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Federal and regional institutions for the Russian Far East preferential regimes development

https://doi.org/10.31249/poln/2024.01.05

Abstract

In this article the author identifies the features of the implementation of regional policy on the example of the Russian Far East. The author highlights the functionality of federal and regional components of the ‘vertical of power’ existing in Russia. The managerial model, approximately corresponding to the theory of growth poles by François Perroux, assumed the creation of preferential regimes for doing business (territories of advanced development, the free port of Vladivostok, the Arctic zone of the Russian Federation) to support technological innovation, stimulate employment, and increase export potential. In practice, there has been a shift in the vector of preferential territories from innovation-technological to rent-oriented activities. Projects in preferential regimes more often correspond to the existing specialization of the regional economy («rut effect») than form new industries, although there are reverse examples. We also considered the influence of the federal center on the development priorities achievement in the Far East by a special institution called the Corporation for the Far East and Arctic Development (KRDV). Investment projects are more successfully implemented in the Far Eastern regions with a higher growth and with more influential governors, which confirms the participation of regional elites in the extractive federal policy of spatial development formation and implementation.

About the Author

G. A. Borshchevskiy
Russian Presidential Academy of National Economy and Public Administration
Russian Federation

Borshchevskiy Georgy

Moscow



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ISSN 1998-1775 (Print)