Abstract
Purpose: The purpose of the research is to determine the growth poles of modern Russia’s regional economy in the age of globalization and to develop recommendations for its further adaptation to the conditions of globalization. Methodology: For providing precise and strong scientific proofs of correctness or incorrectness of the offered working hypothesis regarding incompletion of the process of modern Russia’s regional economy’s adaptation to the conditions of globalization, the authors use the original theoretical and methodological platform—the concept of growth poles of economic growth. The method of regression analysis is used for determining the influence of economic activities in various spheres of modern Russia’s regional economy on its growth rate. This allows determining the growth poles of modern Russia’s regional economy. Results: As a result of the research, the working hypothesis is contradicted—it is determined that the processing and extracting industries and export of the products of the fuel and energy complex, which are traditionally acknowledged as the key directions of production specialization of modern Russia, are not growth poles of regional economy. Neither of the spheres in which production for internal consumption is conducted is the growth pole of the modern Russia’s regional economy, which emphasizes completion of the process of its adaptation to the conditions of globalization. As of 2018, the growth poles of modern Russia’s regional economy are export of food products and agricultural resources and gross added value that is created in the sphere of transport and communications. This shows successful implementation of the transit potential of the Russian economy. Recommendations: It is determined that potential of globalization in acceleration of growth rates of the modern Russia’s regional economy is not fully implemented. In particular, possibilities of development of trade, international tourism, and knowledge economy are not fully used. The authors’ recommendations are offered for development of e-commerce, hotel and restaurant services, and the educational service.
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Osipov, V.S., Belkina, E.N., Fonina, T.B., Agunovich, Y.A., Eremina, M.Y. (2020). Growth Poles of Regional Economy of Modern Russia in the Age of Globalization. In: Popkova, E. (eds) Growth Poles of the Global Economy: Emergence, Changes and Future Perspectives. Lecture Notes in Networks and Systems, vol 73. Springer, Cham. https://doi.org/10.1007/978-3-030-15160-7_25
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DOI: https://doi.org/10.1007/978-3-030-15160-7_25
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