The Economy of the Arctic in the Modern Coordinate System
The article provides an overview of the modern Arctic economy. It demonstrates that in the sectors of the economy that are associated with the development of natural resources (primarily mineral resources) and that emphasize return on investment, there is a growing role of new knowledge and technolo...
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Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)
2021
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oai:doaj.org-article:a0ab00b7503c44d29425fa5397a6603d2021-11-07T14:45:05ZThe Economy of the Arctic in the Modern Coordinate System2542-02402587-9324https://doaj.org/article/a0ab00b7503c44d29425fa5397a6603d2021-07-01T00:00:00Zhttps://www.ogt-journal.com/jour/article/view/809https://doaj.org/toc/2542-0240https://doaj.org/toc/2587-9324The article provides an overview of the modern Arctic economy. It demonstrates that in the sectors of the economy that are associated with the development of natural resources (primarily mineral resources) and that emphasize return on investment, there is a growing role of new knowledge and technologies, and a significant increase in the role and importance of various forms of cooperation between the parties involved in regional projects. This approach helps solve the problem of attracting investment for high-risk, high-yield projects – however, the implementation of these ‘hybrid projects’ significantly limits the opportunities associated with the development of domestic scientific and production base. A direct consequence of applying this model to the development of natural resources in the Arctic Zone of the Russian Federation is a noticeable growth of the technology-intensive service sector, which satisfies the demand for equipment and labor by adopting foreign cuttingedge technologies and relying on the inter-regional model of work rotation. All of this leads, among other things, to the fragmentation of the country’s economic space (to a reduction in the degree of interconnectivity between the economies of different regions), as well as to stagnation and eventual collapse of urban-type settlements in the Russian Arctic.V. A. KryukovY. V. KryukovАссоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)articlearctic zone of the russian federationeconomic activityeconomies of scalecooperationrisk sharingnew technologieslearning processsocial impactInternational relationsJZ2-6530ENRUКонтуры глобальных трансформаций: политика, экономика, право, Vol 14, Iss 4, Pp 19-39 (2021) |
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DOAJ |
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DOAJ |
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EN RU |
| topic |
arctic zone of the russian federation economic activity economies of scale cooperation risk sharing new technologies learning process social impact International relations JZ2-6530 |
| spellingShingle |
arctic zone of the russian federation economic activity economies of scale cooperation risk sharing new technologies learning process social impact International relations JZ2-6530 V. A. Kryukov Y. V. Kryukov The Economy of the Arctic in the Modern Coordinate System |
| description |
The article provides an overview of the modern Arctic economy. It demonstrates that in the sectors of the economy that are associated with the development of natural resources (primarily mineral resources) and that emphasize return on investment, there is a growing role of new knowledge and technologies, and a significant increase in the role and importance of various forms of cooperation between the parties involved in regional projects. This approach helps solve the problem of attracting investment for high-risk, high-yield projects – however, the implementation of these ‘hybrid projects’ significantly limits the opportunities associated with the development of domestic scientific and production base. A direct consequence of applying this model to the development of natural resources in the Arctic Zone of the Russian Federation is a noticeable growth of the technology-intensive service sector, which satisfies the demand for equipment and labor by adopting foreign cuttingedge technologies and relying on the inter-regional model of work rotation. All of this leads, among other things, to the fragmentation of the country’s economic space (to a reduction in the degree of interconnectivity between the economies of different regions), as well as to stagnation and eventual collapse of urban-type settlements in the Russian Arctic. |
| format |
article |
| author |
V. A. Kryukov Y. V. Kryukov |
| author_facet |
V. A. Kryukov Y. V. Kryukov |
| author_sort |
V. A. Kryukov |
| title |
The Economy of the Arctic in the Modern Coordinate System |
| title_short |
The Economy of the Arctic in the Modern Coordinate System |
| title_full |
The Economy of the Arctic in the Modern Coordinate System |
| title_fullStr |
The Economy of the Arctic in the Modern Coordinate System |
| title_full_unstemmed |
The Economy of the Arctic in the Modern Coordinate System |
| title_sort |
economy of the arctic in the modern coordinate system |
| publisher |
Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”) |
| publishDate |
2021 |
| url |
https://doaj.org/article/a0ab00b7503c44d29425fa5397a6603d |
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AT vakryukov theeconomyofthearcticinthemoderncoordinatesystem AT yvkryukov theeconomyofthearcticinthemoderncoordinatesystem AT vakryukov economyofthearcticinthemoderncoordinatesystem AT yvkryukov economyofthearcticinthemoderncoordinatesystem |
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1718443302019137536 |