THE EASTERN VECTOR OF RUSSIAN ECONOMY — SUCCESS BASED ON THE SYNERGY OF INTERACTION AND INTERREGIONAL COOPERATION

Abstract

The paper elaborates on the problems of territorial development of the East Russia’s economy in terms of a rational regulation policy on behalf of the state. Dependence on purely market forces often fails as this overlooks strategic development priorities. There is a need for a new model of development, which presumes stimulation of the internal demand through localization of supplies for projects and value-added chains. The concept of ‘major investment impulse’ involves main pilot projects capable of accelerating the region’s development.

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