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Regional Economics: Theory and Practice
 

A conceptual model of strategic management of the socio-economic development of a depressed region

Vol. 14, Iss. 9, SEPTEMBER 2016

PDF  Article PDF Version

Received: 20 April 2016

Received in revised form: 25 May 2016

Accepted: 16 June 2016

Available online: 19 September 2016

Subject Heading: REGIONAL STRATEGIC PLANNING

JEL Classification: Е27, Е60

Pages: 46-57

Balakina G.F. Tuvinian Institute for Exploration of Natural Resources of Siberian Branch of RAS, Kyzyl, Tyva Republic, Russian Federation
balakina.gal@yandex.ru

Subject The article analyzes the improvement of the strategic management of socio-economic development of the regions of the Russian Federation.
Objectives The paper aims to develop a conceptual model of strategic management of the depressed region's development, as well as define the difference between depressive region, as a crisis management system, and consistently developing region management methodologies.
Methods To study the stages of region development strategic management, their content, consistency, relationship with the major subsystems of the regions, I used a systems analysis.
Results I have identified the methodological differences of strategic management of depressive regions from the management of other regions. I present a conceptual model of strategic management and logical framework of socio-economic development strategy of the depressed region.
Conclusions and Relevance The features of depressive regions management are focusing the efforts on resolving the current problems at the expense of the promising ones, delays in the implementation of effective projects, reduced requirements for investors to increase investment in the region, the provision of social services in reduced volumes. The paper proposes the establishment of a system of specific institutions and instruments of targeted government support. The results of the study are of interest to specialists in Government, developers of strategies on socio-economic development of regions, researchers, teachers, post-graduate students and students of economic specialties of higher educational institutions.

Keywords: strategy, strategic management, depressed region, model, socio-economic development

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