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Article

Transformation of Social and Economic Model in Asia-Pacific Region and its Implications for Russia’s Turn to the East

Journal of Siberian Federal University. 2016. No. 9. P. 2552-2564.

Starting from 2012, the “turn to the East” in Russian internal and foreign policy has taken place. This turn supposes strengthening of economic and political relations with Asian states along with the rapid development of eastern territories and their conversion into the trigger of the country’s economic development. In order to succeed in accomplishing the “turn”, the better understanding of economic and political processes in the Asia-Pacific region (APR) is required. This article focuses on the transformation of the economic model undergone by Asian Pacific economies in the recent years. Such transformation is of high importance for Russia, since it defines the way in which the development of Russian eastern territories should change to fully satisfy the demands of Russian partners in Asia. Russia could become a major producer of resource-intensive goods in the APR. To do so, modern trans-border infrastructure, which would connect Russian producers with the potential markets, is to be built. Apart from that, given the shift of the “core” of economic growth in the APR to the western direction, the model of rapid development, applied in the Far East, ought to be extended to Siberia. In addition, the enhanced coordination in the development policies of these two regions is critical