| Наименование статьи | Cross-Border Investment Cooperation in the Arctic Region: Challenges and Opportunities |
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| Страницы | 39 |
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| Аннотация | The article considers the investment processes that take place in the foreign and Russian Arctic,
the tools to attract investment and the possibility of accumulating best practices in the implementation of
investment projects. Analysis of the data on planned, unfinished and cancelled projects in the Russian
and foreign Arctic, including joint projects, allows us to reveal problems in cross-border investment
cooperation. In the framework of global economic challenges, when discussing the opportunities for the
Northern regions alternative to large-scale production and transportation, we determine the need to find
new promising areas of investment, including infrastructure projects. On the basis of official, statistical
and expert assessments, we analyze the priorities and directions of investment activities in the Arctic
and the main tools to increase investment attractiveness and promote investment. We consider European
Neighbourhood and Partnership Instrument (ENPI) Kolarctic 2007–2013 as an analytical case, since it
is one of the most effective tools for providing financial support to multilateral cross-border cooperation
projects in the Barents Euro-Arctic Region. The project field of the program is quite extensive and
contains a variety of topics; thsi contributed to the promotion of cross-border cooperation in various
fields, involvement of different target groups and stakeholders, and development of project cooperation
between different sectors in the Barents Euro-Arctic Region. We find it necessary to consider foreign
practice of the comprehensive use of both direct and indirect methods for attracting investments; on
its basis it can be possible to create the banks of best investment practices in Russia’s Northern regions.
Having revealed the inertia of investment processes in the Arctic, we conclude that it is necessary to
develop a strategy to increase the investment attractiveness of the Northern territories. |
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| Ключевые слова | Arctic Region, cross-border investment cooperation, large-scale infrastructure projects, Kolarctic cooperation program, best investment practices, investment attractiveness strategy |
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| Журнал | Economic and social changes: facts, trends, forecast |
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| Номер выпуска | 1 |
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| Автор(ы) | Кудрявцева Е. В., Зарубина Л. А., Сивоброва И. А. |
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| Файл |  |
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