Title: Models of economic growth of Russia's regions in the age of intellectual machines: technological breakthrough vs. stability and sustainability

Authors: Arsen S. Abdulkadyrov; Magomed Kh. Abidov; Stanislav Yu. Evdokimov; Viktor N. Kvasnitsky; Suren Khachaturian

Addresses: Research Institute of 'Management, Economics, Politics and Sociology' of Dagestan State University of National Economy, Makhachkala, Russia; Faculty of Oil, Gas and Environmental Engineering, Department of Oil and Gas Well Drilling, Dagestan State Technical University, Russian Federation ' Research Institute of 'Management, Economics, Politics and Sociology' of Dagestan State University of National Economy, Makhachkala, Russia ' Moscow Regional Branch of Russian Presidential Academy of National Economy and Public administration, Moscow, Russia ' Research Center for Informatics of the Russian Ministry of Foreign Affairs, Moscow, Russia ' Market Economy Institute of the Russian Academy of Sciences, Moscow, Russia

Abstract: This paper aims at determining the models of economic growth of Russia's regions in the age of intellectual machines from the positions of consequences of digitalisation in the form of technological breakthrough, stability, and sustainability. By the example of Russia's regions, we determine the models of regions' economic growth in the age of intellectual machines from the positions of opposition of technological breakthrough, stability, and sustainability. It is proved - based on the 2020 official statistics - that the leading and rapidly developing countries (rockets) implement a socio-oriented model, regions with large potential of development (racers) - externally-oriented model, and progressive regions with slow development (parachutists) - technology-oriented model. Contribution of the developed recommendations consists in systematisation of the models of region's economic growth in the age of intellectual machines and in the opportunity for application of the offered recommendations in the practice of Russia's regions.

Keywords: digital growth; regions of Russia; age of intellectual machines; technological breakthrough; stability; sustainability; economic policy.

DOI: 10.1504/IJEPEE.2024.139073

International Journal of Economic Policy in Emerging Economies, 2024 Vol.19 No.3/4, pp.322 - 332

Received: 29 Sep 2020
Accepted: 10 Jan 2021
Published online: 12 Jun 2024 *

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