Indicating the Impact of Changes in the Global Markets Environment on Russian Regional Processes
Indicating the Impact of Changes in the Global Markets Environment on Russian Regional Processes

Summary/Abstract: The article considers issues related to taking into account the impact of tendencies of the global economy on the development of regional processes. It considers the nature of the dependence of the modern national economy on the environment of the global markets of raw resources sale. It reveals the inhomogeneity of regional processes reaction on changes of the global environment indicators. It offers the transmission mechanism of the impact of the global markets environment changes on regional processes. The analysis of indicators of the global economy allowed to form a system of basic indicators whose change identifies key global trends. The authors offered a methodic approach to estimating the reaction of regional processes on changes of the global environment based on the economic cycles’ concept. Methodological tools of the research include cards of time lags. They allow to define the time lag of some regional processes reaction delay to changes of the global economy; the model of comprehensive estimation of the impact of global indicators on the regional process; and a matrix of differentiating reactions of regional processes on the change of the global environment according to the closeness of the interrelation and delay lags. The article offers a principle scheme of forming recommendations on managing regional processes based on the analysis of the dynamics of global markets. The methodological tools were tested through the example of the regional process “Change of the level of consumer prices” in 83 subjects of the Russian Federation. The subjects of the Russian Federation were classified according to two criteria: speed and power of the reaction of the level of consumer prices on the change of the global markets environment. According to the research results, practical recommendations have been formed. They enable state government to take preventive management decisions.

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