Preferential Regimes in the Far Eastern Region as a Strategic Tool of the State in the Context of the “Turn to the East” | South-Russian Journal of Social Sciences
Preferential Regimes in the Far Eastern Region as a Strategic Tool of the State in the Context of the “Turn to the East”
Vol. 25 (2024) No. 3, Political Institutions and Processes
Vol. 25 (2024) No. 3
Political Institutions and Processes

Preferential Regimes in the Far Eastern Region as a Strategic Tool of the State in the Context of the “Turn to the East”

Shestakova M.N.
MGIMO University
ORCID ID 0000-0002-3171-1003
PDF (Russian)
https://doi.org/10.31429/26190567-25-3-6-24
https://doi.org/10.31429/26190567-25-3-6-24

How to Cite Array

Shestakova M.N. (2024) Preferential Regimes in the Far Eastern Region as a Strategic Tool of the State in the Context of the “Turn to the East”. South-Russian Journal of Social Sciences, 25 (3), pp. 6-24. DOI: 10.31429/26190567-25-3-6-24 (In Russian)
Submission Date 2024-07-15
Accepted Date 2024-08-26
Published Date 2024-09-30

Copyright (c) 2024 Марианна Николаевна Шестакова

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

The article analyses preferential regimes as a significant strategic instrument employed by the state for economic advancement and enhancing the investment appeal of the Far Eastern Federal District. Over the past decade, this region has served as a geopolitical outpost of the Russian Federation in accordance with its ‘turn to the East’ strategy. Preferential regimes in the form of free economic zones (FEZs) appeared in the Far East back in the 1990s and were among the first in post-­Soviet Russia. However, the efficacy of these regimes has not met expectations. After an extended break, the state resumed its attempts of establishing territories offering advantageous fiscal and investment climates. Nowadays, special economic zones are in operation in a number of regions within the Russian Federation. Nevertheless, preferential regimes play a special role in the Far Eastern Federal District, serving as pivotal reference points for ‘breakthrough’ economic and investment activity across the entire macro-­region and potentially the country as a whole. These include not only special economic zones (SEZs), but also advanced development territories (ADTs), the Free Port of Vladivostok (FPV), the Innovation Science and Technology Centre ‘Russkiy’ (ISTC ‘Russkiy’) and even the Arctic Zone of the Russian Federation. It is common practice for governments in many countries to implement preferential economic policies with the objective of stimulating economic growth in specific regions. Such policies produce varying effects. This article presents an analysis of the functioning of preferential regimes in the Far Eastern Federal District, with a particular focus on ASEZ.

Keywords

preferential regimes, territories of advanced development, the free port of Vladivostok, the Far Eastern Federal District, the concept of a “turn to the East”

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