Outlook for the Economic Development of Northern Regions of Asian Russia


Book Description

Northern territories in Asian Part of Russia hold significant mineral resource abundance. This region can also be viewed as an outstanding geopolitical and military potential of Russia. On the other hand, economic development here is embarrassed with severe climatic conditions, underpopulation and unavailability of infrastructure. Targeting to proportion costs and benefits of the rising economic activity on the territory we analyze its prospects and challenges. For the central point would be taken intricacies with transport component when running projects of the local deposits deployment. As non-ferrous metals are the most likely to form the essential branch of Northern industry, they will originate substantial material flow in the area. This leads us to the point local transportation lines should be improved by far. Sea carriage is almost exclusive mode of transportation available for the purposes of Arctic littoral regions and furthermore the list expensive. Therefore reinforcement of Northern Sea Route (NSR) plays the vital role in developing of in question regions' economy. Multisectoral multi-regional model allows to link growth of non-ferrous metals complex and progress of sea transport corridor (NSR). Suppose the whole country is oriented for the maximization of public welfare and economic growth rate. In these terms our investigation led to a key-note conclusion: long-term goals of the whole country are attained superior when running active economical policy in the North. The crux is large non-ferrous metals sector companies are ready to enter the area if the government provides substantial financial support for infrastructure improvements. Simultaneously, in our case economic development should not implicate people to settle the territory. Rotation system is implied. All potential resource abundant zones are to be attached to the congruent NSR harbors, thereby regional centers. The system of aqua-territorial industrial complexes is suggested as an efficient form of economic life in Northern regions of Asian Russia.




The Russian Far East and Pacific Asia


Book Description

This major study assesses prospects for economic recovery in the Russian Far East, evaluating foreign trade and investment, political and economic forces, patterns of resource supply and needs in Pacific Asia, and potential competitors. It concludes that this unfulfilled potential has as much to do with conditions in Russia as the downturn caused by the Asian crisis.




Politics and Economics in the Russian Far East


Book Description

This extremely thorough and broad-ranging study analyses the complex issues involved in the development of co-operative economic relationships between Russia and its Asia-Pacific neighbours.




Economic Outlook for Southeast Asia, China and India 2021 Reallocating Resources for Digitalisation


Book Description

The 2021 edition of the Outlook addresses reallocation of resources to digitalisation in response to COVID-19, with special focuses on health, education and Industry 4.0. During the COVID-19 crisis, digitalisation has proved critical to ensuring the continuity of essential services.




International Cooperation in the Development of Russia's Far East and Siberia


Book Description

Russia's new 'pivot to Asia' increases the global significance of Russia's Siberia and Far East. The contributors - recognized experts from Russia, China, South Korea, Japan, Norway and Singapore - analyze political, economic, social and geostrategic roadblocks in the Russia/Asia Pacific relations, offering directions for further development.




The Russian Far East In Transition


Book Description

Russia, and especially the Russian Far East, has reached a political and economic crossroads as the trans-Pacific economic axis - so prominent in the Cold-War era - gradually expands to include broader intra-Asian relationships. Multilateral economic interaction across ideological and political boundaries is creating a "soft" regionalism in Northeast Asia that offers the Russian Far East unprecedented scope for collaboration with its neighbors. Indeed, the contributors - leading scholars and experts from private industry - argue that the future of the Russian Far East will be molded by its economic and political relations with the rest of Northeast Asia. Long known to be a rich storehouse of natural resources, the Russian Far East now faces the challenge of utilizing those resources in a manner that is sustainable and that is empowering to its people. Exploring the opportunities for and obstacles to multilateral ties within the region, the contributors analyze the prospects for economic cooperation in labor supply, minerals and energy resources, transportation, and fisheries.




Regional Economic Outlook, Middle East and Central Asia, October 2023


Book Description

Across the Middle East and Central Asia, the combined effects of global headwinds, domestic challenges, and geopolitical risks weigh on economic momentum, and the outlook is highly uncertain. Growth is set to slow this year in the Middle East and North Africa region, driven by lower oil production, tight policy settings in emerging market and middle-income economies, the conflict in Sudan, and other country-specific factors. In the Caucasus and Central Asia, although migration, trade, and financial inflows following Russia’s war in Ukraine continue to support economic activity, growth is set to moderate slightly this year. Looking ahead, economic activity in the Middle East and North Africa region is expected to improve in 2024 and 2025 as some factors weighing on growth this year gradually dissipate, including the temporary oil production cuts. But growth is expected to remain subdued over the forecast horizon amid persistent structural hurdles. In the Caucasus and Central Asia, economic growth is projected to slow next year and over the medium term as the boost to activity from real and financial inflows from Russia gradually fades and deep-seated structural challenges remain unsolved. Inflation is broadly easing, in line with globally declining price pressures, although country-specific factors—including buoyant wage growth in some Caucasus and Central Asia countries—and climate-related events continue to make their mark. Despite some improvement since April, the balance of risks to the outlook remains on the downside. In this context, expediting structural reforms is crucial to boost growth and strengthen resilience, while tight monetary and fiscal policies remain essential in several economies to durably bring down inflation and ensure public debt sustainability.




Regional Economic Outlook, May 2009: Middle East and Central Asia


Book Description

The global crisis is now affecting the countries in the Middle East and Central Asia region, and economic and financial vulnerabilities are rising. In the Middle East and North Africa, good economic fundamentals, appropriate policy responses, and sizable currency reserves are helping mitigate the impact of the shock. In the Caucasus and Central Asia, lower commodity prices and adverse economic developments in Russia have hit hard. The report notes that countries should prepare for the contingency of a prolonged global slowdown by supporting domestic demand for a longer period and strengthening financial systems further. In some countries with rising unemployment, it will be important to target government resources and policies on protecting the poor; in others, increased donor support will be necessary to maintain needed economic development.




Asian Development Outlook 2020


Book Description

After a disappointing 2019, growth prospects in developing Asia have worsened under the impact of the current health crisis. Signs of incipient recovery near the turn of this year were quickly overthrown as COVID-19 broke out in January 2020 in the region’s largest economy and subsequently expanded into a global pandemic. Disruption to regional and global supply chains, trade, and tourism, and the continued spread of the outbreak, leave the region reeling under massive economic shocks and financial turmoil. Across Asia, the authorities are responding with policies to contain the outbreak, facilitate medical interventions, and support vulnerable businesses and households. Assuming that the outbreak is contained this year, growth is expected to recover in 2021. Especially to face down fundamental threats such as the current medical emergency, innovation is critical to growth and development. As some economies in developing Asia challenge the innovation frontier, many others lag. More and better innovation is needed in the region to sustain growth that is more inclusive and environmentally sustainable. Five key drivers of innovation are sound education, productive entrepreneurship, high-quality institutions, efficient financial systems, and dynamic cities that excite knowledge exchange. The journey to creating an innovative society takes long-term commitment and hard work.




Economic Outlook for Southeast Asia, China and India 2020 – Update Meeting the Challenges of COVID-19


Book Description

The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia. The update of the Outlook comprises three main parts, each highlighting a particular dimension of recent economic developments in the region.