monitoring, modeling.Results. Based on the analysis of modern processes of deglobalization, the necessity of changing the structure and content of the concept of sustainable development of the Russian economy in the conditions of external shocks caused by the transformation of the global agenda of sustainable development was substantiated. The author’s approach to the formation of the structure and content of the national model of sustainable development of economic systems is proposed, which supplements the current triad of sustainable development (economy, ecology and social sphere) with innovation and institutional components and is scalable to the meso(regions) and micro-level (enterprises). The structure of the model sets socio-economic security, innovation security and the quality of the institutional environment in the conditions of external and internal shocks as controllable parameters, focusing on the creation of conditions for convergent convergence of meso-level systems. The scheme of organization of interaction between macro-, mesoand microlevels of the economic system is constructed, in which at the macrolevel the foundations of sustainable development of the country’s economy on the basis of national interests are set, management and control of mechanisms of sustainable development of economic systems of other levels are organized, and at the mesolevel the multiplier effect is provided for in the implementation of economic mechanisms of interaction of all elements of the regional ecosystem; the key task of the microlevel is the implementation of effective management of the regional ecosystem.Conclusions. Sustainable development of the Russian economy in the current conditions of global challenges is a complex task, the solution of which requires a systemic and holistic approach based on the prioritization of national economic interests. The proposed model, which determines the general guidelines at the macro level, suggests the organization of interaction of all three levels of the economy (macro-, mesoand micro-) with the provision of multiplier effect at the meso level, which requires the elaboration of adaptation mechanisms to the conditions of regional ecosystems and the specifics of business entities, suggests the continuation of the study.

Guiding a Russian region’s development under the moral paradigm: A case of the Republic of Crimea

Methodological and practical aspects of guiding the socio-economic development of Russia’s new regions are being actively conceptualized. The study attempts to identify the strategic avenue for governing one of Russia’s regions, namely the Republic of Crimea, in the context of moral imperatives. Methodologically, the work relies on a set of scientific concepts, such as state (regional) governance and new public management, as well as the provisions of humanistic, evolutionary, institutional and economic theories. The research methods are systematization, content analysis, analogical reasoning, and comparativeanalytical approach. The empirical evidence covers regulations and governmental programmes by the RF Government, executive authorities of the Republic of Crimea, and materials of the Simferopol and Crimea Diocese of the Russian Orthodox Church for 2005–2023. The paper presents a scientific explication of the moral paradigm in the context of state (regional) governance. We have substantiated a strategic direction of Crimea’s socio-economic development based on moral principles, including: dominance of the recreation sector generating a multiplier effect for related industries in the region; transformation of the functions and structure of the Crimean economy due to the special military operation in Ukraine and the rise in the moral component; the growing importance of healthcare and tourism industries in Crimea’s economic space. The findings of the research contribute to the development of theoretical and methodological provisions of state and municipal governance.