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Algorithm of State Management of Modernization of a Multicultural Region’s Economy

In: Public Administration and Regional Management in Russia

Author

Listed:
  • Andrey V. Glotko

    (Gorno-Altaisk State University)

  • Alexandra Y. Tarasova

    (Altai State University)

  • Elena V. Gubkina

    (Gorno-Altaisk State University)

Abstract

The authors perform evaluation of the effectiveness of state management of economy’s modernization in top-5 multicultural regions of Russia in 2018 with the help of a standard formula (through the ratio of the volume of innovative products to the volume of expenditures for R&D), which shows high effectiveness of this management. Also, the assessment of effectiveness of state management of the economy’s modernization in top-5 multicultural regions of Russia in 2018 with the help of the offered new criteria is performed. It shows that all top-5 multicultural regions of Russia showed low effectiveness of state management of the economy’s modernization in 2018. For solving this problem, the authors suggest using the improved algorithm of management.

Suggested Citation

  • Andrey V. Glotko & Alexandra Y. Tarasova & Elena V. Gubkina, 2020. "Algorithm of State Management of Modernization of a Multicultural Region’s Economy," Contributions to Economics, in: Elena G. Popkova & Konstantin V. Vodenko (ed.), Public Administration and Regional Management in Russia, chapter 0, pages 231-238, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-38497-5_26
    DOI: 10.1007/978-3-030-38497-5_26
    as

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