Importance The article discusses the issues of assessing the development of the Far East. Objectives The paper aims to assess and substantiate the efficiency of tools for economic growth and minimize risks in the development of traditional forms of organization of regional economy and new models of spatial economics, using the Far Eastern Federal District as a case study. Methods For the study, we used statistical and expert analysis methods. Results We estimated the efficiency of tools for economic growth and minimizing risks in the development of traditional forms of organization of regional economy and new models of spatial economics. Conclusions and Relevance We conclude that the development of such a form as a territory of priority development in the Far Eastern Federal District poses a number of risks that reduce the balance and sustainability of the regional and local budgets. We offer certain proposals to address the risks.
Keywords: spatial economics, territory of priority development, special economic zones, industrial parks, industrial policy, territorial and sectoral planning
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