Sustainability and economic security of territorial development in St. Petersburg

Saint-Petersburg state university of architecture and civil engineering, 190005, St. Petersburg, 2-ya Krasnoarmeiskaya St. 4, Russia

^* Corresponding author: e-tamara@mail.ru

Abstract

The research is devoted to improvement of the methodological tool for assessing the sustainability of the socio-economic territorial development in megalopolis based on the analysis of local budget expenditures for the development of social infrastructure and security. The purpose of the research is to determine the compliance of financial capabilities of the territory and the needs of the residents to for comfortable and safe urban environment. The paper uses methods for normalizing indicators by reducing the size scale to the dimensionless scale, comparative studies, and the results of sociological surveys. The author has calculated the coefficients of budget stability and security index for the St. Petersburg’ districts, and established the nature of the relationship between the factorial indicator of tax revenues and local budget expenditures to ensure the quality of life for residents. The proposed approach allows us to assess the efficiency of budget expenditures and compare the results of statistical data and sociological surveys on the level of development of social infrastructure and security in the metropolis. The results can be used to assess the effectiveness of local budget expenditures and programs for the sustainable development of St. Petersburg.