Rostov Oblast

Transformations during the Economic Crisis

Author(s): Maksim Vaskov
Editor(s): Matthias Neumann, Robert Orttung, Jeronim Perovic, Heiko Pleines, Hans-Henning Schröder
Series: Russian Analytical Digest (RAD)
Issue: 57
Pages: 6-8
Publisher(s): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen
Publication Year: 2009

Rostov Oblast had been relatively successful over the previous decade, but now is facing economic challenges as a result of the global economic crisis. Unfortunately, the Rostov regional and local leadership lacks adequately trained personnel to address the problem; policies adopted so far focus on saving large enterprises rather than developing the region over the long term. The economic crisis is unlikely to provoke political instability since there is little organized opposition and the various groups affected by the crisis - such as members of the middle class who lost their jobs and marginalized Communist Party backers - are unlikely to join ranks against the incumbent leaders.

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