The Silk Road Corridor: New Opportunities or Underdevelopment in Eastern Russia?

Abstract

ABSTRACT The municipal economies of the Republic of Buryatia reveal extremely low starting conditions for integration into the international division of labor. The republic has significant room to improve its economic opportunities. Measures are proposed at the local, regional, and federal levels to help the municipal economies of the federal subjects of Russia to become competitive and to integrate them into the trade and economic chains of the external market, including the Eurasian Economic Union and Great Silk Road.