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Russian Regions in the Acute Phase of the Coronavirus Crisis: Differences from Previous Economic Crises of the 2000s

Author

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  • N. V. Zubarevich

    (Lomonosov Moscow State University, Faculty of Geography
    Russian Presidential Academy of National Economy and Public Administration)

  • S. G. Safronov

    (Lomonosov Moscow State University, Faculty of Geography)

Abstract

The article examines the dynamics of the socioeconomic development of the Russian regions and the state of their budgets in the acute phase of the coronavirus crisis in April–May 2020. Differences in the rate of decline are revealed, due not only to the severity of quarantine measures, which affected the consumption indicators, but also the structure of the regional economy, which strongly influenced the industrial production dynamics and budget revenues. The rapid increase in the level of registered unemployment in almost all regions is due to the impact of quarantine restrictions on the market services sector, which is the most developed in large cities, as well as institutional measures (increase in the size of benefits and streamlined registration). The regional dynamics of the main indicators during the three crises of the 2000s are compared and significant differences are revealed in the distribution of regions by the rate of decline. The regional profile of each crisis was different due to its factors, risk zones, duration, and depth of the decline. The coronavirus crisis is aggravated by the fact that in most regions, the decline of the previous crisis in 2015 has not yet been compensated, which may lead to a protracted recovery from the 2020 crisis.

Suggested Citation

  • N. V. Zubarevich & S. G. Safronov, 2020. "Russian Regions in the Acute Phase of the Coronavirus Crisis: Differences from Previous Economic Crises of the 2000s," Regional Research of Russia, Springer, vol. 10(4), pages 443-453, October.
    • Handle: RePEc:spr:rrorus:v:10:y:2020:i:4:d:10.1134_s2079970520040115
    DOI: 10.1134/S2079970520040115
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    Citations

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    Cited by:

    1. Zubarevich, N., 2021. "Regions of Russia during a pandemic: Socio-economic dynamics and budget revenues," Journal of the New Economic Association, New Economic Association, vol. 51(3), pages 208-218.
    2. 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.
    3. S. A. Tarkhov, 2021. "Geography of the Passenger Turnover Dynamics at Airports in Europe and Russia’s Regions in the First Year of the COVID-19 Pandemic," Regional Research of Russia, Springer, vol. 11(4), pages 435-453, October.
    4. Zemtsov Stepan & Mikhaylov Alexander, 2021. "Trends and Factors of Development of Small and Medium-sized Businesses in Russian Regions during Сorona Crisis [Тенденции И Факторы Развития Малого И Среднего Бизнеса В Регионах России В Период Кор," Russian Economic Development, Gaidar Institute for Economic Policy, issue 4, pages 34-45, April.
    5. Zubarevich, N., 2022. "Regions of Russia in the new economic realities," Journal of the New Economic Association, New Economic Association, vol. 55(3), pages 226-234.
    6. A. G. Makhrova & T. G. Nefedova, 2022. "The Year of COVID: A Migration Reversal?," Regional Research of Russia, Springer, vol. 12(1), pages 159-167, December.
    7. Marina Yu. Malkina, 2021. "How the 2020 pandemic affected tax revenues in Russian regions?," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 16(2), pages 239-260, June.
    8. N. V. Zubarevich, 2021. "Opportunities for Decentralization in a Pandemic Year: What Does Budget Analysis Show?," Regional Research of Russia, Springer, vol. 11(3), pages 285-293, July.
    9. S. Zemtsov & V. Barinova & R. Semenova & A. Mikhailov, 2022. "Entrepreneurship Policy and SME Development during Pandemic Crisis in Russia," Regional Research of Russia, Springer, vol. 12(3), pages 321-334, September.
    10. Vera Barinova & Sylvie Rochhia & Stepan Zemtsov, 2022. "Attracting highly skilled migrants to the Russian regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(1), pages 147-173, February.
    11. A. V. Lialina & K. A. Morachevskaya, 2022. "Economic Access to Food and COVID-19: New Challenges for the Russian Exclave," Regional Research of Russia, Springer, vol. 12(3), pages 335-349, September.
    12. T. G. Nefedova & A. I. Treivish & A. V. Sheludkov, 2022. "Spatially Uneven Development in Russia," Regional Research of Russia, Springer, vol. 12(1), pages 4-19, March.
    13. 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.
    14. I. A. Ivanov & E. S. Golomidova & N. K. Terenina, 2021. "Influence of the COVID-19 Pandemic on the Change in Volume and Spatial Structure of the Tourist Flow in Finland and Estonia in 2020," Regional Research of Russia, Springer, vol. 11(3), pages 361-366, July.
    15. 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.
    16. N. N. Mikheeva, 2023. "Household Income and Consumption in Regions during the Pandemic," Regional Research of Russia, Springer, vol. 13(2), pages 287-295, June.
    17. Zemtsov Stepan & Mikhaylov Alexander, 2021. "Тенденции И Факторы Развития Малого И Среднего Бизнеса В Регионах России В Период Коронакризиса," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 4, pages 34-45, April.
    18. Voytenkov, Valentin & Demidova, Olga, 2023. "Impact of COVID-19 on household consumption in Russia," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 72, pages 73-99.

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