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Some Results of the Russian Far East Investment Policy: Impact on the Main Sectors and Personal Incomes

Author

Listed:
  • I. P. Glazyrina

    (Institute of Natural Resources, Ecology and Cryology, Siberian Branch, Russian Academy of Sciences)

  • L. M. Faleychik

    (Institute of Natural Resources, Ecology and Cryology, Siberian Branch, Russian Academy of Sciences)

  • A. A. Faleychik

    (Transbaikal State University)

Abstract

The article presents the results from an analysis of how new institutional instruments for the support investment of processes in the Russian Far East impact the personal incomes in the sectoral context. It is shown that a number of identified positive trends are largely due to all-Russian factors, rather than specific measures related to development institutions. At the same time, in half of the regions there is a lag in the social sphere, which suggests that the “extractive” nature of the institutional environment remains. Limiting ourselves to the existing forms of institutional regulation, one can hardly expect that it will be possible to solve the problem of demographic stabilization in the east of the country. It is necessary to make changes in the mechanisms for the redistribution of national wealth, and this, in turn, will require a much deeper institutional transformation than the creation of “Far Eastern development institutions” in the current format.

Suggested Citation

  • I. P. Glazyrina & L. M. Faleychik & A. A. Faleychik, 2023. "Some Results of the Russian Far East Investment Policy: Impact on the Main Sectors and Personal Incomes," Regional Research of Russia, Springer, vol. 13(3), pages 504-513, September.
    • Handle: RePEc:spr:rrorus:v:13:y:2023:i:3:d:10.1134_s207997052370082x
    DOI: 10.1134/S207997052370082X
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    References listed on IDEAS

    as
    1. P. A. Minakir & S. N. Naiden, 2021. "Social Dynamics in the Russian Far East: Failure of the Institutional Paradigm," Regional Research of Russia, Springer, vol. 11(2), pages 139-150, April.
    2. V. A. Kryukov & V. E. Seliverstov, 2021. "From the Continental and Resource Curse of Siberia to Institutional Harmony," Regional Research of Russia, Springer, vol. 11(1), pages 1-12, December.
    3. I. P. Glazyrina & L. M. Faleychik & A. A. Faleychik, 2021. "Institutional Policy and the Role of Foreign Direct Investment in the Far East of Russia," Regional Research of Russia, Springer, vol. 11(4), pages 625-637, October.
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    1. I. P. Glazyrina & L. M. Faleychik & A. A. Faleychik, 2021. "Institutional Policy and the Role of Foreign Direct Investment in the Far East of Russia," Regional Research of Russia, Springer, vol. 11(4), pages 625-637, October.

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