Abstract
Globalization is accompanied by another worldwide process: that of the regionalization of social, political and economic life. Russia is no exception. In a federation as large and diverse as Russia, however, the policies of the regional and local governments play a crucial role in determining outcomes. On one hand, the focus of the inter-budget relations reform is shifted to regions, while on the other hand, regions compete for investments that require investor-friendly environments.
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Oding, N. (2004). The Role of Russian Regions in Economic Modernization and Opening up: Evidence from St. Petersburg and other Regions. In: Gavrilenkov, E., Welfens, P.J.J., Wiegert, R. (eds) Economic Opening Up and Growth in Russia. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-24729-6_20
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DOI: https://doi.org/10.1007/978-3-540-24729-6_20
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