Implementation of Regional Development Priorities Under the Conditions of the COVID-19 Pandemic

Mikhail V. Milchakov ()
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Mikhail V. Milchakov: Financial Research Institute, Moscow 127006, Russian Federation

Finansovyj žhurnal — Financial Journal, 2021, issue 2, 93-113

Abstract: Due to historical features and the heterogeneity of the economic landscape, the regions of Russia are characterized by significant disparities in the level of socioeconomic development. In order to manage regional development, a number of important strategic documents have been adopted, including the Spatial Development Strategy. The tasks of supporting problem regions and developing the largest agglomerations are articulated in these documents. In the context of the pandemic, new challenges have emerged related to slowing economic growth and budget constraints. The article examines the specifics of the formation of individual programs for the socioeconomic development of problem regions, as well as the situation of cities with more than 1 million inhabitants during the pandemic. The author presents proposals for improving the measures included in the Spatial Development Strategy.

Keywords: spatial development strategy; intergovernmental fiscal relations; intergovernmental transfers; national projects; regional budgets; agglomerations; individual programs; balanced development; interregional inequality; pandemic (search for similar items in EconPapers)
JEL-codes: H61 H72 H77 P25 R11 R58 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:210207:p:93-113

DOI: 10.31107/2075-1990-2021-2-93-113

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