Algorithm of State Management of Modernization of a Multicultural Region’s Economy

Andrey V. Glotko, Alexandra Y. Tarasova and Elena V. Gubkina
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Andrey V. Glotko: Gorno-Altaisk State University
Alexandra Y. Tarasova: Altai State University
Elena V. Gubkina: Gorno-Altaisk State University

Chapter Chapter 26 in Public Administration and Regional Management in Russia, 2020, pp 231-238 from Springer

Abstract: Abstract The authors perform evaluation of the effectiveness of state management of economy’s modernization in top-5 multicultural regions of Russia in 2018 with the help of a standard formula (through the ratio of the volume of innovative products to the volume of expenditures for R&D), which shows high effectiveness of this management. Also, the assessment of effectiveness of state management of the economy’s modernization in top-5 multicultural regions of Russia in 2018 with the help of the offered new criteria is performed. It shows that all top-5 multicultural regions of Russia showed low effectiveness of state management of the economy’s modernization in 2018. For solving this problem, the authors suggest using the improved algorithm of management.

Keywords: State management; Modernization of economy; Multicultural region; Russia (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-030-38497-5_26

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DOI: 10.1007/978-3-030-38497-5_26

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