‘Eastern State Socio-Economic Policy': Mission (Not) Possible?

Abstract

The interim results of the implementation of the new economic policy in relation to the Russian Far East are considered. A comparison is made of the macroeconomic and social results of the functioning of the Far Eastern economy during the period of implementation of the policy region (2015–2020) with the results recorded in the previous period of 2010–2014. The paper analyzes the report of the Ministry of Economic Development of the Far East and the Arctic of the Russian Federation on the results of the economic and social development of the region in 2020, which assesses the effectiveness of the new economic policy. An assessment of the ministry’s conclusions on achieving goals for the two main blocks of state policy implementation is offered – the formation of a stable trend of outstripping economic growth and the consolidation of the population in the region. It is shown that, within the framework of both blocks, no stable trends have been formed so far, corresponding to the quantitative parameters of the state priority in relation to the Far Eastern macroregion

Keywords

• economic policy
• advanced development
• population
• growth rates
• investments
• personal income
• far east of russia