Journal of Siberian Federal University. Humanities & Social Sciences: Influence of the Financial and Economic Crisis of the Years 2008-2009 on the Economy of Krasnoyarsk Region

Journal of Siberian Federal University. Humanities & Social Sciences / Influence of the Financial and Economic Crisis of the Years 2008-2009 on the Economy of Krasnoyarsk Region

Issue: Journal of Siberian Federal University. Humanities & Social Sciences. 2012 5 (10)
Authors: Alexandrov, Yuri L.; Demchenko, Olga S.
Contact information: Alexandrov, Yuri L. : Siberian Federal University Krasnoyarsk State Institute of Economics and Trade , 2 Lidii Prushinskoy Str., Krasnoyarsk, 660075 Russia; Demchenko, Olga S. : Siberian Federal University Krasnoyarsk State Institute of Economics and Trade , 2 Lidii Prushinskoy Str., Krasnoyarsk, 660075 Russia , e-mail:
Keywords: the economy of Krasnoyarsk region; macroeconomic dynamics; the world financial and economic crisis; structural changes; consumption of population
Abstract: The article considers the influence of the world financial and economic crisis on the Krasnoyarsk region macroeconomic dynamics and structural changes in consumption and maintaining households, and compares it with the Russian economy as a whole. Living standards of the local population are higher than the country average, but the crisis had a stronger effect on them. Despite this, the economy of the region remains more stable. The State government bodies should not allow excessive growth of the marginal propensity to consume and let the destabilization of the macroeconomic dynamics. At the same time, it is necessary to take time-effective measures aimed at diversification and overcoming the export focus on raw materials.
Pages: 1377-1384
Paper at repository of SibFU: https://elib.sfu-kras.ru/handle/2311/3066