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Focuses on regional inequalities regarding economic performance and quality of life in Russia from 1990 to the first years of 21st century. Theories of regional development suggested by various scholars; Comparison of results of tests for regional inequality according to a wide variety of standardized measures; Composite indices of regional inequality that provides a framework for explaining the different development trajectories of Russia's region.

Argues that there is no alternative to a continuation of self-reliance and autonomous power generation in the development of Sakhalin oil and gas in Russia. Examination of the fuel and energy complex of the Russian Far East; Lack of proper institutional restructuring of natural monopolists; Consequences of populist price controls for coal, fuel and energy.

Presents a critical assessment of the development of the Novgorod region in Russia in the 1990s. Practices employed by Novgorod Oblast Governor Mikhail Prusak to strengthen his political position within the region; Economic policies of the Regional Administration during and after the Russian financial crisis of August-September 1998.

Examines the relationship between the Republic of South Korea and Russia on a political and economic level, from 1992 to late 1997. Result of the establishment of diplomatic relations between Russia and South Korea in 1990; Historical information on the diplomatic relationship between the two countries; Details on the successes of the economic relationship between Russia and South Korea.