Abstract
The ongoing economic crisis caused by the COVID-19 pandemic and its asymmetric impact on some territories evoke research interest in identifying factors that determine the resilience of regional economies to external shocks. Solving this problem implies the need to study the specifics of the territory adaptation capabilities as well as measures taken by regional authorities aimed at entering the trajectory of inclusive growth. The research goal was to assess the adaptation potential of regions to the coronavirus crisis and determine the development trajectory as a result of this potential realization. The authors determined directions of the development of adaptation potential of regions (“bounce forward” or “bounce backward”). For this purpose, the analysis of regional changes in financial results of organizations, volumes of industrial production and provision of services, and the unemployment rate was carried out. As a result, it was revealed that the “bounce forward” is characteristic of the South of Russia regions with a high level of socio-economic potential and a diversified economy. For the regions with a low level of socio-economic development, adaptation opportunities were expressed in a “bounce backward”. This research contributes to the study of behavioral trajectories of regional economies in the conditions of the coronavirus crisis.
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Acknowledgements
The publication was prepared as part of the implementation of the State Assignment of the Southern Scientific Centre of the Russian Academy of Sciences for 2022, project “Strategic vectors of development of the socio-economic complex of the south of Russia taking into account regional resilience (economic and demographic aspects)”.
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Mitrofanova, I.V., Chernova, O.A., Nagy, H., Pleshakova, M.V. (2022). Adaptation Potential of Inclusive Growth of the Regions of the South of Russia in the Context of the COVID-19 Pandemic. In: Inshakova, E.I., Inshakova, A.O. (eds) New Technology for Inclusive and Sustainable Growth. Smart Innovation, Systems and Technologies, vol 287. Springer, Singapore. https://doi.org/10.1007/978-981-16-9804-0_4
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