The South Of Russia: The Main Vectors Of Modern Socio-Economic Dynamics

Abstract

The article examines the main directions of socio-economic development of the southern macroregion of Russia at the beginning of the XXI century. It is concluded that at present it remains mainly an administrative entity, within which two economically semi–autonomous subregions are distinguished - the Azov-Black Sea and the Volga-Caspian. The first is based on the two most powerful regional economies of the South of Russia (Krasnodar Territory and Rostov Region), concentrating more than 2/3 of the gross product of the macroregion. The dynamics of the socio-economic complexes of the southern Russian regions is determined by a complex correlation of many factors, including the influence of the federal center, the management practices of regional authorities; the activities of local, national, and international business; demographic and socio-economic processes of various taxonomic formats (metropolization, interregional migration, the flow of the labor-active population into the service sector). In the last 20–25 years, the South Russian regional economies have demonstrated the stability of the sectoral structure and the line of main specializations. This allows the entire southern macroregion to remain as the leading breadbasket of Russia, the epicenter of its tourist and recreational complex, the most important transport and logistics module in the international trade system.

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