ANALYSIS OF THE SUSTAINABILITY OF SOCIO-ECONOMIC DEVELOPMENT OF RUSSIAN REGIONS

Abstract

The success of developing and mastering the model of sustainable development largely depends on the ability to assess objectively the expected results for its implementation at the level of the subjects of theRussian Federation. The actuality of this issue stimulates the scientific research of the problems of ensuring the sustainable development of the economy of the regions, raises the interest of researchers to the issues of modernization of their socioeconomic systems, orientation towards self-development in the integrated economic space of the country. The article analyzes the dynamics of particular indicators and identifies the factors, which positively and negatively affect the sustainability of social and economic development. The paper proves the necessity to take into account the indicators, characterizing the budgetary system of the region since the problem of the creditworthiness the Russian regions’ budgets is relevant, and the deficit of the regional budget and the growth of the state debt negatively affect stability. The article provides the assessment of regional differentiation in terms of indicators of sustainable development and illustrates the boundaries of changes in particular indicators within the period of 2007—2016.