Abstract

The responses of economic agents in the mineral resources sector to the implantation of instruments of the “new model” of development of the Far Eastern Federal District in 2014-2020 is investigated. At the same time, the emphasis is put on assessing the capabilities of these instruments to stimulate the integrated development of the region’s strategic mineral resources. It was reveal is that within the framework of the “new model” there are no targets and measures aimed at technological modernization and development of processing industries in the mineral resources sector of the region. At the same time, the implemented measures of state support are actually aim at hypertrophied development of the raw stock component of the mineral resources sector. The potential and key directions in connection with the formation of new sub-sectors for the final processing of mineral resources of the Far Eastern Federal District have been shown. Changes to the model of state incentives for the development of the mineral resources sector in the Far East are proposed.

Highlights

  • The issues of integrated development of natural resources are relevant for territories with rich mineral wealth potential

  • The comprehensive used of mineral resources (MR), growth chain processes and increase the added value mineral resources complex (MRC) determines the success of development of the entire regional economy

  • Are there any opportunities for diversification and weakening of the predominantly raw stock nature of the development of the Far Eastern Federal District (FEFD) in the near future? Do preferential regimes work to stimulate the creation in the region of industries for the final processing of mined mineral resources? Finding answers to these questions is the purpose of this paper

Read more

Summary

Introduction

The issues of integrated development of natural resources are relevant for territories with rich mineral wealth potential. These territories include the Far Eastern Federal District (FEFD), namely, 11 constituent entities of the Russian Federation. For the MRC of the FEFD, the conditions of long-term competitiveness shown in the framework of the foresight forecast of its development until 2050 [1]. Special institutional conditions for state incentives are implementing in the Far East since 2014, established within the framework of the region’s “new development model”. This new situation makes a number of research questions relevant. Are there any opportunities for diversification and weakening of the predominantly raw stock nature of the development of the FEFD in the near future? Do preferential regimes work to stimulate the creation in the region of industries for the final processing of mined mineral resources? Finding answers to these questions is the purpose of this paper

Theoretical and methodological aspects of study
Results and discussion
Conclusions
Synthesis of scientifically technical and economic forecasts
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call