Perspective development directions within SEZ in the Republic of Crimea and Sevastopol city

Bogdanenko P.P.
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Bogdanenko P.P.: Moscow State Institute of International Relations (University)

Modernization. Innovation. Research МИР (Модернизация. Инновации. Развитие), 2015, vol. 6, issue 3-2 (23), 26-31

Abstract: The subject of the article is perspective development directions within special economic zone in Republic of Crimea and Sevastopol city. After holding the referendum on joining of the peninsula to the Russian Federation, the leadership of the country faced with the task of development of the region, one of the main instruments for which was the creation of special economic zone. Even before joining, the economic level of Crimea was among the least developed Russian regions. Financial, economic and military-political crisis in Ukraine has exacerbated its economic position. In 2014, there was decline in production, foreign trade reduced multiply, and tourists flow decreased. In addition to exacerbation of the existing problems (short tourist season, homogeneous tourists flow, dependence on supplies of water and electricity), new ones appeared: growth of food prices, deteriorating ability to attract credit resources and the level of banking services, the need to re-register enterprises and associated downtimes. The purpose of this work is to propose basic development directions within the special economic zone. The methodological base of the research is comparative analysis, cause-effect relationships, as well as historical method. The author indicates the most perspective development directions for the residents within the SEZ. They include tourism, manufacturing (food and chemical industry, mechanical engineering), as well as agriculture. The author gives advice on potential areas for investment in the tourism industry: hotel business, restaurants and entertainment, passenger transportation. At the same time due to several factors development of innovative industries and commercial ports is prejudiced.

Keywords: INVESTMENTS; SPECIAL ECONOMIC ZONE (SEZ); ECONOMY; PROBLEMS; TOURISM; PRODUCTION; DEVELOPMENT; RESIDENTS; HOTELS; SEASON; CRISIS; SERVICE; ИНВЕСТИЦИИ; ОСОБАЯ ЭКОНОМИЧЕСКАЯ ЗОНА (ОЭЗ); ЭКОНОМИКА; ПРОБЛЕМЫ; ТУРИЗМ; ПРОИЗВОДСТВО; РАЗВИТИЕ; РЕЗИДЕНТЫ; ГОСТИНИЦЫ; СЕЗОН; КРИЗИС; СЕРВИС (search for similar items in EconPapers)
Date: 2015
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