Spatial development of modern Russia in the conditions of the “new reality”

The aim of the study is to provide the reader with an insight into the transformation of Russia’s economic space under the conditions of “new reality/normality”. In this regard, the author summarizes theoretical and methodological approaches to understanding the term “economic space”, among which the territorial, resource, information, process, reproductive and institutional approaches are highlighted. Based on the thesis that changes in the contribution of production factors to the formation of wealth, the decline in economic rationality and the increase in the uncertainty factor lead to a significant transformation of economic space, the authors analyzed its properties and features of formation. The analysis of population density and the volume of gross regional product per unit area made it possible to draw a conclusion about the growing heterogeneity of economic space in the conditions of the “new reality”. There is a high digital divide between Russian territories and an increase in ESG inequality.