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Adapting regional strategies to the new non-resource export development target
[journal article]
Abstract
In the radically new economic conditions of 2020, the Government of the Russian Federation selected supporting non-resource and non-energy exports as one of the four factors of sustainable economic growth. Achieving this target is a challenge, but the absence of sufficient conditions for a systemic ... view more
In the radically new economic conditions of 2020, the Government of the Russian Federation selected supporting non-resource and non-energy exports as one of the four factors of sustainable economic growth. Achieving this target is a challenge, but the absence of sufficient conditions for a systemic diversification of Russian exports also poses a substantial problem. This situation lends urgency to developing a methodology for the normative institutional reflection of non-resource non-energy targets in regional legislative acts. This article aims to improve the methods for embedding non-resource non-energy export targets in regional strategies (the targets are expected to serve as an institutional factor prompting economic diversification). This research is exploratory; methodologically, it stands out for using qualitative and quantitative content analysis with elements of computer-assisted frequency analysis of legislative acts and regulations. The study classifies, for the first time, the non-resource non-energy export targets, contributing to the regional export strategy theory. Analysis of strategies for socio-economic development confirmed the hypothesis that, in some north-western Russian regions, the priorities and targets of non-resource non-energy exports are at odds with federal law. The practical implication of this study is recommendations on adapting strategies for regional socio-economic development to the updated non-resource non-energy export targets.... view less
Keywords
Russia; economic growth; export trade and industry; economic policy; regional factors; socioeconomic development
Classification
Economic Policy
Free Keywords
export promotion; regional export programme; resource dependence; diversification; text analysis; content analysis
Document language
English
Publication Year
2022
Page/Pages
p. 34-55
Journal
Baltic Region, 14 (2022) 1
DOI
https://doi.org/10.5922/2079-8555-2022-1-3
ISSN
2310-0524
Status
Published Version; peer reviewed