Russian regions’ formation and the problems of their balanced development under sanctions

Abstract

This article is devoted to the study of the effective development of Russian regions at a difficult stage of countering sanctions and their balanced development. The purpose of the study is to assess the real state of the Russian regions in five main areas in difficult conditions of re-equipment and reconfiguration of all economic and other processes for import substitution. To develop measures to stimulate the development of Russian regions in five sectors of the economy, a methodology for assessing diagnostics and comparing five sectors of the economy was used. The main indicators reflecting the level of development of Russian regions in various production areas based on their dynamics are determined. The factors that have a positive and negative impact on the effective development of Russian regions in recent years have been identified. The conducted research allowed us to formulate a general conclusion about the need to support industrial production at the state level for the effective development of such production.