Transformation of the economy of Russian regions in 2020-2022 and opportunities for socio-economic development of Donbass as part of Russia

Abstract

Subject/topic. The article is devoted to the processes of transformation of the economy of Russian regions, including the possibilities of socio-economic development of the territories that became part of the Russian Federation in 2022. The subject of the study is the main socio-economic indicators of the regions of the Russian Federation. Goals/objectives. Based on the analysis of the main socio-economic indicators of the constituent entities of the Russian Federation, to identify current trends in the development of the economy of the country and regions, as well as to determine promising opportunities for social and economic development and economic integration of new territories into a single economic system of the Russian Federation. Methodology. The methodological basis of the article was formed by such methods as analysis, deduction, as well as event, expert and statistical analysis. Results. The article analyzes the key socio-economic indicators of the subjects of the Russian Federation. Based on an expert analysis of the identified trends in socio-economic processes for the period from 2020 to 2022. and relevant scientific publications, the authors have identified the main directions of the transformation of the economy of Russian regions and formulated promising opportunities for the socio-economic development of the territories of Donbass as part of the Russian Federation. Conclusions/relevance. The novelty consists in conducting a comprehensive analysis of the socio-economic trends of the constituent entities of the Russian Federation in recent years and determining the actual opportunities for integration and development of new territories. As a result of the study, the main opportunities and limitations for the development of the territories of Donbass as part of Russia were formulated, taking into account the socio-economic processes within the country and possible changes in the geopolitical situation. Application. The results of the study can be applied in practice when making managerial decisions by officials of public authorities on the implementation of economic policy.