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Topical Trends of Improving Economy of Regions and Municipal Entities in Siberia

Journal: Baikal Research Journal (Vol.9, No. 3)

Publication Date:

Authors : ;

Page : 7-7

Keywords : region; municipal entity; socio-economic development; strategy; project-target approach; financial and budgetary project development; eco-industrialization;

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Abstract

Today, socio-economic development of regions and municipal entities in Russia and, in particular, in Siberia is characterized by getting out of crisis state after overcoming the period of recession, in spite of the increasing sanction policy pursued by the governments of the western developed economies. However, restoration of the pre-crisis level of personal incomes and social security will require significant time and system efforts on the part of regional and municipal authorities. In terms of resource restrictions and, as a rule, insufficiency of financial means, practical stabilization of socio-economic growth in many respects and generally depends on manifestation of legal entrepreneurial activity at the intermunicipal, regional and interregional levels, according to the strategy of new industrialization of Siberia. Respectively, it requires development of the topical trends of improving the economy of regions and municipal entities on the principles of cooperation and interterritorial interaction, including the international cooperation, taking into account the territorial specifics of ecological restrictions. In this regard, the article offers a new approach to implementing the strategic principle - eco-industrialization, on the principles of the financial and budgetary project development.

Last modified: 2019-04-04 19:41:33