The Impact of Demographic Factors on the Labor Potential of the Far East Regions

Abstract

The subject of the research is the population decline and, as a result, a drop in the labor potential in the Far East. The relevance of the problems under study is due, firstly, to the low population density in this area, secondly, negative values of the natural movement of the population, thirdly, migration of working-age people to other regions, fourthly, relatively low indicators of standards and quality of life of citizens living in the Far East. Together, the negative factors identified in the area carry a geopolitical threat and impede the desired strategic socio-economic development of Russia. The purpose of the paper was to reveal the factors contributing to the growth of the labor potential in the Far Eastern Federal District based on an analysis of ongoing processes and existing regularities of critical interrelationships. The study is based on the analysis of changes in the population of the Far East regions, migration growth/decline indicators, life expectancy factors in the gender context, trends in loss/growth of budget incomes per capita as well as the per capita cash income. An integrated approach to increasing the labor potential of the population in the regions of the Far Eastern Federal District is proposed based on the analysis of the interrelationships of demographic, cultural, economic and social processes taking into account the concepts of self-protective behavior, human capital, and social clusterism. It is concluded that this approach can be used by government agencies in the implementation of the plan of the long-term socio-economic development of the Far East.