Tech, Smart Cities, and Regional Development in Contemporary Russia

Russia is one of the world's largest emerging economies. With economic development come technological revolution, growth, and change at every level of society. In Tech, Smart Cities, and Regional Development in Contemporary Russia, editor Bruno S. Sergi brings together expert contributors to explore, and explain, these changes. With chapters on FinTech, the cost of technological growth, and innovation risk management, the contributors grapple with ideas about technology and the intertwined issues that Russia faces in the 21st Century. It includes a wealth of information on today's Russian technological revolution, the overall roles of regional capitals and smart cities, and the role of Russian growth at the regional and international level. Looking across modern Russian development and growth strategies, constraints, and challenges, these chapters follow on from two volumes by the same editor: Exploring the Future of Russia's Economy and Markets: Towards Sustainable Economic Development (2018), and Modeling Economic Growth in Contemporary Russia (2019). Together, the trilogy is essential reading for students and researchers of contemporary international economics, Russian economic affairs, and emerging economies' development.

This book contains 11 chapters that examine aspects related to technology and economic development in contemporary Russia. Contributors working in economics and other areas mainly in Russia address socioeconomic development in Russia in the age of globalization and the context of technology; the importance of the implementation of innovative projects of technological growth through public-private partnerships; standard control of the material costs of production as a factor of the technical growth of manufacturing companies; the costs and profits of technological growth in Russia; how the role of the largest cities in Russia and the economy of the country changed during the social and economic transformations at the turn of the 20th and 21st centuries; and possibilities of economic growth in Russia from the perspective of the development of organizational capability, focusing on best managerial practices of multinational companies. Others discuss the need for the country to move toward a high-tech development model; modeling regional economic growth in the country; the experience of Russia's cities in the implementation of smart solutions; the determinants of economic growth for the newly formed countries of the former Soviet Union; and models of industrial, technology, and financial cooperation between Russia and the countries of the Asia-Pacific region.

Bruno S. Sergi teaches on emerging markets and the political economy of Russia and China at Harvard University; he is an Associate of the Davis Center for Russian and Eurasian Studies at Harvard, and he is the Series Editor of Cambridge Elements in the Economics of Emerging Markets. He is the author of Exploring the Future of Russia's Economy and Markets: Towards Sustainable Economic Development.