scholarly journals The Demographic Factor Impact on the Economics of the Arctic Region

Resources ◽  
2021 ◽  
Vol 10 (11) ◽  
pp. 117
Author(s):  
Irina Gennadyevna Gerasimova ◽  
Irina Sergeevna Oblova ◽  
Ekaterina Ilinichna Golovina
Keyword(s):  
Economic Development ◽  
Arctic Region ◽  
Demographic Factor ◽  
Economic Indicators ◽  
The Arctic ◽  
Highly Qualified ◽  
Arctic Regions ◽  
Demographic Challenges ◽  
Simultaneous Decrease ◽  
The Impact

Decline of the international price of some minerals, such as coal, has changed the living standards of the Arctic population leading to its considerable out-migration because of the drop in profitability not only in mining, but also in related industries. Being essential for the sustainable economic development, the highly qualified specialists are currently a crucial issue in the Arctic. This research employs demographic and economic indicators to address the gap in the study of demographic challenges for the Arctic administrative-territorial entities. Special attention is paid to the comparative analysis of the population dynamic in the Russian and global Arctic regions. As part of this study, the impact of the demographic factor on the economic indicators of the region was assessed on the basis of GRP data calculation. Special attention is paid to the analysis of the major trends in the Arctic labour market. Based on the results of the assessment, an increase in GRP was determined with the simultaneous decrease in the Arctic population. The current demographic situation in the Arctic regions in the context of gender factors was reviewed. It should be noted that the article contains exceptions and the causes of the phenomena described. The results of the research may contribute to better understanding of regional variation and trends in socio-economic development of the Arctic as well as the stabilisation of the Arctic population.

Creation of new business value as an indicator of the socio-economic potential use: Evidence from the Arctic Zone regions of the Russian Federation

2020 ◽  
Vol 18 (7) ◽  
pp. 1286-1303
Author(s):  
D.S. Krapivin
Keyword(s):  
Economic Development ◽  
Arctic Region ◽  
Assessment Method ◽  
The Arctic ◽  
Expert Assessment ◽  
Polar Regions ◽  
Russian Arctic ◽  
Arctic Regions ◽  
Socio Economic Development ◽  
The Impact

Subject. This article explores the impact of the creation of new value (construction) on the socio-economic system of the Russian Arctic regions. Objectives. The article aims to assess the utilization of the socio-economic development capacity of the Russian Arctic regions. Methods. For the study, I used the methods of business and statistical analyses, observation, measurement, comparison, and the expert assessment method. Results. The article presents certain results of an analysis of the impact of new value creation on economic performance and analysis of the industry structure for creating such value for each particular Russian Arctic region. Conclusions. The Russian Arctic regions are characterized by significant uneven regional development. The Yamalo-Nenets Autonomous Okrug has optimal conditions for socio-economic development and the greatest investment attractiveness among the other Russian polar regions.

scholarly journals Digitalization in Education and Distance Barriers in the Russian Arctic: Problems and Prospects

2021 ◽  
pp. 144-160
Author(s):  
Natalya V. DYADIK ◽  
◽  
Anastasiya N. CHAPARGINA ◽  
◽  
Keyword(s):  
New Technologies ◽  
Educational Process ◽  
The Arctic ◽  
Russian Arctic ◽  
Highly Qualified ◽  
Arctic Regions ◽  
Active Dissemination ◽  
Labor Resources ◽  
Impact Of Urbanization ◽  
The Impact

In the era of digital technologies, the issues of providing highly qualified personnel, the effective use of the intellectual potential of the territory and the creation of conditions for its reproduction are of particular importance. These problems are more acute in remote areas of the Russian Arctic. This is due, firstly, to the ultradispersity of the settlement system in the Arctic of the Russian Federation, and, secondly, to the imbalance between the demand and supply of labor resources in territorial and professional terms. Digitalization has become an integral component of education all over the world; therefore, the purpose of this article is to assess the availability of education in the regions of the Russian Arctic and to search for new targets for quality education in the context of digital transformation. The existing educational environment in the Arctic regions is analyzed in the article. The impact of urbanization degree on affordable education in remote Arctic regions is assessed. The financial capabilities of the population are investigated. Based on the analysis, a number of problems associated with the active dissemination of new technologies are identified. Recommendations for improving the educational process are given, taking into account the digitalization of society. The main stages of modernization of the educational process in remote regions of the Arctic are identified.

Prospects for the development of international cooperation in the Arctic: main directions

2020 ◽  
Vol 22 (5) ◽  
pp. 76-83
Author(s):  
VERA I. SMORCHKOVA ◽  
Keyword(s):  
Economic Development ◽  
International Cooperation ◽  
Arctic Region ◽  
The Arctic ◽  
Arctic Council ◽  
Governmental Organizations ◽  
Arctic Regions ◽  
Non Governmental Organizations ◽  
Common Interests ◽  
The University

Over the past three decades, the Arctic has shown an unprecedented pace of international cooperation. Work in this direction takes place within the framework of the Arctic Council, the Barents Euro-Arctic Region Council (BEAC), the Northern Forum, the International Arctic Science Committee, the International Conference “Arctic Frontiers”, the Conference of Parliamentarians of the Arctic Countries, the University of the Arctic, etc. Cooperation and integration of the Arctic regions are of great importance for the social and economic development of this macro-region. United, the Arctic countries will preserve and develop territories on the principles of sustainable development. While studying the topic of the article, the author realized that the existing initiatives are not enough to meet the growing needs of the region. Today, the circumpolar region faces geopolitical, socio- economic, and environmental challenges. Changes in economic development and global warming are a serious threat to the population of the Arctic. Governmental and non-governmental organizations associated with activities in the Arctic, as well as its direct residents, are interested in international cooperation in various areas that are related to the problems of the region. The participation of countries and organizations is needed for an immediate response to changes, as well as to solve emerging problems, to pursue common interests, and to find effective mechanisms for managing emerging changes. In the article, the author also offers practical recommendations for the proper use of the potential of the Russian Arctic.

scholarly journals Challenges and Sustainability of China’s Socio-Economic Stability in the Context of Its Demographic Development

Societies ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 22
Author(s):  
Andrea Čajková ◽  
Peter Čajka
Keyword(s):  
Economic Development ◽  
Pension System ◽  
Population Policy ◽  
Developed Countries ◽  
Economic Stability ◽  
Demographic Development ◽  
Demographic Challenges ◽  
Family Behavior ◽  
Socio Economic Development ◽  
The Impact

Like many developed countries in the world, China currently faces many serious demographic challenges that pose a potential risk to the country’s socio-economic development and stability. The current demographic development and trend is characterized by a change in the reproductive behavior of the population, characterized by a decline in birth rates, a change in family behavior, and a shift in the value system. This paper is aimed at identifying the impact of population policy and the degree of its influence on both the economic and social system of the country. Based on a deterministic approach, the findings reveal and demonstrate the serious demographic challenges facing China, and we are noting that there is no guarantee that parametric adjustments, such as shifting the retirement age, will de facto ensure the financial health of the pension system by preventing bankruptcy. We point out the risks and prospects for the sustainability of China’s socio-economic development based on an analysis of past and current Chinese demographic policy.

Socio-economic development scenarios of the White Sea regions.

2021 ◽  
pp. 52-69
Author(s):  
Anna E. Kurilo ◽  
◽  
Pavel V. Druzhinin ◽  
Keyword(s):  
Economic Development ◽  
Catchment Area ◽  
White Sea ◽  
The Arctic ◽  
Arctic Zone ◽  
The White Sea ◽  
Development Scenarios ◽  
Arctic Regions ◽  
Macroeconomic Indicators ◽  
Scenario Approach

In the process of creating a national system of strategic planning and within the framework of normative economics, the scenario approach provides opportunities for constructing goals and directions of socio-economic territories development. Being a planning tool the scenario approach allows forming the directions of regional development. These processes take particular relevance for the regions of our country that are the parts of the Arctic zone, especially in increased interest and attention to these territories resources from other external agents. The main aim of this paper is to elaborate development scenarios for the regions, which are fully or partially included in the Arctic zone and the White Sea catchment area. Based on the dynamics analysis of the main macroeconomic indicators and development trends for 1990–2019, the dependence of indicators for forecasting socio-environmental and economic development of these regions, was built. We applied scenario approach to describe possible development scenarios of Arctic regions in the White Sea catchment area. The novelty of the work is the construction of matrix of development scenarios of the Arctic regions, united by belonging to the White Sea catchment area. The analysis results of macroeconomic indicators for three elements of sustainable development show that the regions have rather weak economic development, stagnation of social indicators and difficult environmental situation. We outlined the problems constraining the development of Arctic regions in the White Sea catchment area and the directions to their solutions. To reach the trajectory of sustainable development is possible under condition of coordination and implementation of the measures taken by the state and regional authorities. This scenario of development strategy according to the innovation trajectory will allow to consolidate activity of federal, regional and municipal authorities of these territories. The integrated development program of the Arctic regions in the White Sea catchment area can be a coordinating platform.

Problems of development of Arctic hydrocarbon resources under the current conditions.

2021 ◽  
pp. 70-81
Author(s):  
Anna Borisovna Nikolaeva ◽  
Keyword(s):  
Economic Development ◽  
Alternative Energy ◽  
New Technologies ◽  
Recovery Period ◽  
Arctic Region ◽  
The Arctic ◽  
Expert Assessment ◽  
Low Level ◽  
The World ◽  
The Arctic Region

The Arctic is the richest and at the same time the most difficult region to develop in the world. Exploration and exploitation of its deposits are inevitable for Russia and mankind as a whole. The Arctic region is characterized by extreme nature-climatic conditions, with a rather low level of economic development and remoteness from industrial centers, a low level or lack of any infrastructure as well as by instability of the ecological system to anthropogenic impact and a long recovery period. Since the potential of the resources currently being developed will be exhausted within several decades, and the world economies are not yet ready for a full transition to alternative energy resources, it is necessary to search for and develop new hydrocarbon reserves that determines the relevance of the study.The aim of the study is to identify the main problems arising when exploiting hydrocarbons in the Arctic region. The set of problems identified predetermines an integrated approach to their solutions. In this case, it is about reforming legislation, increasing funding, and attracting new participants in the international cooperation. Since the export of oil and gas is traditional for the Russian Federation, exploitation of hydrocarbons in the region is a prerequisite for the further economic development of the country. A state policy aimed at development and improvement of new technologies, reducing environmental risks, and deep scientific research of the Arctic, is needed. The method of expert assessment was used, which is applied for solving complex tasks with lack of information, and impossibility of mathematical formalization of the solution process. The basis for the application of this method is the possibility and ability of experts to assess the importance of the problem under study and development prospects for a certain research direction. The expert assessments were highlighted during the study and analysis of the literature.

THE STRUCTURE OF THE ECONOMIC SPACE OF THE RUSSIAN ARCTIC

2021 ◽  
Vol 1 (7) ◽  
pp. 132-140
Author(s):  
E. A. KORCHAK ◽  
Keyword(s):  
Economic Development ◽  
Natural Resources ◽  
National Policy ◽  
The Arctic ◽  
Russian Arctic ◽  
Economic Space ◽  
Arctic Regions ◽  
Dominant Direction ◽  
Integrated Structures

The purpose of the study was to analyze the structure of the economic space of the Russian Arctic within the framework of determining the prospects for the economic development of the Arctic regions. The unevenness of the economic space of the Russian Arctic and the focus on the extraction and export of natural resources are determined. It is revealed that vertically integrated structures play a key role in the Russian Arctic. It is determined that the specific feature of this region is the ethnoeconomics, the long-term development of which is the dominant direction of the national policy in the field of agriculture of the Russian Arctic.

scholarly journals THE IMPACT OF M&A TRANSACTIONS ON THE GROWTH OF THE BANKS’ MARKET VALUE

2021 ◽  
Vol 5 (40) ◽  
pp. 45-54
Author(s):  
L. Prymostka ◽  
N. Pantielieieva ◽  
I. Krasnova ◽  
V. Lavreniuk ◽  
O. Lytvynenko
Keyword(s):  
Economic Development ◽  
Mergers And Acquisitions ◽  
Banking Sector ◽  
Jel Classification ◽  
Economic Indicators ◽  
Level Of Economic Development ◽  
Banking Business ◽  
Economic Trends ◽  
The Impact ◽  
The Relationship

Abstract. The globalization of markets, the need to comply with modern economic trends and introduce new technological solutions to increase the profitability of the banking business have significantly intensified the processes of mergers and acquisitions in the banking sector. M&A processes are long and complex, their results are difficult to forecast in lack of actual detailed research. The diversity of the results of the available research requires updating the data based on larger volumes of transactions and larger time intervals. The purpose of the article is to substantiate two hypotheses: first, the impact of M&A agreements especially on the increase in the value of banks; and impact of factors that show economic development level on the value of banks. The object of the study is the relationship between the value of commercial banks in domestic and foreign financial markets, M&A agreements, as well as economic indicators published by the World Bank and measuring the level of economic development of countries. The article uses statistical modeling method. The constructed model of linear regression allows to state that the fact of influence of M&A on growth of cost of consolidated banks is fair for 54.8% of cases. The study shows that the M&A processes have the greatest impact on the value of banks in the interval of 3—5 years after the conclusion of the agreement. Analysis of the relationship between economic indicators and the growth of bank value shows that the greatest impact on the value of banks has percent of the growth of GDP and GDP per capita, but the low value of the determinant at 22.9% indicates a low dependence of bank value on the level of economic indicators in general. It was found that external factors do not directly affect the growth in the value of banks in the process of M&A transactions. The question of expanding the system of factors that will influence the M&A processes and, as a consequence, the value of the banks, will be the subject of further research. Keywords: globalization of markets, mergers and acquisitions of banks, consolidation, M&A dynamic, market capitalization, bank value. JEL Classification Е44, Е47, G14 Formulas: 2; fig.: 4; tabl.: 4; bibl.: 14.

scholarly journals Development of a system for automated control of oil transportation in the Arctic region to prevent the formation of paraffin deposits in pipelines

2019 ◽  
Vol 140 ◽  
pp. 07004 ◽  
Author(s):  
Alexandra Kopteva ◽  
Vladimir Koptev ◽  
Vadim Malarev ◽  
Taisiya Ushkova
Keyword(s):  
Arctic Region ◽  
Electric Heating ◽  
The Arctic ◽  
Oil Viscosity ◽  
Automated Control ◽  
Oil Pipeline ◽  
Early Stages ◽  
Arctic Regions ◽  
Single Sensor ◽  
Measuring Unit

The paper introduces a unique methodology of preventing and controlling the formation of paraffin deposits in oil pipelines, which is a matter of urgency in regions with negative temperatures, including the Arctic regions. The paper presents the configuration and specific parameters of the developed measuring unit. The proposed measuring unit is capable of detecting the formation of a paraffin layer during its early stages and predicting its composition. Simultaneous use of two radioisotope sensors allows increasing the performance capabilities of the measuring unit, namely to detect the formation of a paraffin layer in the early stages and to issue a signal to amplify the control signal to control the oil pipeline paraffinisation. In addition, the use of a radioisotope unit instead of a single sensor will increase the accuracy of component-wise flow rate measurement, by making an allowance for paraffin deposits formation. The use of customized information processing algorithms also allows determining oil viscosity with high accuracy. The paper deals with an optimization of a system for automated control of a promising method of electric heating via the skin-cables, wherein safety factors of up to 36% are currently used, i.e. in most cases, 1/3 excess electric power is generated. The safety of using the radioisotope measuring technique is proven.

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