INSTITUTIONAL DESIGN OF THE PROCESSES OF STRATEGIC DEVELOPMENT OF THE ARCTIC ZONE OF THE RUSSIAN FEDERATION

UDC 332.12
DOI: 10.36871/ek.up.p.r.2021.11.01.006

Authors

Asya A. Shchegol'kova
Luzin Institute of Economic Problems of the Kola Scientific Center of the Russian Academy of Sciences, Murmansk, Russia

Abstract

The article analyzes the formation of processes of institutional regulation of socio-economic activity in the Arctic Zone of the Russian Federation. An assessment of state support measures for the eco-nomic development of the Arctic space, business stimulation, increasing the investment and social attractive-ness of the Arctic Zone of the Russian Federation was given. It was revealed that the formation of the institu-tional space of the Arctic Zone of the Russian Federation would allow the Arctic regions of Russia to become the world's largest economic zone with a single set of administrative, tax and investment preferences, as well as a geopolitical tool for strengthening the regional presence of Russia in the Arctic.

Keywords

Arctic Council, Arctic Zone of the Russian Federation, development, strategy, institutional and legal space, tax (investment) preference.