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Inclusive Growth and Regional Sustainability of Russia

Author

Listed:
  • V. A. Barinova

    (Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration
    Gaidar Institute of Economic Policy)

  • S. P. Zemtsov

    (Institute of Applied Economic Research, Russian Presidential Academy of National Economy and Public Administration
    Russian Foreign Trade Academy, Ministry of Economic Development of the Russian Federation)

Abstract

The article presents a methodology for assessing inclusive growth in Russian regions by constructing an integral index. We sought to understand how economic growth, based on high energy prices over several years, led to a smoothing of inequalities and reduction in poverty and environmental pressures in regions, as well as the nature of the trends in recent years. It was revealed that a number of developed regions, e.g., Leningrad, Tyumen, Kaluga, Voronezh, Moscow oblasts, the Republic of Tatarstan, and St. Petersburg, significantly improved their indicators from 1998 to 2016, especially in the area of increased life expectancy and household incomes, while reducing environmental load. However, from 2012 to 2015, the value of the inclusive growth index in Russia decreased to the 2007 level, and its differentiation between regions sharply increased. The results of a decade of work to improve the sustainability and uniformity of regional development were partially nullified. In 2016, the value of the index recovered to the 2011 level. To substantiate political recommendations, it is important that regions in which economic growth was accompanied by positive externalities in the social and environmental spheres were more resistant to external shocks. The developed index can further be used for a comprehensive assessment of the socioeconomic development of regions from the aspect of sustainability and inclusiveness.

Suggested Citation

  • V. A. Barinova & S. P. Zemtsov, 2020. "Inclusive Growth and Regional Sustainability of Russia," Regional Research of Russia, Springer, vol. 10(1), pages 10-19, January.
    • Handle: RePEc:spr:rrorus:v:10:y:2020:i:1:d:10.1134_s2079970520010025
    DOI: 10.1134/S2079970520010025
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    References listed on IDEAS

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    Cited by:

    1. Stepan Zemtsov, 2020. "New technologies, potential unemployment and ‘nescience economy’ during and after the 2020 economic crisis," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(4), pages 723-743, August.
    2. Zemtsov, S., 2021. "New technologies and regional development in the modern period," Journal of the New Economic Association, New Economic Association, vol. 51(3), pages 196-207.
    3. Nadezhda Mikheeva, 2020. "Qualitative Aspect of the Regional Growth in Russia: Inclusive Development Index," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(4), pages 611-626, August.
    4. O. V. Kuznetsova, 2021. "Economy of Russian Regions in the Pandemic: Are Resilience Factors At Work?," Regional Research of Russia, Springer, vol. 11(4), pages 419-427, October.
    5. Anastasiya Ye. Sevastyanova & Victor A. Yatsenko, 2020. "Barriers to sustainable development of municipalities with resource specialisation of the economy," Journal of New Economy, Ural State University of Economics, vol. 21(4), pages 174-191, December.
    6. Andrey Polyachenko, 2022. "The resilience of Russian Arctic cities 1989–2017," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(4), pages 796-825, August.
    7. O. V. Kuznetsova, 2022. "The Transformation of the Spatial Structure of an Economy in the Crisis and Post-Crisis Periods," Regional Research of Russia, Springer, vol. 12(4), pages 451-458, December.
    8. Kuznetsova, O., 2021. "Spatial development in the post-COVID period: New challenges or old problems?," Journal of the New Economic Association, New Economic Association, vol. 51(3), pages 226-232.

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