Economic Policy in 2004: In Search of a Model of Growth Consolidation

Abstract

In 1991, when Russia opened again, the world became a global world, where the regions organised by metropolises turned into global economic players. According to the newest research, a metropolis is an urban centre of not less than a million of inhabitants, concentrating upper service and control functions, disseminating prosperity to its hinterland and acting as "commutator" with the world economy. Empirical evidence shows that the existence of one or a few metropolises is the important condition of the wealth and competitiveness of countries. The paper investigates the question whether the overcentralised and non-metropolised post-Soviet economic space could become a mighty global economic player. The transformation of some Russian big cities besides Moscow into real metropolises is required in that respect.