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Socio-Economic Development in Northern Russia in New Economic and Political Context

Author

Listed:
  • A.V. Istomin
  • V.S. Selin
  • E.I. Zaytseva

Abstract

The article considers an economic and social situation in Northern regions in the period of transition to a new geopolitical and economic space and market relations. The industrial output indices in 15 RF Northern regions in 1991-2004 are given in comparison with those of 1990th. The authors discuss the intergovernmental relations, for example those concerning the distribution of subsidies from the Financial Support Fund for Units of the Russian Federation to equalize budget adequacies of regions. The article includes comparative data on the living standard in Russia and Northern regions (the average incomes per capita and cost of living), which allow the authors to identify the Northern population groups who have the incomes lower than a minimal average Russian cost of living. Regional disparities in wages are also shown. The authors make recommendations on public policy concerning the development of Northern economy.

Suggested Citation

  • A.V. Istomin & V.S. Selin & E.I. Zaytseva, 2006. "Socio-Economic Development in Northern Russia in New Economic and Political Context," Journal "Region: Economics and Sociology", Institute of Economics and Industrial Engineering of Siberian Branch of RAS, vol. 4.
    • Handle: RePEc:nos:regioe:2006-4_18
    Note: Russian-Canadian Program «The Exchange of Experience in Managing the Development of Northern Territories»
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