SOCIAL AND ECONOMIC DEVELOPMENT OF RUSSIA'S NORTHERN REGIONS: LESSONS, TRENDS AND DECISIONS

Some modern features of socio-economic development of Russia's northern regions have been highlighted by the authors in the article. The relevance of the carried out research has been determined by constancy of a fundamental problem consisting in a contradiction between strengthening of geopolitical, economic importance of northern regions of the Russian Federation and simultaneous aggravation of social and economic losses of these territories which are followed. It has been caused with the determining role of the North for Russia's national economy, growth of various kinds of socio-economic problems in recent years and progressive process of depopulation of these few populated areas. The article reveals contradictions in the development of Russia's northern territories at present stage. The difference in approaches of studying the problems of the North in foreign and Russian research has been shown. Development trends have been revealed. A number of main indicators of socio-economic development of regions completely or partially located in the North have been assessed. The specific weight of the northern regions in the All-Russian production of some types of industrial products has been presented. According to the results of the research, the directions of management have been proposed. It is possible to learn important lessons from the analysis of modern features of development of Northern territories. Comprehension of these lessons will help to solve the fundamental problem consisting in a contradiction between strengthening of geopolitical, economic values of Northern regions of the Russian Federation and simultaneous increase of social and economic losses of these territories (C) 2019 Published by Future Academy www.FutureAcademy.org.UK