Differentiation of Regions by Level of Financial Security of Reproductive Processes

Abstract

The article considers modern conditions of financial support of reproductive processes in the regions. Due to the high concentration of financial market infrastructure in the central and “raw” regions of the country and the hypertrophied development of the financial sector, the timely and full implementation of regional programs for social and economic development is complicated, which indicates a high differentiation of regions in terms of financial provision and development of financial infrastructure. Clustering of the aggregate of the regions of the Russian Federation on the basis of selected economic indicators having a significant range of the coefficient of variation has been carried out, and the need for the development of the regional infrastructure of the financial market is substantiated. The realized procedure of splitting non-uniform set of the Russian Federation regions on a number of economic signs indicates about growing interregional differentiation on the level of economic development, an essential gap between “economic poles” of the country, strengthening of social stratification and differentiation of standard of the population living.