IDEAS home Printed from https://ideas.repec.org/a/ura/ecregj/v1y2016i3p670-683.html
   My bibliography  Save this article

Assessment of the Impact of the Changes in the Situation of the World Markets on the Regional Processes

Author

Listed:
  • Kseniya Yekimova

    (State University of Management)

  • Irina Savelieva

    (SOUTH URAL STATE UNIVERSITY)

  • Ilya Tsalo

    (SOUTH URAL STATE UNIVERSITY)

Abstract

This article describes the issues of the influence of world economy on the development of regional processes. The nature of the dependence of the modern domestic economy on the trends of the world raw material markets is considered. The heterogeneity of the regional processes to the changes of the world environment indicators is revealed. The channels of the influence of the world market trends changes on the regional processes are investigated. The analysis of the world economy indicators has allowed to create a system of basic indicators whose change reflects the tendencies of the world economy. The offered methodological approach to the assessment of the reaction of the regional processes to the changes in the world market trends is based on the economic cycle concept. The methodological tools include the maps of the time shifts allowing to define the time lag of the retardation of the reaction of certain regional processes to the changes in world economy; the model of the evaluation of the influence of the world economy indicators on the regional process, based on the correlation analysis; the differential matrix of the reactions of regional processes to the changes in world market trends, which enables to group them according to the reaction speed and its value. The authors present the fundamental recommendations for the regional processes management based on the world market dynamics analysis. The approbation of the methodological tools was carried out in the terms of the “Consumer prices level changes†and covered the regional process across 83 regions of Russia. They were classified by the speed and the value of the reaction of the consumer prices level to the changes of world market trends. The research has determined the factors and time limits for necessary involvement of regional authorities into the regulation of the consumer prices level. The selection of the implemented method of the direct and indirect regulation of the consumer prices level is substantiated. The developed methodological approach can be applied for the substantiation of preventive management decisions at the regional level.

Suggested Citation

  • Kseniya Yekimova & Irina Savelieva & Ilya Tsalo, 2016. "Assessment of the Impact of the Changes in the Situation of the World Markets on the Regional Processes," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 670-683.
    • Handle: RePEc:ura:ecregj:v:1:y:2016:i:3:p:670-683
    as

    Download full text from publisher

    File URL: http://economyofregion.ru/Data/Issues/ER2016/September_2016/ERSeptember2016_670_683.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. A. G. Malliaris, 2005. "Global monetary instability: The role of the IMF, the EU and NAFTA," World Scientific Book Chapters, in: Economic Uncertainty, Instabilities And Asset Bubbles Selected Essays, chapter 20, pages 323-343, World Scientific Publishing Co. Pte. Ltd..
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Elvir M. Akhmetshin & Sergey I. Kopylov & Svetlana V. Lobova & Natalya B. Panchenko & G. Kostyleva, 2018. "Specifics of the Fuel and Energy Complex Regulation: Seeking New Opportunities for Russian and International Aspects," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 169-177.
    2. Elmira Krylatykh & Tatiana Belova, 2018. "Russian Grain Exports in the Context of Regional Economic Policy," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 778-790.
    3. Do Van Thanh, 2019. "Macro-Econometric Model For Medium-Term Socio-Economic Development Planning In Vietnam. Part 1: Structure Of The Model," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 121-136.
    4. Tatiana Belova, 2019. "The Processes of Import Substitution in the Agro-Food Sphere: Success or Failure?," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 285-297.
    5. Alexandra Grigorievna POLYAKOVA & Julia Nikolaevna NESTERENKO & Elena Albertovna SVERDLIKOVA, 2018. "A Philosophical Approach of the Modernization Process of Russian Economy and Economic Institutions," Postmodern Openings, Editura Lumen, Department of Economics, vol. 9(1), pages 109-128, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Guo, Dong & Zhou, Peng, 2021. "The rise of a new anchor currency in RCEP? A tale of three currencies," Economic Modelling, Elsevier, vol. 104(C).
    2. Maria Markantonatou, 2007. "The ideal-typical transition from Fordism to post-Fordism: A neopositivist problem setting," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 119-119.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ura:ecregj:v:1:y:2016:i:3:p:670-683. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Naydenov (email available below). General contact details of provider: http://www.economyofregion.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.