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Regional Resilience: Theoretical Basics of the Question
[Региональная Резилиентность: Теоретические Основы Постановки Вопроса]

Author

Listed:
  • Klimanov, Vladimir (Климанов, Владимир)

    (Russian Presidential Academy of National Econome and Public Administration; Autonomous Non-Commercial Organization “Institute for Public Finance Reform”)

  • Kazakova, Sofia (Казакова, Софья)

    (Autonomous Non-Commercial Organization “Institute for Public Finance Reform”)

  • Mikhaylova, Anna (Михайлова, Анна)

    (Russian Presidential Academy of National Econome and Public Administration; Autonomous Non-Commercial Organization “Institute for Public Finance Reform”)

Abstract

The article explains the necessity to adapt the theory of regional resilience in Russia’s domestic science, considering the existing Western concepts, and determines the prerequisites for the formation of the theory of resilience of regional economic systems in Russian science. The definitions of the concept of “resilience” from different fields of knowledge and their interpretation in the field of regional economy and economic geography are given. The conceptual bases of evolutionary accounting of regional economic stability and adaptation are also considered, and the basic properties and factors influencing regional stability are determined. The notion of “resilience” is very important for understanding the process and models of uneven regional development, but the critically broad interpretation of this concept is a significant obstacle in building theoretical foundations and developing appropriate public policy measures. The authors identify the main factors affecting the resilience of the regional economic system: the ability of the region’s economy to adapt to changing economic conditions and to overcome crisis recessions; the availability of modern infrastructure, skilled personnel and business entities; a diversified economy; a strong system of innovation and research; a stable financial system; demographic trends; regional policy etc. The authors conclude that there is no single equilibrium state of the economy: crisis and shock situations shift the economy from its equilibrium path, after which it either restores its former growth path, or goes to the underlying trajectory or to an improved path of growth.

Suggested Citation

  • Klimanov, Vladimir (Климанов, Владимир) & Kazakova, Sofia (Казакова, Софья) & Mikhaylova, Anna (Михайлова, Анна), 2018. "Regional Resilience: Theoretical Basics of the Question [Региональная Резилиентность: Теоретические Основы Постановки Вопроса]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 164-187, December.
    • Handle: RePEc:rnp:ecopol:ep1853
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    References listed on IDEAS

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    Cited by:

    1. Zemtsov, S. & Voloshinskaya, A., 2024. "Russian regional resilience under sanctions," Journal of the New Economic Association, New Economic Association, vol. 64(3), pages 54-83.
    2. Vladimir V. Klimanov & Sofia M. Kazakova & Anna A. Mikhaylova, 2020. "Economic and Fiscal Resilience of Russia's Regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(4), pages 627-640, August.
    3. Andrey Polyachenko, 2022. "The resilience of Russian Arctic cities 1989–2017," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(4), pages 796-825, August.
    4. Marina Yurievna Malkina, 2022. "Resilience of the Russian Regional Economies to the 2020 Pandemic," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 1, pages 101-124.

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    More about this item

    Keywords

    Resilience; sustainability; sustainable development; regional economic system; regional development.;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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