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Economic Situation in the Far Eastern Federal District in 2014

Author

Listed:
  • Olga Mikhailovna Prokapalo

    (Economic Research Institute FEB RAS)

  • Artem Gennadyevich Isaev

    (Economic Research Institute FEB RAS)

  • Marina Gamilovna Mazitova

    (Economic Research Institute FEB RAS)

Abstract

On the basis of the official statistics for 2014 the authors analyzed the main trends of socio- economic development of the Far Eastern Federal District (FEFD). The paper considers the economic situation in the FEFD in comparison with the all-Russian tendencies. The researchers also identified and analyzed the factors affecting conditions in the sphere of production of goods and services, social dynamics and external economic cooperation. The study shows that the FEFD had following economic and social problems in 2014: the continuing decline of investments, a sharp increase in inflation; slowing growth rates in wages due to lower level of indexation; the necessity of finding «soft» methods of conservation of human resources; the decline in foreign trade activity; and the decrease in volume and value of imports. The situation in the region also can be characterized with the significant growth of industrial production in comparison with other federal districts of the Russian Federation and unemployment reduction.

Suggested Citation

  • Olga Mikhailovna Prokapalo & Artem Gennadyevich Isaev & Marina Gamilovna Mazitova, 2015. "Economic Situation in the Far Eastern Federal District in 2014," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 2, pages 132-164.
    • Handle: RePEc:far:spaeco:y:2015:i:2:p:132-164
    DOI: 10.14530/se.2015.2.132-164
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    Cited by:

    1. P. A. Minakir & A. G. Isaev & A. N. Dem’yanenko & O. M. Prokapalo, 2020. "Economic Macroregions: An Integration Phenomenon or Political–Geographical Expediency? The Case of the Far East," Regional Research of Russia, Springer, vol. 10(3), pages 327-343, July.
    2. Pavel Aleksandrovich Minakir & Artyom Gennadyevich Isaev & Alexander Nikolaevich Demyanenko & Olga Mikhailovna Prokapalo, 2020. "Economic Macroregions: An Integration Phenomenon or a Political Geographic Rationale? Far Eastern Russia Case," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 1, pages 66-99.

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