The impact of infrastructure projects on social-economic territorial development

DOI

10.2991/cssdre-19.2019.123How to use a DOI?

Keywords

infrastructure, infrastructure investment, infrastructure project, infrastructure industries, regional development

Abstract

The conduct of social-economic policy and the country’s economic efficiency are pre-determined by regional asymmetry. Thus, the ability of certain regions to compete in the international market using modern approaches to social-economic development defines the vector of intensive promotion of the Russian economy. The availability of decent infrastructure serves as a guarantee and a factor conducive to the betterment of territorial position. Therefore, with the objective of its update and full operation it is necessary to implement infrastructure projects whose specific nature is about excessive capital intensity, extensive payback periods, increased complexity and large scales (including territorial ones). The living standard of the population, the society’s technological and social conditions are determined by the implementation of infrastructure projects. The results of the analyzed study into authors’ opinions on the positive impact of infrastructure projects on social-economic territorial development are presented in the article. The assessment and identification of correlation between the development level of a regional infrastructure and a regional social-economic development is initially determined by a researcher’s subjective position arising from the regional development theory. The article touches upon the main investment issues in Russia’s infrastructure as a whole as well as in its regions. There has been presented the author’s approach to the system of economic indicators illustrating the economic effect of infrastructure investment. The elements of infrastructure, that influence social-economic territorial development and are promising, have been identified and substantiated by the author.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Vladimir Ivanov
PY  - 2019/06
DA  - 2019/06
TI  - The impact of infrastructure projects on social-economic territorial development
BT  - Proceedings of the Volgograd State University International Scientific Conference "Competitive, Sustainable and Safe Development of the Regional Economy" (CSSDRE 2019)
PB  - Atlantis Press
SP  - 637
EP  - 641
SN  - 2352-5428
UR  - https://doi.org/10.2991/cssdre-19.2019.123
DO  - 10.2991/cssdre-19.2019.123
ID  - Ivanov2019/06
ER  -