3. Boris M. Grinchel’, Evgeniya A. Nazarova

Assessment of the Competitiveness and Sustainability of Socio-Economic Development of St. Petersburg in the Territorial Space of Russian Regions (2010–2015)

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Boris M. Grinchel’

Senior Researcher of the Institute of Problems of Regional Economy of the Russian Academy of Science (St. Petersburg Branch), Doctor of Economics, Professor

Serpukhovskaya Str. 38, St. Petersburg, Russian Federation, 190013

Evgeniya A. Nazarova

Research Associate of the Institute of Problems of Regional Economy of the Russian Academy of Science (St. Petersburg Branch), Ph.D. in Economics

Serpukhovskaya Str. 38, St. Petersburg, Russian Federation, 190013

This study examines the criteria and factors of assessment of the competitive appeal of Russian regions through the example of St. Petersburg. It is proposed to assess the dynamics and sustainability of the region’s socio-economic development over a period of several years on the basis of positive or negative changes in its ratings. To this end, the competitive appeal of Russian regions is calculatedaccording to individual and composite indexes relating to four factors: economy, innovations, human potential, and life quality. It is shown that the development of St. Petersburg in 2010–2015 was sustainable and had an upward tendency in terms of the region’s enhancing competitiveness despite the adverse external effect on the economy. Two groups of indexes that show an increase or decrease in the city’s competitive appeal are examined.
Aim. This study aims to propose and approbate one of the possible methods for the assessment of regional sustainability and competitiveness throug the example of St. Petersburg.
Tasks. This study proposes the criteria and factors of the region’s competitive appeal for consumers and a calculation method; applies the calculation method to the assessment of the socio-economic development of St. Petesburg in 2010–2015; identifies directions and indices that show the highest and lowest sustainability of socio-economic development of St. Petersburg over the period.
Methods. This study uses the method of multicriteria comparison of complex socio-economic systems based on criteria and indices that are the most relevant for development.
Results. The leading role of St. Petersburg among Russian regions is substantiated, sustainability of the economy and social processes in the regions in the context of adverse external economic and political effects is shown.

Keywords: competitive appeal, competitive appeal assessment, sustainability, economic factor, innovative factor, human potential factor, life quality factor

References

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