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Regulating regional foreign-economic activity: capacities and limitations

The paper identifies the basic customs charges and what role they could play as the tools for regulating of foreign trade by charge rates. The analysis of the foreign trade in the Siberian Federal District (SFD) over 2001-2007 as well as the review of the customs charges made in the SFD Directorate is presented. The paper considers the factors which impede the progress of the foreign trade in Siberia. The improvement priorities are proposed.

Semykina I. O. semykina.irina@gmail.com

Keywords: Siberia foreign economic activity Siberia foreign economic activity economy agricultural raw materials Siberia

Assessing socio-economic development in a constituent entity of the Russian Federation under new conditions

The paper analyses potential impacts of recessionary events on the dynamics of regional development. Our calculations have been made by applying an optimization forecasting model to the money flows observed in the Novosibirsk Oblast. We treated the recessionary impacts as follows: a reduction in regional financing by the federal government, devaluation of national currency, transformations of overdue repayment of debts on issued loans, and a reduction in capital projects financing. We show that it is the policy concerning the investment of construction projects - first of all, large ones - proved to be a key factor affecting the socio-economic development in a region.

Marshak V. D. v.d.marshak@mail.ru

Keywords: region economy region economy finance crisis dynamics money flows

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