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Region: Economics and Sociology

2022 year, number 2

REGIONAL AND MUNICIPAL GOVERNANCE IN THE GROWING DIGITAL ECONOMY AND INFORMATION SOCIETY

A.S. Novoselov, A.V. Faleev
Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences, Novosibirsk, Russia
Keywords: region, municipality, governance, institutional framework, strategic planning, digital economy, information infrastructure, management efficiency

Abstract

The article studies contemporary problems of managing regional socio-economic development amidst digital economy and proposes new methodological approaches to governance at regional and municipal levels, including promoting the idea of a strategic approach to governance, designing elements of a new governance mechanism based on digital technologies, implementing effective methods of state regulation of the regional economy, forming a regional information infrastructure, and providing integrated solutions to social and economic issues. We show that regional and municipal levels of governance are ill-prepared when it comes to switching to new forms of digital economy and information society growth. Based on generalized experience of how regional and municipal authorities operate, assessment of governance efficiency, and strategic planning procedures, we suggest ways of improving regional and municipal governance to increase its efficiency, strengthen the innovative orientation of governance via digital technologies and enhance the cooperation between state and market institutions in regions.