INDICATION OF THE REGION ECONOMIC SECURITY IN THE CONDITIONS OF GEO-ECONOMIC TURBULENCE (BY THE EXAMPLE OF THE ROSTOV REGION AND THE REPUBLIC OF TATARSTAN)

Authors

  • Irina Malganova
  • Alexandr Druzhinin
  • Vasilisa Gorochnaya
  • Mikhail Panasyuk

DOI:

https://doi.org/10.32461/2226-3209.1.2018.178165

Abstract

Abstract. The paper reviews the main conceptual and methodological problems of determining the economic security of a region arising from the intensification of geo-economic processes, the increasing complexity and deepening of the territorial division of labor, the overall increase in the risk of external and internal environment of regional entities. The authors put forward the economic security concept as a set of adaptive properties of a regional economy, determining its ability to maintain the stability of the oscillatory mechanism of the regional reproduction cycle and progressive development in a dynamic reality, taking into account the non-linear cause-effect relationships of emerging opportunities and threats, as well as the inevitable lag effects of institutional structures. A detailed system of economic security indicators
is presented. The proposed methodological approach was tested on the information and empirical basis of the two leading (by economic parameters) regions of Russia - the Republic of Tatarstan and the Rostov Region. It is shown that the economy of these regions (since 2014, experiencing significant geo-economic turbulence) shows a high potential not only for adaptation, but also for the mobilization of domestic growth resources that provide a secondary positive multiplicative effect.
Keywords: economic security, regional economy, region, geo-economic turbulence

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