In this work, we show the formation and development of socio-economic studies in the northern periphery. The authors reflect the role of economic science and regional management in the development of territories with difficult natural conditions. During the time of capitalist colonization, socialist planned economy, revolutionary reform and the formation of market relations, scientific recommendations, regarding the forms of organizing production and improving the economic mechanism by the authorities, as a rule, were not received properly and on time. Nevertheless, as shown in the article, all scientific concepts and theories, despite a delay, somehow influenced (and are influencing) vital activity of the population from distant regions, but especially it influences the theory of initial capital accumulation, socialist accumulation, mobilization economy, regional organization of productive forces, economic federalism, a variety of forms of ownership and mixed economy, territorial management. Science forms the theoretical basis for objectively determined social transformations, which serves as a reference point for the accelerated development of productive forces and the growth of people’s well-being. However, political activity often ends up in completely opposite positions, preferring to break existing economic relations to the detriment of public interests. On the other hand, the very socio-economic reality and various circumstances of life suggest the need to introduce new theoretical propositions into science, corresponding to the cyclical nature of the market economy, the diversity of its forms, and extreme political and economic situations. At the same time, the experience of the formation of economic relations in various regions is gaining significant importance that is recommended to consider in the entire problematics of research of the national and world economy
Keywords
the komi republic, economic thought, revolutionary reform, evolutionary preferences, the formation of economic theories, the practice of public administration, the northern periphery, the Komi Republic