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Investments for Sustainable and Inclusive Development of the Regions of Asian Russia: Problems and Prospects

Author

Listed:
  • N. A. Kravchenko

    (Institute of Economics and and Industrial Engineering, Siberian Branch, Russian Academy of Sciences
    Novosibirsk State University)

  • S. D. Ageeva

    (Institute of Economics and and Industrial Engineering, Siberian Branch, Russian Academy of Sciences)

  • A. I. Ivanova

    (Institute of Economics and and Industrial Engineering, Siberian Branch, Russian Academy of Sciences
    Novosibirsk State University)

Abstract

— The article analyzes the possibilities of inclusive growth in the regions of Asian Russia under conditions of persistent or exacerbated previous problems and emerging investment decline; the increased need for a transition to this type of development is substantiated, and the impact of regional investment on differences in indicators reflecting the level of inclusion is demonstrated. This has made it possible to identify the trends that have developed in recent years, reflecting changes in the structure, directions, and participants of investment processes. Asymmetry is shown to persist both between Central and Asian Russia as a whole, and between territories within the Asian Russia macroregion. The regions with the ability to spur investment in the face of growing external restrictions are cited. Conclusions about the transition to internal sources of investment and changes in their structure are substantiated. Directions are proposed for incentivizing and supporting investment proposals on the part of the population and regional budgets. The prospects for the increased use of public–private partnership mechanisms to enhance investment activity are demonstrated.

Suggested Citation

  • N. A. Kravchenko & S. D. Ageeva & A. I. Ivanova, 2023. "Investments for Sustainable and Inclusive Development of the Regions of Asian Russia: Problems and Prospects," Regional Research of Russia, Springer, vol. 13(3), pages 470-479, September.
    • Handle: RePEc:spr:rrorus:v:13:y:2023:i:3:d:10.1134_s2079970523700843
    DOI: 10.1134/S2079970523700843
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    References listed on IDEAS

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    1. Vera Ivanova, 2019. "GRP and environmental pollution in Russian regions: spatial econometric analysis (in Russian)," Quantile, Quantile, issue 14, pages 53-62, June.
    2. A. Ye. Sevastyanova & A. N. Tokarev & V. V. Shmat, 2018. "Peculiarities of Applying the Inclusive Development Concept for Resource Regions," Regional Research of Russia, Springer, vol. 8(1), pages 101-109, January.
    3. Thomas Piketty & Emmanuel Saez, 2003. "Income Inequality in the United States, 1913–1998," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(1), pages 1-41.
    4. Joyeeta Gupta & Nicky R M Pouw & Mirjam A F Ros-Tonen, 2015. "Towards an Elaborated Theory of Inclusive Development," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 27(4), pages 541-559, September.
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