EVALUATING THE RELATIONSHIP BETWEEN ECONOMIC POTENTIAL AND WELFARE OF THE POPULATION AS EXEMPLIFIED BY INDUSTRIAL REGIONS OF THE RUSSIAN FEDERATION

ОЦЕНКА ВЗАИМОСВЯЗИ ЭКОНОМИЧЕСКОГО ПОТЕНЦИАЛА И БЛАГОСОСТОЯНИЯ НАСЕЛЕНИЯ НА ПРИМЕРЕ ИНДУСТРИАЛЬНЫХ РЕГИОНОВ РФ

Melenkina, Svetlana (Меленкина, Светлана) () and Uzhegov, Artem (Ужегов, Артем) ()
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Melenkina, Svetlana (Меленкина, Светлана): Ural Branch of the Russian Academy of Sciences
Uzhegov, Artem (Ужегов, Артем): Ural Branch of the Russian Academy of Sciences

Sotsium i vlast / Society and power, 2023, 59-74

Abstract: Introduction. The study of the economic potential of industrial regions is an important task in modern economics. Industrial regions play a key role in the country’s economy, as they are the main centers of production and services, create jobs and contribute to the development of other sectors of the economy. One of the main tools for analyzing the economic potential of industrial regions is to assess their opportunities to attract investment, develop production, improve the quality of life and well-being of the population. This makes it possible to identify problem areas in the region’s economy and develop measures to eliminate them. The purpose of the study. The study is devoted to identifying the relationship between the economic potential and the welfare of the population as exemplified by industrial regions of the Russian Federation. Methods. The main research methods used by the authors are the review and content analysis of scientific approaches in this subject area, collecting and processing statistical information, supplementing methods for assessing the economic potential and well-being of the population, calculating relevant integral indicators, interregional comparisons and ranking territories according to selected criteria. Scientific novelty of the research. Within the framework of the study, the authors propose a methodology for selecting industrial regions, supplement tools for assessing the level of economic potential of an industrial region, and propose a method for selecting indicators for assessing the level of well-being of the population of an industrial region. Results. According to the results of the study, there is a weak relationship between the economic potential and the well-being of the population of industrial regions. Carrying out the calculations described in the article on a regular basis can become a key factor in ensuring effective monitoring of the socio-economic situation in certain territories. Conclusions. The study is important for understanding which factors have the greatest impact on the well-being of the residents of the regions and what measures need to be taken to improve the level of economic development of the region and social protection of the population. The results of the study can be used to develop effective strategies for the development of regions and improving the life quality of people.

Keywords: industrial region; economic potential; welfare of the population (search for similar items in EconPapers)
Date: 2023
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