Economic Situation in the Far Eastern Federal District in 2013

Abstract

On the basis of the official statistics for 2013 the authors analyzed and evaluated the tendencies of socio-economic development of the Far Eastern Federal District (FEFD). The paper considers the economic situation in the FEFD in comparison with the all-Russian trends: conditions in the sphere of production of goods and services, social sphere and the sphere of external economic cooperation. The study shows that the FEFD had an economic slowdown in 2013 (including comparison with the Russian-average trends). It also can be characterized with the continuing decline of investments, significant decrease of foreign investments, slowing growth rates in wages, unemployment reduction against the slowdown and increasing volume of exports of extractive industries

Keywords

• GRP
• monitoring
• stagnation
• migration
• inflation
• finance
• income of population
• foreign investment
• foreign trade
• Far Eastern Federal District