Development of Regions In January-November 2019: Inertia Retains

Monitoring of Russia's Economic Outlook. Moscow. IEP. 2020. No. 2, pp 19-22.

4 Pages Posted: 7 Apr 2020

See all articles by Natalya Zubarevich

Natalya Zubarevich

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Social Analysis and Forecasting

Date Written: March 16, 2020

Abstract

The regions over January-November 2019 demonstrated stunted social and economic development. Except renewal in the residential construction sector following the recession the fastest rate of development was posted in the largest Moscow agglomeration. Amid the weak wage growth seen in the vast majority of the regions the low level of unemployment retains. The budgetary situation is favorable, however the revenues growth of the budgets of many regions in large measure is secured by the growth of transfers. The need to implement President’s Executive Orders was reflected in the outstripping growth of budgetary expenditure on national economy and provision of public amenities.

Keywords: Russian economy, regional economy

JEL Classification: R12, R13

Suggested Citation

Zubarevich, Natalya, Development of Regions In January-November 2019: Inertia Retains (March 16, 2020). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2020. No. 2, pp 19-22., Available at SSRN: https://ssrn.com/abstract=3554973 or http://dx.doi.org/10.2139/ssrn.3554973

Natalya Zubarevich (Contact Author)

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Institute of Social Analysis and Forecasting ( email )

Prechistenskaya naberezhnaya 11
Moscow, Moscow 119034
Russia

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