Interregional cooperation between peripheral regions of the Northwestern Federal District: Problems and prospects

Abstract

Importance The article deals with the issues of interregional cooperation between the RF Northwestern Federal District regions. Objectives The paper aims to identify the problems and prospects of development of the interaction of peripheral regions with low population density focusing on the improvement of their socioeconomic development in the context of reduction of foreign trade activities. Methods For the study, I used the methods of generalization of research materials, evaluation, comparison, correlation analysis, and the content analysis. Results As a result of interregional cooperation estimation in target regions, I have revealed certain perspectives of such cooperation development and systematized them into 3 groups: improvement of management support; adaptation of federal and sub-federal legislation; intensification of economic cooperation in priority sectors of regional socioeconomic development. Conclusions and Relevance Interregional cooperation factor is underestimated in the strategic management of socioeconomic development of peripheral regions of the Northwestern Federal District. I offer certain recommendations on a number of economic, legal and institutional measures to enhance the interregional interaction in such regions aiming at improving their socioeconomic development. The research results can be used and implemented by the authorities in strategic management of regional socioeconomic development.