LEVERAGING COMPARATIVE ADVANTAGES VS. BROAD-BASED REGIONAL DEVELOPMENT STRATEGIES

LEVERAGING COMPARATIVE ADVANTAGES VS. BROAD-BASED REGIONAL DEVELOPMENT STRATEGIES

16 June, 10:15–11:30

The most commonly used models in implementing Russian regional development strategies are either the creation of a single industry scenario or a commitment to a diversified model. Each model has its pros and cons, and several regions have achieved impressive results utilizing each approach. What should be the precursors and how much emphasis should there be on comparative advantages when deciding which strategy to deploy? What is the right balance between integrated development and narrow specialization in Russian regional growth?



















Broadcast

Key moments

Our target is the diversification of economy. [...] Today we in the Tula region see the defense industry as a locomotive, and yet we understand that this cannot last forever. We put problem-hit companies into the production chain of our leading businesses.
Alexey Dumin
High-speed service is an opportunity to use and create innovative projects related to higher speed, higher energy intensity, new materials, and new research.
Alexander Misharin