Assessing socio-economic development in a constituent entity of the Russian Federation under new conditions

V.D. Marshak (V.D.marshak@mail.ru)

Journal "Region: Economics and Sociology", 2009, vol. 4

Abstract: The paper analyses potential impacts of recessionary events on the dynamics of regional development. Our calculations have been made by applying an optimization forecasting model to the money flows observed in the Novosibirsk Oblast. We treated the recessionary impacts as follows: a reduction in regional financing by the federal government, devaluation of national currency, transformations of overdue repayment of debts on issued loans, and a reduction in capital projects financing. We show that it is the policy concerning the investment of construction projects - first of all, large ones - proved to be a key factor affecting the socio-economic development in a region.

Keywords: region; economy; finance; dynamics; money flows; crisis; investments; optimization model (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2009-4_5

Access Statistics for this article

More articles in Journal "Region: Economics and Sociology" from Institute of Economics and Industrial Engineering of Siberian Branch of RAS
Bibliographic data for series maintained by Galina Cheverda ().