The economic security of the Volga Federal District regions

Abstract

This paper offers a study of economic security of the Volga Federal District based on the case study of economic security of the regions it comprises. Shows indicative system of region economic security containing twenty indicators grouped into four projections (economic, social, innovation, ecology). The document offers a method of monitoring the economic security indicators based on reducing the same to dimensionless form and comparing the resulting indices with the relevant threshold values. This method allows to analyze at the same time various aspects of economic security and conduct the comparative analysis of regions, using rated indicators. The use of difficult normalizing functions allowed to expand the dynamic range of results visualization and define economically viable «risk zones», removals of indicators reflecting the degree from their threshold values. For each indicator, the comparative analysis of regions of the Volga Federal District is provided. The tools offered in the article can be used for an assessment of economic security of regions and the federal districts of Russia.