Regional Economic Development in the Bashkir Autonomous Republic: Liberty as Growth

Authors

H. Shane Hansen, Brigham Young University
Dr. Phillip J. Bryson, Brigham Young University

Keywords

regional economic development, Bashkir Autonomous Republic, Russian Federation

College

Marriott School of Management

Department

Management

Abstract

A look at the economic development in the Bashkir Autonomous Republic of the Russian Federation provides an extremely interesting example of Russia’s transformation to a marketbased economy. While the Republic of Bashkortostan has accomplished great strides economically in modernization and exploiting natural resources since 1991, there remains ample room for improvement. Due to strong republic-wide nationalism, Soviet-style mentalities, weak judicial precedence, and limited foreign investment, the rate of economic development in Bashkortostan proceeds rather slowly. Each of the aforementioned factors has a detrimental affect on the overall liberty of the average citizen. Increasing the liberty of the people in the Bashkir Autonomous Republic would accelerate the economic development immensely.

Recommended Citation

Hansen, H. Shane and Bryson, Dr. Phillip J. (2013) "Regional Economic Development in the Bashkir Autonomous Republic: Liberty as Growth," Journal of Undergraduate Research: Vol. 2013: Iss. 1, Article 2462.
Available at: https://scholarsarchive.byu.edu/jur/vol2013/iss1/2462