Financial Development Trajectories of the Russian Arctic Regions
Priority development of the Arctic territories is particularly relevant in conditions of unstable en-vironmental balance, significant climate change, and territorial vulnerability. The Arctic regions have com-mon natural and climatic conditions, geographical location, the availability of natural res...
Published in: | Arctic and North |
---|---|
Main Authors: | , |
Format: | Article in Journal/Newspaper |
Language: | English Russian |
Published: |
Northern Arctic Federal University
2022
|
Subjects: | |
Online Access: | https://doi.org/10.37482/issn2221-2698.2022.47.26 https://doaj.org/article/f824e5e90a0343debdebf7ac9558a1a0 |
id |
ftdoajarticles:oai:doaj.org/article:f824e5e90a0343debdebf7ac9558a1a0 |
---|---|
record_format |
openpolar |
spelling |
ftdoajarticles:oai:doaj.org/article:f824e5e90a0343debdebf7ac9558a1a0 2023-05-15T14:43:16+02:00 Financial Development Trajectories of the Russian Arctic Regions Natalya V. Dyadik Anastasiya N. Chapargina 2022-06-01T00:00:00Z https://doi.org/10.37482/issn2221-2698.2022.47.26 https://doaj.org/article/f824e5e90a0343debdebf7ac9558a1a0 EN RU eng rus Northern Arctic Federal University http://arcticandnorth.ru/en/article_index_years.php?ELEMENT_ID=370174 https://doaj.org/toc/2221-2698 doi:10.37482/issn2221-2698.2022.47.26 2221-2698 https://doaj.org/article/f824e5e90a0343debdebf7ac9558a1a0 Арктика и Север, Vol 47, Iss 47, Pp 24-37 (2022) russian arctic financial development trajectory threat driver financial resource Social Sciences H article 2022 ftdoajarticles https://doi.org/10.37482/issn2221-2698.2022.47.26 2022-12-31T00:58:12Z Priority development of the Arctic territories is particularly relevant in conditions of unstable en-vironmental balance, significant climate change, and territorial vulnerability. The Arctic regions have com-mon natural and climatic conditions, geographical location, the availability of natural resources on their territory, the level of technical and technological development of the branches of the national economy, however, they are characterized by heterogeneous conditions of socio-economic development, therefore, the imbalances in the functioning of these regions are manifested more clearly. Elimination or levelling of the emerging interregional imbalances is an objective necessity for the sustainable development of regions, ensuring their financial stability. The authors, on the basis of private financial indices (budget, economic, investment), carried out a pinpoint adjustment of the development of the Arctic territories and determined the trajectories for the implementation and expansion of potential financial opportunities, taking into account the identified threats and drivers that affect the economy of the region. This approach made it possible, firstly, to assess the financial capabilities of the regions in terms of different aspects (budgetary, economic, etc.,); secondly, to identify the dynamics of their financial development; and, thirdly, to rank the regions according to the level of financial solvency. As a result, three clusters were identified: regions with a high value of the economic index; regions with a high value of the investment index and regions with a high value of the budget index. For each group, a vector of financial development has been determined, which makes it possible to effectively use all the possibilities of the Arctic regions to ensure their both social and financial and investment development. Article in Journal/Newspaper Arctic Climate change Directory of Open Access Journals: DOAJ Articles Arctic Arctic and North 47 26 42 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English Russian |
topic |
russian arctic financial development trajectory threat driver financial resource Social Sciences H |
spellingShingle |
russian arctic financial development trajectory threat driver financial resource Social Sciences H Natalya V. Dyadik Anastasiya N. Chapargina Financial Development Trajectories of the Russian Arctic Regions |
topic_facet |
russian arctic financial development trajectory threat driver financial resource Social Sciences H |
description |
Priority development of the Arctic territories is particularly relevant in conditions of unstable en-vironmental balance, significant climate change, and territorial vulnerability. The Arctic regions have com-mon natural and climatic conditions, geographical location, the availability of natural resources on their territory, the level of technical and technological development of the branches of the national economy, however, they are characterized by heterogeneous conditions of socio-economic development, therefore, the imbalances in the functioning of these regions are manifested more clearly. Elimination or levelling of the emerging interregional imbalances is an objective necessity for the sustainable development of regions, ensuring their financial stability. The authors, on the basis of private financial indices (budget, economic, investment), carried out a pinpoint adjustment of the development of the Arctic territories and determined the trajectories for the implementation and expansion of potential financial opportunities, taking into account the identified threats and drivers that affect the economy of the region. This approach made it possible, firstly, to assess the financial capabilities of the regions in terms of different aspects (budgetary, economic, etc.,); secondly, to identify the dynamics of their financial development; and, thirdly, to rank the regions according to the level of financial solvency. As a result, three clusters were identified: regions with a high value of the economic index; regions with a high value of the investment index and regions with a high value of the budget index. For each group, a vector of financial development has been determined, which makes it possible to effectively use all the possibilities of the Arctic regions to ensure their both social and financial and investment development. |
format |
Article in Journal/Newspaper |
author |
Natalya V. Dyadik Anastasiya N. Chapargina |
author_facet |
Natalya V. Dyadik Anastasiya N. Chapargina |
author_sort |
Natalya V. Dyadik |
title |
Financial Development Trajectories of the Russian Arctic Regions |
title_short |
Financial Development Trajectories of the Russian Arctic Regions |
title_full |
Financial Development Trajectories of the Russian Arctic Regions |
title_fullStr |
Financial Development Trajectories of the Russian Arctic Regions |
title_full_unstemmed |
Financial Development Trajectories of the Russian Arctic Regions |
title_sort |
financial development trajectories of the russian arctic regions |
publisher |
Northern Arctic Federal University |
publishDate |
2022 |
url |
https://doi.org/10.37482/issn2221-2698.2022.47.26 https://doaj.org/article/f824e5e90a0343debdebf7ac9558a1a0 |
geographic |
Arctic |
geographic_facet |
Arctic |
genre |
Arctic Climate change |
genre_facet |
Arctic Climate change |
op_source |
Арктика и Север, Vol 47, Iss 47, Pp 24-37 (2022) |
op_relation |
http://arcticandnorth.ru/en/article_index_years.php?ELEMENT_ID=370174 https://doaj.org/toc/2221-2698 doi:10.37482/issn2221-2698.2022.47.26 2221-2698 https://doaj.org/article/f824e5e90a0343debdebf7ac9558a1a0 |
op_doi |
https://doi.org/10.37482/issn2221-2698.2022.47.26 |
container_title |
Arctic and North |
container_issue |
47 |
container_start_page |
26 |
op_container_end_page |
42 |
_version_ |
1766314957053362176 |