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Regional Economics: Theory and Practice
 

Analyzing the changes in the Chuvash Republic's budget in the context of the development strategy

Vol. 20, Iss. 10, OCTOBER 2022

Received: 5 May 2022

Received in revised form: 8 July 2022

Accepted: 27 August 2022

Available online: 14 October 2022

Subject Heading: SOCIOECONOMIC POLICY

JEL Classification: R10, R12, R13

Pages: 1859–1878

https://doi.org/10.24891/re.20.10.1859

Valerii V. SMIRNOV I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
v2v3s4@mail.ru

https://orcid.org/0000-0002-6198-3157

Subject. This article analyzes the economic situation of the Chuvash Republic.
Objectives. The article aims to identify the sectors of the economy of the Chuvash Republic that have the maximum potential for development.
Methods. For the study, I used the methods of statistical, neural network, and cluster analyses.
Results. The article finds that due to an integrated approach to digital transformation, the Chuvash Republic can become a center for the development of information and communication technologies.
Conclusions. The results of the study can be used when developing strategic planning documents at the regional level.

Keywords: budget, changes, region, strategy, scenario, management

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