EASTERN TERRITORIES OF RUSSIA: DEVELOPMENT IMBALANCES AND STATE SUPPORT MECHANISMS // BSU bulletin. Economy and Management. - 2020. №4. . - С. 52-63.

EASTERN TERRITORIES OF RUSSIA: DEVELOPMENT IMBALANCES AND STATE SUPPORT MECHANISMS

DOI: 10.18101/2304-4446-2020-4-52-63 UDK: 33.332.146.2

The article analyzes the main macroeconomic indicators. It has been found that there is an inequality and significant disproportions in the development of the eastern territories of Russia. We have emphasized the key problems that cause the emergence of imbalances in the spatial development of the studied macroregion. It is noted that the existing imbalances generate the tension in various local communities within the regions. We consider the implementation of priority development areas as a measure of state support for the economic development of the macroregion. It is emphasized that the emerging trends and guidelines for the potential development of the studied territories attests to the positive aspects of the policy pursued in transforming spacial and sectoral structure of the economy of Russia’s eastern regions. It is shown that the ongoing outflow of population in most of the Far Eastern regions, high infrastructure costs necessitate additional support measures with the refinement of approaches to the organization of settlement system, development of social infrastructure, transport and budget financing using mechanisms of interbudgetary subsidies

Far East; Baikal region; socio-economic development; economic differentiation; governmental support; priority development areas.