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A Modern Approach to the Establishment of an Integrated System for the Development of Russian Resource Regions

Abstract

The presented study examines the discrepancies between the substantial raw material potential of Russian regions and the increasing complexity and heterogeneity of its composition. The authors believe that the said discrepancies can be resolved not only by facilitating and expanding geological exploration and prospecting with appropriate funding (particularly from private investments), but also by improving the systems for the management and coordination of these activities. Aim and tasks. Macro- and microeconomic aspects of the current processes of development and use of natural resources make it necessary to raise many new issues regarding the implementation of certain projects and formation of the institutional framework and conditions, and, most importantly, to determine the new role that natural resources play in solving crucial socio-economic problems. Methods. This study uses general scientific methods of cognition as well as comparative, statistical, and structural analysis to describe a linear model of involvement of all possible natural resources and a more complex “network structure”, and to propose a roadmap for the transition from fragments to an integrated system for the development of resource regions. Results. At the macro-level, production tools are becoming increasingly important, and more and more types of mineral raw materials serve as financial assets. The process of interaction of the natural resource sector with the economy and the financial system is undergoing a fundamental transformation. The main features of the “network structure” include constant “returns” to the previous stages within the framework of a linear model or, the other way round, “leaps” over the next few stages, which provides a new concept of the appropriate chronological sequence of different stages of exploration, prospecting, and development of mineral deposits. Conclusion. The natural resource sector is undergoing fundamental changes (due to the significantly increasing role of the knowledgedriven economy and the intellectual component in general) in terms of the development and use of natural resources. Some developed countries are becoming dependent on resources once again. However, this phenomenon and its distinctive features are of a different nature, prioritizing the knowledge-based economy. Russia’s current problems are in many respects due to the fact that the country explores its resource potential in an extremely non-complementary institutional environment. The principal way of overcoming mutual discrepancy is a well-founded course of economic development making objective allowance for the environmental, technological, and institutional components as well as their close interaction and mutual influence.

About the Author

Valeriy A. Kryukov
Institute of Economics and Industrial Engineering - Siberian Branch of RAS
Russian Federation


References

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Review

For citations:


Kryukov V.A. A Modern Approach to the Establishment of an Integrated System for the Development of Russian Resource Regions. Economics and Management. 2017;(12):5-16. (In Russ.)

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ISSN 1998-1627 (Print)