The Demographic Factor Impact on the Economics of the Arctic Region

The article examines the perceived drivers of economic growth and the corresponding implications for proactive, evidence-based policies, discusses national issues and shapes a shared vision for the future among key interested parties. The authors highlight the main drivers of change and economic growth in the Arctic, including energy security, climate change, and transportation development, which have a huge direct impact on the Arctic region across all three dimensions of sustainable development: economic, social, and environmental. The authors consider the following as the problems facing the creation of conditions for economic growth in the Arctic region of the Russian Federation, in terms of sustainable development: environment, problems of the Arctic population, management problems in the changing Arctic, and the adaptation of technologies and production processes to the Arctic climate. In conclusion, the authors deduce that the creation of a joint group consisting of relevant private, public, governmental and non-governmental organizations would be the best strategy for considering effective mechanisms for multinational and multilateral governance of sustainable development in the Russian Arctic zone. The authors also believe that in order to create conditions for economic growth in the Arctic zone of the Russian Federation and to facilitate further transition to sustainable development, the authorities at the first stage should provide economic support measures for doing business, especially in two key areas for the Arctic: the development of animal husbandry and the development of various types of tourism.

Section: Resultsmentioning

confidence: 99%

Problems and prospects of economic growth in the context of the environmental component of sustainable development in the Arctic zone of the Russian Federation

Kuchumov

Pecheritsa²,

Blazhenkova³

et al. 2023

“…However, it is now being questioned whether in the future there will emerge factors that contribute to the development of, for example, ski tourism in the Arctic regions of different countries. For instance, in Sweden, Finland, Norway, and Russia, conflicts in the field of land use arise in the case of the development of large ski resorts in their Arctic zones, especially around the specially protected natural areas, which in themselves are not only important attractions for nature tourism, but also traditional sources of livelihood for the indigenous inhabitants of the Arctic territories [15,30,31].…”

Section: Resultsmentioning

confidence: 99%

Problems of entrepreneurship development in the Arctic: Russian and foreign experience of observing the principles of green economy

Kuchumov

Pecheritsa²,

Blazhenkova³

2023

In recent years, interest in the Arctic regions has grown. Global corporations, policymakers, and research scientists became interested in the Arctic, as the climate in the Arctic regions changes and as the consequences in the global world directly or indirectly extend to all countries. The desire to understand and manage the new economic opportunities associated with the vast natural resources of the Arctic regions is common among all interested parties. However, the achievement of economic goals depends on many factors. It should be noted that among the factors facilitating economic development, we should consider important the factors of development of local communities and local entrepreneurship, and observation of the principles of green economy. In recent years, Russian and foreign Arctic research scientists have published a significant number of articles on the study of the Arctic regions and the development of entrepreneurship. The purpose of this work is to study entrepreneurship in the Arctic regions by analyzing Russian and foreign scientific publications. A common negative demographic factor for the Arctic regions is the change in the structure of the population, so the development of entrepreneurship can be considered important for the development of the Arctic regions, capable of providing livelihoods for local residents. The article considers the current conditions for entrepreneurial activity in the Arctic to determine the problems and prospects for the development of entrepreneurship in the Arctic regions from the point of view of green economy. In the article, the authors offer advice on engaging in entrepreneurial activities in the Arctic, following the principles of sustainable development and adhering to the principles of a green economy.

“…Thus, the analysis allows us to conclude that the use of the Northern Sea Route is promising, which will lead to the economic development of the circumpolar regions and the regions of the Far North, allow Russia to increase the potential of international maritime cargo transportation, expand the boundaries of trade cooperation [15].…”

Section: Discussionmentioning

confidence: 99%

Prospects for the use of Arctic routes in the context of climate change and the implementation of the concept of sustainable development of the Arctic zone

Gogoleva

Kirsanova²,

Zyabkina³

et al. 2023

The urgent need to solve environmental problems and meet the needs of people requires finding alternative ways to deliver goods in the most environmentally friendly and safe way. In addition, the climatic changes occurring on our planet open up additional prospects for the use of the Arctic for economic purposes, in particular, the use of the Northern Sea Route for cargo transportation. In the modern world economy, sea cargo transportation accounts for about 80% of all cargo transportation. The main cargo flow is carried out through the Southern Sea Route (SSR), along which goods are transported from Europe to Asia. For quite a long period of time, shipowners and logistics companies did not perceive the Arctic region as an alternative to traffic from Asia to Europe or North America, while navigation in the Arctic was much more than just transport shipping. At the same time, the situation has changed significantly in the 21stcentury. The interest in this region among the states of the Arctic zone, as well as other countries, is connected not only with the presence there of large reserves of mineral resources, solving geopolitical problems, but also the search for alternative sea routes for cargo transportation between Europe, North America and Asia. In connection with the blockade of the Suez Canal in March 2021, the question of the need to redirect cargo transportation to alternative routes – the Northern Sea Route (NSR), as part of the Northeast Passage, and the Northwest Passage became acute. The Suez Canal is the busiest and longest sea artery. In addition, this area is unsafe due to frequent attacks by pirates. Due to the geographical features of the SSR the presence of sufficiently narrow places along the route - under the condition of increasing traffic, does not contribute to the free passage of ships. Meanwhile, the active melting of the Arctic ice in the foreseeable future will allow navigation along Arctic routes at higher latitudes and without the escort of icebreaker transport. All of the above allows us to consider navigation in the Arctic latitudes as an actual alternative to the Southern Route, which will serve as the beginning of sustainable development of the Arctic region.