Modern trends in the development of Russian regions under the conditions of international integration

Abstract

The article analyzes the development trends of Russian regions taking into account the intensification of foreign trade activities at the regional level, determines the foreign investment behaviour in the Russian regions, and finally, defines problems caused by the weakening of interregional relations and the low fiscal capacity of the regions. Based on a comparison of statistical key figures of the federal districts, this article highlights the existing regional imbalances caused by the delay of most federal districts in relation to the Central Federal District, and also evaluates the implementation of foreign investments in certain selected Russian regions.

Keywords

• russian federation
• region
• foreign trade activity
• federal district
• foreign investment
• interregional relations
• economic integration