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Region: Economics and Sociology

2020 year, number 2

MEASURING SUSTAINABLE DEVELOPMENT OF THE RUSSIAN FAR EASTERN REGIONS

Yu.I. Pyzheva1, E.V. Lapo1, E.A. Syrtsova1, A.I. Pyzhev1,2
1Siberian Federal University, Krasnoyarsk, Russia
2Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences, Novosibirsk, Russia
Keywords: устойчивость развития регионов, индикаторы устойчивости, истинные сбережения, Дальний Восток, экономический рост, sustainability of regional development, indicators of sustainability, genuine savings, Far East, economic growth

Abstract

One of the most widely applicable indicators of sustainability of the economic development is the “genuine savings " indicator. To obtain more accurate estimates of the sustainability of the development of the Russian Far Eastern regions, the article uses a modification of the World Bank’s genuine savings assessment method considering the characteristics of the regions and the most detailed set of open statistics. According to the results of the study, we have identified “anti-sustainable" trends in the development of a few resource-type regions of the Russian Far East, which could be explained by the intensification of mining. The transition to sustainable development in the Far East as a whole will only be possible if all its regions are provided with sustainable development, i.e. the territories will not only be used as a resource-rich ground to replenish the federal budget and generate profits for companies involved in subsoil use but also as a truly strategic center for the country’s development, focused primarily on the accelerated growth of investment in human capital.