The role of ethnic culture in social regulation of regional economies

Social regulation is considered as a soft way of influencing social actors, which presupposes an increase in the role of regional authorities. It has been recorded that using the potential of ethnic culture can be an effective strategy for regulating the economic development of a region. Using the example of the Tuvinian ethnoculture, the paper identifies its specific substantial components that have the potential to increase regional economic indicators. The negative consequences of using the Tuvinian ethnoculture, which are manifested in the value-ethical transofrmations of ethnic identity, are also recorded. It is concluded that in the region it is necessary to increase the prestige of applied ethnocultural education, intra-regional differentiation of the production of ethnic goods, support for a high quality standards of those components of ethnic culture that have already gained popularity in Russia and across the world.

Keywords: social regulation, ethnoculture, ethnoeconomics, interethnic community, regional economy, Tuva Republic.