Regional Differentiation of Industry Development in Modern Russia

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Abstract

The introduction of sanctions by the countries of the «collective West» in 2022 caused a crisis in the Russian economy. This affected the volume and structure of production not only at the national, but also at the regional level. The economies of different regions reacted differently to the sanction’s crisis. The article assesses the impact of the crisis challenges of 2022 on the industrial complexes of the Russian regions, identifies the factors that determined the strength and direction of this influence, indicates that their manifestation leads to differentiation in the development indicators of the industrial complexes of the regions.

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About the authors

Yulia V. Vertakova

Financial University under the Government of the Russian Federation, Kursk Branch

Author for correspondence.
Email: vertakova7@yandex.ru
SPIN-code: 8404-3017

Dr. Sci. (Econ.), Professor

Russian Federation, Kursk

Ruslan Kh. Ilyasov

Chechen State University named after A.A. Kadyrov

Email: ilyasov_95@mail.ru
SPIN-code: 7803-2120

Dr. Sci. (Econ.), Associate Professor; Professor

Russian Federation, Grozny

Vladimir A. Plotnikov

St. Petersburg State University of Economics; St. Petersburg University of Management Technologies and Economics

Email: plotnikov_2000@mail.ru
SPIN-code: 4075-8257

Dr. Sci. (Econ.), Professor

Russian Federation, St. Petersburg; St. Petersburg

References

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