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The effectiveness of regional economic development: opportunities in the structure of the federal district

Author

Listed:
  • Valeriy Smirnov

    (Federal State Educational Institution of Higher Professional Education «Chuvash State University name I.N. Ulyanov». Department of Industrial Economics)

Abstract

The article provides a definition of the instability of the economic system and considers its causes. Designated requirements for the process of determining the spectrum of priorities in the context of sustainable economic growth. Scheduled policy imperatives of modernization of the Russian economy. The basic indicators of the Global Competitiveness Index and stage of development are considered. The basic requirements for sustainable economic growth in developing countries are allocated. The basic principles of scientific evaluation of the effectiveness of economic development in the region are presented. To correctly assess the effectiveness of the regional economic development, the conditionally interrelated and mutually complementary subsystems: the donor and acceptor are allocated. The essences of the donor and acceptor subsystems are revealed a definition of donor-acceptor bond is provided. The imperatives of the concept of performance evaluation of the economic development in the region are outlined. A method of evaluating the effectiveness of regional economic development is proposed. The valuation of efficiency of economic development of the Russian Federation, the Volga Federal District and the Volga Federal District is carried out. The definition of entropy development and spatial entropy is given. The analysis of spatial entropy development effectiveness of donor and acceptor subsystems and donor-acceptor bond Volga Feeral District is conducted.

Suggested Citation

  • Valeriy Smirnov, 2014. "The effectiveness of regional economic development: opportunities in the structure of the federal district," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 84-93.
    • Handle: RePEc:ura:ecregj:v:1:y:2014:i:1:p:84-93
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