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

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

Archaeology · Asia pacific · China · East Asia · Economic geography · Economic transformation · Economics · Economy · Far East · Geography · Political science · Transformation (genetics · Global Political and Economic Relations