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Russian Regions: Overcoming the Covid Crisis in 2021
[Регионы России: Динамика Выхода Из Ковидного Кризиса В 2021 Г]

Author

Listed:
  • Zubarevich Natalia

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

The economic recovery from January to July 2021 was faster in regions dominated by manufacturing. Regions with an abundance of raw materials, especially oil, grew more slowly. The service sector recovered faster in the largest agglomerations and in resort areas of southern regions. Employment in small and medium-sized businesses did not decrease in most regions, but increased in federal cities. Unemployment rates have almost returned to pre-crisis levels, except in a number of territories. Real incomes of the population are recovering slowly, with growth noticeable only in large cities. Budget policy is balanced in most regions.

Suggested Citation

  • Zubarevich Natalia, 2021. "Russian Regions: Overcoming the Covid Crisis in 2021 [Регионы России: Динамика Выхода Из Ковидного Кризиса В 2021 Г]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 64-69, October.
    • Handle: RePEc:gai:recdev:r21114
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    More about this item

    Keywords

    regions; socio-economic situation of regions; regional divide;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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