Socio-Economic Development of Magadan Oblast: Retrospective Analysis (1990-2018)
Retrospective analysis of social and economic development of Magadan Oblast from 1990 till 2018 was carried out. Trends in the main economic activities (mining, energy, fishery) have been identified; the dynamic peculiarities of key demographic indicators (population size and natural movement, migration) have been identified; the indicators of living standards (purchasing power of the per capita monetary income, life expectancy at birth, housing and food supply) have been analyzed. Possible directions of regional development are proposed: diversification of the natural resources sector, use of all opportunities to create additional conditions for exploring the resource potential of the territory, improvement of living standards for the population.