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Regional Economics: Theory and Practice
 

Regional economy of Donbass: Integration and development of industry, trade, and services

Vol. 21, Iss. 8, AUGUST 2023

PDF  Article PDF Version

Received: 27 June 2023

Received in revised form: 14 July 2023

Accepted: 23 July 2023

Available online: 15 August 2023

Subject Heading: REGIONAL STRATEGIC PLANNING

JEL Classification: F15, P47, R58

Pages: 14341457

https://doi.org/10.24891/re.21.8.1434

Raisa I. BALASHOVA Economic Research Institute, Donetsk, Russian Federation
raysabalashova@yandex.ru

https://orcid.org/0000-0001-5688-7032

Irina V. GRECHINA Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovsky, Donetsk, Russian Federation
grechinaira2@mail.ru

https://orcid.org/0000-0001-7716-3930

Valentina D. MALYGINA Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovsky, Donetsk, Russian Federation
mvd-51@mail.ru

https://orcid.org/0000-0001-5422-4657

Vadim Yu. BALASHOV Ministry of Finance of the Donetsk People's Republic, Donetsk, Russian Federation
balashov.vadim.2019@gmail.com

https://orcid.org/0000-0001-7384-5918

Subject. The article addresses problems of integration of the Donetsk region into the economy of the Russian Federation.
Objectives. The focus is on the analysis of the dynamics and structure of industrial production, development of the service sector in the Donetsk People's Republic, determination of industry specialization of Donbass.
Methods. The study employs economic and statistical research methods.
Results. The findings enable to state that Donbass retains the status of an industrial territory.
Conclusions. It is crucial to increase the activity of financial, innovative, industrial, trade, and other sectors of the economy of Donbass. This will accelerate its integration into the economic space of the Russian Federation.

Keywords: Donetsk People's Republic, economic integration, planning and forecasting, industries and spheres of activity

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