Methodological Framework for Assessing the Territories of Advanced Social and Economic Development Performance as a Tool for Russian Regions' Sustainable Growth

Abstract

The authors consider the Territories of Advanced Social and Economic Development (TADs) as a tool for sustainable growth of Russian regions, identified key principles for the establishment and operation of TADs, and highlighted their features, the main differences from special economic zones (SEZ). As the audit of the Russian Accounts Chamber showed, in modern conditions the issues of organizing the assessment and monitoring of the effectiveness of the TADs creation and operation are of particular relevance. The article substantiates the need to transform the existing system of planning and monitoring the TADs socio -economic effectiveness and efficiency. The authors proposed a methodological framework for assessing the performance of TADs, including the calculation and analysis of the dynamics of indicators of economic and social efficiency. The author's method of the assessing the TADs performance is supplemented by monitoring changes in the TADs performance depending on changes in the result index and the dynamics of economic efficiency indicators. The methodology for evaluating the TADs management company effectiveness should be an integrated element of the methodology for assessing the performance of territories and represent an important stage in the continuous process of ensuring a high level of the TADs economic and social efficiency, allowing regions to increase production potential and, subsequently, show sustainable development results, smoothing the Russian territorial development disproportions.