INSTITUTIONAL MECHANISMS FOR THE DEVELOPMENT OF THE ARCTIC, MODERNIZATION OF THE ECONOMY OF THE NORTHERN SEA ROUTE

The relevance of the article is due to the high significance of the Arctic region for Russia and the growing interest in its development among other countries-world leaders. The transformation processes taking place in Russia in recent decades, the implementation of socio-economic and constitutional...

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Bibliographic Details
Main Author: Stepanov, N.S.
Format: Conference Object
Language:English
Published: Инфинити 2021
Subjects:
Online Access:https://dx.doi.org/10.34660/inf.2021.18.84.002
http://naukarus.ru/public_html/wp-content/uploads/2021/Scientific research of the SCO countries - May 13 - Part 1.pdf#page=31
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Summary:The relevance of the article is due to the high significance of the Arctic region for Russia and the growing interest in its development among other countries-world leaders. The transformation processes taking place in Russia in recent decades, the implementation of socio-economic and constitutional-legal reforms aimed at creating favorable conditions for the effective implementation of the Arctic potential, do not currently allow the country to fully receive all pos-sible benefits. The methodological basis of the research is the systematization of theoretical approaches to the role of the institutional environment in the economic development of the Arctic. The purpose of the article is to analyze the institutional mechanisms of the Arctic development, and to study the influence of other coun-tries on the modernization of the economy of the Northern sea route. The scientific results of the study include a theoretical justification of the need for institutional mechanisms for the development of the Arctic, taking into account all stakehold-ers. The article reveals the features of the political confrontation between Russia and NATO in the Arctic, as well as the patterns of interaction between Russia and non-regional players when considering the further strategic development of the Arctic. This allowed us to determine the Russian principles of relations with other players in the Arctic. On the basis of the research, the directions in which Russia and Western countries continue to develop cooperation are formulated, among the most priority ones that require institutional interaction at the inter-country and global levels: nature protection and pollution control, issues of safety of navigation and control of water area pollution from ships, prospects of invest-ment processes for the modernization of marine infrastructure; development and implementation of the potential of the Northern sea route. The article pays special attention to the direction of penetration into the Arctic by the PRC.