Far Eastern Institutional Novations: Imitation of a New Stage

In the previous five years the Russian Far East saw an implementation of a series of new institutional solutions, which mainly represented a modern edition of earlier, tried rules and mechanisms, organizational solutions and stimuli. At the same time, they represented a new system of actions aimed a...

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Main Author: Pavel Aleksandrovich Minakir
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2019-03-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://www.spatial-economics.com/images/spatial-econimics/2019_1/SE.2019.1.007-017.Minakir.pdf
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author Pavel Aleksandrovich Minakir
author_facet Pavel Aleksandrovich Minakir
author_sort Pavel Aleksandrovich Minakir
collection DOAJ
description In the previous five years the Russian Far East saw an implementation of a series of new institutional solutions, which mainly represented a modern edition of earlier, tried rules and mechanisms, organizational solutions and stimuli. At the same time, they represented a new system of actions aimed at attracting investments and stimulating economic activity of businesses and population. The nature of the institutional solutions, much like the general economic environment where they are applied, did not and does not guarantee the success when creating effective economic institutions and receiving quick results, such as steady advanced growth, structural modernization of the regional economy, and a notable improvement of quality of life. However, the accompanying propaganda, including mass expert pressure on population and businesses, led to the expectations of quick and positive changes in the economy and social sphere. These changes never took place in the five years, which led to opposite expectations. This article studies the manifestations and consequences of this change, such as looking for new impulses that will confirm the inevitability of establishment of new development institution, and gives the appraisal of the efficiency of the solutions from the viewpoint of economic justification and prospects of realization. Additionally, the author analyses the transfer of the Far Eastern ‘capital’ from Khabarovsk to Vladivostok, which wasn’t the only move towards the continuation of the Far Eastern development policy. Two other moves included the development of the national project of the Far Eastern development and the extension of the Far Eastern Federal District thanks to the inclusion of Buryatia Republic and Zabaykalsky Krai. It is currently impossible to make a detailed assessment of these actions
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spelling doaj.art-035eed5015eb45d4afc3b1384162f9372022-12-22T01:29:37ZrusEconomic Research Institute of the Far East Branch of the Russian Academy of SciencesProstranstvennaâ Èkonomika1815-98342587-59572019-03-0115171710.14530/se.2019.1.007-017Far Eastern Institutional Novations: Imitation of a New StagePavel Aleksandrovich Minakir0Economic Research Institute FEB RASIn the previous five years the Russian Far East saw an implementation of a series of new institutional solutions, which mainly represented a modern edition of earlier, tried rules and mechanisms, organizational solutions and stimuli. At the same time, they represented a new system of actions aimed at attracting investments and stimulating economic activity of businesses and population. The nature of the institutional solutions, much like the general economic environment where they are applied, did not and does not guarantee the success when creating effective economic institutions and receiving quick results, such as steady advanced growth, structural modernization of the regional economy, and a notable improvement of quality of life. However, the accompanying propaganda, including mass expert pressure on population and businesses, led to the expectations of quick and positive changes in the economy and social sphere. These changes never took place in the five years, which led to opposite expectations. This article studies the manifestations and consequences of this change, such as looking for new impulses that will confirm the inevitability of establishment of new development institution, and gives the appraisal of the efficiency of the solutions from the viewpoint of economic justification and prospects of realization. Additionally, the author analyses the transfer of the Far Eastern ‘capital’ from Khabarovsk to Vladivostok, which wasn’t the only move towards the continuation of the Far Eastern development policy. Two other moves included the development of the national project of the Far Eastern development and the extension of the Far Eastern Federal District thanks to the inclusion of Buryatia Republic and Zabaykalsky Krai. It is currently impossible to make a detailed assessment of these actionshttp://www.spatial-economics.com/images/spatial-econimics/2019_1/SE.2019.1.007-017.Minakir.pdfsocio-economic developmentnew economic policyelectionseconomic leadershipstate debtmacroeconomic indicatorsRussian Far East
spellingShingle Pavel Aleksandrovich Minakir
Far Eastern Institutional Novations: Imitation of a New Stage
Prostranstvennaâ Èkonomika
socio-economic development
new economic policy
elections
economic leadership
state debt
macroeconomic indicators
Russian Far East
title Far Eastern Institutional Novations: Imitation of a New Stage
title_full Far Eastern Institutional Novations: Imitation of a New Stage
title_fullStr Far Eastern Institutional Novations: Imitation of a New Stage
title_full_unstemmed Far Eastern Institutional Novations: Imitation of a New Stage
title_short Far Eastern Institutional Novations: Imitation of a New Stage
title_sort far eastern institutional novations imitation of a new stage
topic socio-economic development
new economic policy
elections
economic leadership
state debt
macroeconomic indicators
Russian Far East
url http://www.spatial-economics.com/images/spatial-econimics/2019_1/SE.2019.1.007-017.Minakir.pdf
work_keys_str_mv AT pavelaleksandrovichminakir fareasterninstitutionalnovationsimitationofanewstage