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Economic and Fiscal Resilience of Russia's Regions

Author

Listed:
  • Vladimir V. Klimanov
  • Sofia M. Kazakova
  • Anna A. Mikhaylova

Abstract

Nowadays there is an increase of attention from the international organizations to resilience of development, suggesting that the concept of sustainability is gradually being replaced by resilience as a development goal. The article explains the need to adapt the theory of regional resilience in Russian researches and determines the prerequisites for the formation that theory. The definitions of the concept of “resilience” from different areas of knowledge, including regional economic and fiscal resilience, are given, and the basic properties and and factors influencing regional resilience are determined. Based on 17 economic, social and financial indicators, an integral resilience index was determined for the Russia's regions, which revealed resilient and non‐resilient regions. According to the study, authors have confirmed the relationship between fiscal and socio‐economic resilience. En la actualidad, las organizaciones internacionales prestan cada vez más atención a la resiliencia del desarrollo, lo que sugiere que el concepto de sostenibilidad está siendo sustituido gradualmente por la resiliencia como objetivo de desarrollo. Este artículo explica la necesidad de adaptar la teoría de la resiliencia regional en la investigación en Rusia y determina los requisitos previos para la formación de esa teoría. Se dan definiciones del concepto de “resiliencia” de diferentes áreas del conocimiento, incluida la resiliencia económica y fiscal regional, y se determinan las propiedades y factores básicos que influyen en la resiliencia regional. Se emplearon 17 indicadores económicos, sociales y financieros para determinar un índice de resiliencia integral para las regiones de Rusia, que reveló las regiones resilientes y no resilientes. Según el estudio, se confirma la relación entre la resiliencia fiscal y la socioeconómica. 近年、開発のレジリエンスに対する国際組織の関心が高まっており、開発の目標としての持続可能性の概念が徐々にレジリエンスに置き換えられつつあることがうかがえる。本稿では、地域レジリエンスの理論をロシア研究に適用することの必要性を説明し、その理論形成の前提条件を決定した。地域経済や財政的レジリエンスなどの様々な知識分野における「レジリエンス」の概念の定義が示され、基本的な特性と地域のレジリエンスに影響を与える要因を決定する。17の経済・社会・金融指標に基づいて、ロシアの各地域の総合的なレジリエンス指数を決定し、レジリエントな能力のある地域とない地域を明らかにした。本研究から、著者らは財政的レジリエンスと社会経済的レジリエンスに関連性があることを確認した。

Suggested Citation

  • Vladimir V. Klimanov & Sofia M. Kazakova & Anna A. Mikhaylova, 2020. "Economic and Fiscal Resilience of Russia's Regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(4), pages 627-640, August.
    • Handle: RePEc:bla:rgscpp:v:12:y:2020:i:4:p:627-640
    DOI: 10.1111/rsp3.12282
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    References listed on IDEAS

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    1. B. S. Zhikharevich & V. V. Klimanov & V. G. Maracha, 2021. "Resilience of a Territory: Concept, Measurement, Governance," Regional Research of Russia, Springer, vol. 11(1), pages 1-8, January.
    2. Andrey Polyachenko, 2022. "The resilience of Russian Arctic cities 1989–2017," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(4), pages 796-825, August.
    3. Tüzin Baycan & Suat Tuysuz, 2022. "Special Feature on social, economic, and spatial impacts of COVID-19 pandemic in Turkey," Asia-Pacific Journal of Regional Science, Springer, vol. 6(3), pages 1041-1051, October.
    4. Suat Tuysuz & Tüzin Baycan & Fatih Altuğ, 2022. "Economic impact of the COVID-19 outbreak in Turkey: analysis of vulnerability and resilience of regions and diversely affected economic sectors," Asia-Pacific Journal of Regional Science, Springer, vol. 6(3), pages 1133-1158, October.
    5. Agnė Žičkienė & Rasa Melnikienė & Mangirdas Morkūnas & Artiom Volkov, 2022. "CAP Direct Payments and Economic Resilience of Agriculture: Impact Assessment," Sustainability, MDPI, vol. 14(17), pages 1-24, August.
    6. Klimanov, V. & Mikhaylova, A., 2021. "Fiscal decentralization in pandemic and post-pandemic times," Journal of the New Economic Association, New Economic Association, vol. 51(3), pages 218-226.

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