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The Relations between the Center and the Regions

  • Natalia Zubarevich

Abstract

Regional economies are growing more stagnant. Although in 2012 the Russian economy recovered after the 2009 crisis slump, not all of the regions have returned to pre-crisis industrial production and investment levels. Industrial production stopped growing in 2013 and actually declined in 30 per cent of the regions. Investment declined 0.2 per cent, with half of the Russian regions experiencing negative growth, including most of the developed regions (the Far East suffered the sharpest 27 per cent decline). The repercussions of the 2014 political events are bound to exacerbahe investment decline in the regions. Stagnation is likely to transform into a slow economic crisis.

Keywords

Federal Budget Russian Region Federal Authority Regional Budget Budget Revenue 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Bibliography

  1. O. Kuvshinova (2013) ‘Regionally Budget Crisis’, Vedomosti, 12 December 2013.Google Scholar
  2. President of Russia (2014) Excerpts from Transcript of Meeting with Seliger 2014 Forum Participants, http://eng.kremlin.ru/transcripts/22864
  3. I. Starodubrovskaya (2014) ‘The Transformation of the North Caucasus: From Tradition to Modernity’, Proet Contra, No 1-2(62), 96–105.Google Scholar
  4. World Economic Forum’s Global Agenda Council on Russia Building on the Scenarios for the Russian Federation (2014) Russia’s Regions Drivers of Growth: 4x4, http://www3.weforum.org/docs/GAC/2014/WEF_GAC_Russia_DriversGrowth_Report_2014.pdf

Copyright information

© Natalia Zubarevich 2015

Authors and Affiliations

  • Natalia Zubarevich

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