Trends and Prospects of Development of the Special Economic Zone in the Kaliningrad Region
The scientific article is an analysis of trends and prospects for the development of a Special Economic Zone (SEZ) in the Kaliningrad region. The research is based on current statistical data and sources, as well as a theoretical and methodological review of the principles and approaches to the use...
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| Format: | Article |
| Language: | English |
| Published: |
Russian Academy of Sciences, Institute of Europe
2024-10-01
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| Series: | Современная Европа |
| Subjects: | |
| Online Access: | http://www.sov-europe.ru/images/pdf/2024/5-2024/Zhukovsky-5-24.pdf |
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| Summary: | The scientific article is an analysis of trends and prospects for the development of a Special Economic Zone (SEZ) in the Kaliningrad region. The research is based on current statistical data and sources, as well as a theoretical and methodological review of the principles and approaches to the use of SEZs in both foreign and domestic practice. The article analyzes in detail the key factors influencing the development of the SEZ, including the geographical location of the region, the investment climate, industry specialization and international economic relations. The dynamics of investments in fixed assets of the Kaliningrad region is presented, as well as the justification that an effective investment policy in the region contributed to the growth of gross regional output, significantly exceeding the growth rate of Russia's GDP. The preferences provided to SEZ resident companies in the Kaliningrad region are systematized. The dynamics of the SEZ development is analyzed, and an assessment of the effectiveness of its activities as a whole is given. It was found that during the study period there was a constant increase in key indicators, which indicates the positive impact of the SEZ on the economic development of the region. The article highlights the specific problems faced by the development of the SEZ in the medium term, such as geopolitical risks, a shortage of highly qualified labor and the need to modernize infrastructure. Special attention is paid to the prospects for the development of the SEZ in the context of the changing economic situation and the challenges associated with international sanctions and economic restrictions. The results of the study represent a significant contribution to the development of SEZ development strategies in the Kaliningrad region, as well as to decision-making in the field of economic policy. The conclusions are important for the formation of effective measures and mechanisms that contribute to the sustainable and innovative development of the regional economy, as well as to overcome current challenges and use the opportunities provided for long-term growth. |
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| ISSN: | 0201-7083 |