
Regional Resilience: Theoretical Basics of the Question
Publication year - 2018
Publication title -
èkonomičeskaâ politika
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.331
H-Index - 8
eISSN - 2411-2658
pISSN - 1994-5124
DOI - 10.18288/1994-5124-2018-6-164-187
Subject(s) - recession , interpretation (philosophy) , economic system , resilience (materials science) , obstacle , shock (circulatory) , psychological resilience , process (computing) , economics , field (mathematics) , adaptation (eye) , economic geography , political science , macroeconomics , computer science , medicine , psychology , physics , operating system , mathematics , optics , pure mathematics , law , psychotherapist , programming language , thermodynamics
The article explains the necessity to adapt the theory of regional resilience in Russia’sdomestic science, considering the existing Western concepts, and determines the prerequisites for the formation of the theory of resilience of regional economic systemsin Russian science. The definitions of the concept of “resilience” from different fieldsof knowledge and their interpretation in the field of regional economy and economicgeography are given. The conceptual bases of evolutionary accounting of regional economic stability and adaptation are also considered, and the basic properties and factors influencing regional stability are determined. The notion of “resilience” is very important for understanding the process and models of uneven regional development, but the critically broad interpretation of this concept is a significant obstacle in building theoretical foundations and developing appropriate public policy measures. The authorsidentify the main factors affecting the resilience of the regional economic system: theability of the region’s economy to adapt to changing economic conditions and to overcome crisis recessions; the availability of modern infrastructure, skilled personnel and business entities; a diversified economy; a strong system of innovation and research; a stable financial system; demographic trends; regional policy etc. The authors conclude that there is no single equilibrium state of the economy: crisis and shock situations shift the economy from its equilibrium path, after which it either restores its former growth path, or goes to the underlying trajectory or to an improved path of growth.