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This assessment reveals the impact of government programs on investment activity and economic diversification in Magadan Region.
This article presents a comprehensive analysis of the contribution of Magadan Region’s economy to the sustainable development of the national economy of the Russian Federation. The study considers key economic indicators including gross regional product dynamics, mineral extraction, tax revenues, and investment activity over recent years. The impact of government programs, particularly the establishment of advanced development territories, on enhancing the region's economic potential is analyzed. Focus is placed on prospects for economic diversification and improving social stability. The findings highlight the importance of Magadan Region in supporting Russia's sustainable economic growth and identify key directions for future development.
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Arno et al. (2025) studied this question.
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