Russian Federation - Regional development and growth agglomerations : the longer term challenges of economic transition in the Russian Federation
As Russia continues to make rapid general progress in building modem market institutions, the complex spatial dimension of transformation in the country will continue to present strong policy challenges for many years to come. In fact, these challe...
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| Format: | Country Economic Memorandum |
| Language: | English |
| Published: |
World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20090225050743 http://hdl.handle.net/10986/3021 |
| Summary: | As Russia continues to make rapid
general progress in building modem market institutions, the
complex spatial dimension of transformation in the country
will continue to present strong policy challenges for many
years to come. In fact, these challenges are arguably
becoming progressively stronger. As confirmed in this
Country Economic Memorandum (CEM), economic growth has
become much more unevenly distributed across the Russian
Federation in recent years, with a sharp contrast opening up
between growth agglomerations in much of the Western part of
the country and much more modest development in the East and
North. This CEM focuses on regional development in the
Russian Federation. It first conducts an examination of
recent trends in the regional dimension of growth based on
available economic data for the country as a whole.
Particular attention is given to the topics of convergence,
agglomeration, and the sources of regional growth. In this
endeavor, the analysis distinguishes between two quite
different recent periods of economic growth: 1999-2003 and
2004-2006. A regional-level survey allows for the
examination of perceptions of entrepreneurs working in two
poorer-than-average regions that have been exhibiting
impressive rates of growth in recent years: Rostov and Tver
oblasts. The conclusions obtained in these investigations
are then related to the question of what type of a national
regional strategy, if any, might be useful for Russia. |
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