REGIONAL STRATEGY DEVELOPMENT AND IMPLEMENTATION: KEY STAGES AND PRIORITIES

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Anna S. Khvorostyanaya1, Vladimir L. Kvint2

1,2Lomonosov Moscow State University, Moscow, Russia

1Khvorostyanayaas@gmail.com, ORCID 0000-0003-4421-3705

2ORCID 0000-0002-0629-7189

Abstract. Regional strategies define long-term development priorities for territorial units. They make it possible to identify existing competitive advantages—natural, labor, intellectual, material, intangible, financial, and other resources — and to direct them toward achieving strategic objectives. Building sustainable competitive advantages requires well-defined methodological approaches that ensure the efficient use of limited resources and promote accelerated economic growth. This study develops the theoretical and practical foundations of understanding the role of strategy in securing the long-term socio-economic prosperity of regions. Its primary objective is to systematize the stages of developing and implementing regional strategies, drawing on the methodology of the Russian school of strategizing. Alongside methods  of analysis, synthesis, comparison, and generalization, the research applies the theoretical framework of Academician  V. L. Kvint. The article presents and details the stages of regional strategy development and implementation, illustrated  by the successful experience of creating and executing the Strategy for Socio-Economic Development of the Kemerovo Region –Kuzbass (Siberian Federal District, Russian Federation) for the period up to 2035 and beyond. The findings highlight the role of strategy in balancing the interests of diverse regional stakeholders, thereby reinforcing its value as a tool for long-term development across Russian regions, including the Arctic. The novelty of this study lies in its in-depth examination of the practice of implementing regional strategies. The results provide a foundation for both applied research in regional strategic development and for uniting actors across the national economy to achieve greater economic and social efficiency. A promising direction for further research is the evaluation of the economic and social effectiveness of regional strategy implementation, particularly in the Arctic, which remains a key priority area for economic growth.

Keywords: strategy, region, strategic priority, regional competitive advantage, Arctic strategy

Acknowledgments: This research was supported by the Lomonosov Moscow State University Development Program implemented at the Interdisciplinary School for Research and Education “Mathematical Methods for the Analysis  of Complex Systems”, project No. 24-Sh 05-06.

For citation: Khvorostyanaya A. S., Kvint V. L. Regional strategy development and implementation: Key stages and priorities. Sever i rynok: formirovanie ekonomicheskogo poryadka [The North and the Market: Forming the Economic Order], 2025, no. 3, pp. 25–34. doi:10.37614/2220-802X.3.2025.89.002.

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