Regional policies at the federal and sub-federal levels: assessing their effectiveness
N. A. Bufetova
Keywords: region, regional capitals, effectiveness of regional policy, disparities in social development, institutional arrangements of regional policy
Pages: 19-33
Abstract
The paper proves that dynamics of social disparities could be reasonably applied as a criterion of effectiveness of any regional policy. Our comparative analysis of the dynamics of regional social and economic disparities shows that
the regional policy pursued by the federal government could be regarded effective, but only regional capitals benefit from it, while regional policies pursued by regional governments - ineffective. We discuss what institutional arrangements which could make traditional regional policies more effective.
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