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Regional Policy of a Subject of Federation: Problems of Its Elaboration and Implementation

The paper analyzes the approaches to choosing principles, forms, and methods of regional policy pursued by any RF subject and limits of the regional socio-economic development for the purposes of finding regional priorities and elaborating mechanisms of regional policy. A case-study for Novosibirsk oblast is presented to show the problems of how regional policy is set – what priorities of the economic development in the region are chosen and why new territorial-sectoral clusters should be built

Marshalova A. S. marnov@ieie.nsc/ru

Novoselov A. S. asnov@ieie.nsc.ru

Keywords: rates crisis regional economic policy

Assessing priorities of Siberian investment projects under incomplete Information

We offer the technique for assessing the economic effectiveness of regional investment projects. Novelty of the technique consists in fact that one can have such assessments only on the base of two indicators such as the investments required and sectoral belonging of projects. We also offer the economic effectiveness criteria which allow ordering the projects according to regional administrations' preferences within some packet of investment proposals. An example of calculations made on some real data is presented.

Koleda A. V. zaqzaqy@rambler.ru

Keywords: Siberia Siberia uncertainty investment project rates regional economic policy