THE IMPACT OF THE SANCTIONS POLICY OF WESTERN COUNTRIES ON THE SOCIO-ECONOMIC DEVELOPMENT OF RUSSIAN REGIONS

The relevance of the study of the impact of Western sanctions on the socio-economic development of Russian regions as an information basis for making managerial decisions to ensure the sustainable functioning and development of the Russian Federation in the short and medium term is substantiated. The most sensitive sanctions of Western countries for the development of the industrial sector of the economy of the Republic of Bashkortostan are highlighted, taking into account the structure of the economy of the republic with a predominance of oil production, oil refining industry and petrochemistry. A methodological approach to the rating assessment of the impact of the sanctions policy of Western countries on the level of socio-economic development of the regions of the Russian Federation for the 1st half of 2022, including a system of indicators of economic, social, financial and demographic development, has been developed and tested. The use of the proposed approach makes it possible to identify regions that have been able to adapt to the sanctions and use them to increase the level of socio-economic development in order to replicate their positive experience in other regions of Russia, as well as to identify the regions most affected by the sanctions to develop measures for their state support. The typologization of the regions of Russia according to their sensitivity to the sanctions of Western countries has been carried out, with the allocation of the most and least affected regions of the country by sanctions. The rating positions of the Republic of Bashkortostan on sensitivity to Western sanctions have been determined, highlighting the key problems that they may face in the medium term in the conditions of economic war carried out by countries of the world "unfriendly" to Russia in response to a special military operation in Ukraine. A set of measures is proposed aimed at smoothing the negative effects of the sanctions policy of Western countries, as well as the use of additional opportunities in terms of the development of the industrial sector of the economy of the Republic of Bashkortostan in the areas of import substitution, support for high-tech exports, reducing dependence on imported equipment and components, and promoting innovative development. The results of the study were reported at the XIV International scientific and practical conference: "Innovative technologies for managing the socio-economic development of the regions of Russia", October 20-21, 2022, ISEI UFIC RAS, Ufa. The article may be of interest to researchers dealing with the impact of the sanctions policy of Western countries on the socio-economic development of Russian regions, and territorial administration bodies responsible for making managerial decisions in the field of anti-sanctions policy.