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Economic Analysis: Theory and Practice

Threats to Economic Security in Constituent Entities of the Ural Federal District

Vol. 16, Iss. 9, SEPTEMBER 2017

PDF  Article PDF Version

Received: 19 April 2017

Received in revised form: 28 June 2017

Accepted: 18 August 2017

Available online: 29 September 2017


JEL Classification: P51, R12

Pages: 1616–1634


Pecherkina M.S. Institute of Economics, Ural Branch of Russian Academy of Sciences, Yekaterinburg, Russian Federation

Nikulina N.L. Institute of Economics, Ural Branch of Russian Academy of Sciences, Yekaterinburg, Russian Federation

Importance The article deals with designing an algorithm to investigate threats to economic security of regions, subject to revealing manifestations of crisis.
Objectives The aim is to identify the areas of threat to regional economic security with due regard to crisis phases.
Methods We offer indicators of threats to the region's economic security using the method of indicative analysis. To quantify the threats, we apply the index method of statistical analysis through a comparison with the average level across Russia. We present threat zones from the perspective of signs of crisis identification. The constituent entities of the Ural Federal District are ranked by the designated zones and stages of crisis.
Results The paper provides the results of calculations on threats to seven areas of economic security (demographic, production, investment, scientific and innovative, financial security with regard to budget, living standards, and the labor market) for regions of the Ural Federal District for 2000–2015, taking into consideration crisis symptoms.
Conclusions and Relevance We identify problem spheres in economic security of subjects of the Ural Federal District. Ranking of indicators by threat level zones helps prioritize the threats and develop required measures to minimize their negative impact on regional development.

Keywords: threat, economic security, region, crisis, downturn, regional risk


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