Foreign Experience in Strategizing Accelerated Socio-Economic Development and Options for Its Application in Russia
Journal: Strategizing Theory and Practice
Year: 2024

Socio-economic development is a vital strategy for the Russian Federation. In the 33 years after the collapse of the Soviet Union, its gross domestic product (GDP) has increased by approximately 20 %. The average GDP in EU countries has increased by halve for the same period. The US GDP has doubled while some post-socialist European countries have demonstrated a 2.5-time increase, not to mention developing countries (3-5 times) and China (12.7 times). Between 2013 and 2022, Russia’s GDP per capi