Significant Multiplier Effect Research Articles

Savings and Sustainable Economic Growth Nexus: A South African Perspective

The savings behavior of individuals has been a topic of both macroeconomic and policy importance throughout history. Theoretical and empirical research shows that savings result from several demographic and economic factors working together to produce long-term, sustainable economic growth. This study therefore examined the nexus between domestic savings and sustainable economic growth in a South African perspective between 1990–2023, emphasizing the critical role that savings play in fostering long-term economic stability and environmental resilience. The ARDL framework was used to analyze data from the World Bank and the South African Reserve Bank. The results of the study demonstrate that corporate savings have a major effect on sustainable economic growth, especially over the long term. When corporate savings rise by 1%, the economy expands by 3.12%, which highlights the significant multiplier effect of investment. The extent of this impact depends on factors such as the efficiency of capital allocation, technological capacity, financial market development, government policies, and macroeconomic stability. These factors collectively determine how effectively corporate savings are transformed into productive investments that drive sustainable economic growth. Conversely, savings made by the government and the public, especially in the long run, have no appreciable impact on sustainable economic growth. Given that domestic savings mobilization is the most suitable channel for financing capital accumulation to support economic growth and development, the study suggests reviewing current policies to encourage domestic savings mobilization. This paper contributes to the broader discourse on sustainable economic policies in emerging markets, offering actionable insights for policymakers, financial institutions, and stakeholders promoting a more sustainable economic future for South Africa.

Causative factors of Abandoned Urban Housing Projects and Strategies for Revitalization in Ibadan, Nigeria

In Nigeria, over 56,000 projects have been abandoned, leading to negative societal and urban impacts, including wasted investment, job losses, increased crime rates, visual pollution, and disruption of urban planning. These abandoned projects, which include residential, commercial, and industrial buildings, have significant multiplier effects on the construction industry. As the housing sector plays a vital role in a country's economy, the issue of abandoned urban housing projects, particularly in Ibadan, Nigeria’s third-largest city, poses serious challenges. These challenges affect the city’s economic growth, social cohesion, and environmental quality, yet there is limited research addressing the problem. This paper investigated the causes of abandoned housing projects in Ibadan, aiming to find ways to revive them and prevent future abandonment. A structured questionnaire (n=45) was administered to consultants and professionals in the built environment (architects, engineers, quantity surveyors, and builders). Key causes of abandonment were identified, along with impacts such as building dilapidation, environmental decline, and urban visual displeasure. The paper recommended the establishment of regulatory frameworks for periodic inspections of ongoing projects and requiring developers to have exit strategies for financial setbacks. It also emphasized policies that promote repurposing abandoned buildings for public services, such as affordable housing or community centers. The conclusion stressed that without addressing the root causes, urban aesthetics and adequate housing provision will continue to suffer.

Review of the monograph Strategizing of the Tourism and Trade Show Industries in the Russian Far East

The collective monograph Strategizing of the Tourism and Trade Show Industries in the Russian Far East was prepared by a team of young scientists from the Economic and Financial Strategy Department dealing with designing and developing the theoretical foundations and practice of strategizing at the level of enterprises, industries, regions, and countries of the world. The presented scientific publication develops an up-to-date comprehensive interdisciplinary study of the tourism industry as an "aggregated" branch of the economy, covering more than 110 related industries and having a significant multiplier effect. The object of the analysis is the Russian Far East, a huge geographical space characterized by significant imbalances in socio–economic development, which determine the starting conditions for involvement of the rich natural and recreational potential of the Far Eastern territories in the tourist turnover. The uniqueness and practical significance of the monograph is that it formulates theoretical and methodological foundations for strategizing the tourism industry and exhibition and fair activities, based on the universal theory of strategy and methodology of strategizing by V.L. Kvint, a foreign member of the Russian Academy of Sciences, taking into account the industry specifics of the object of strategizing. Furthermore, the work presents a comprehensive analysis of resource support for tourism development in the said territory.

Uncovering Key Economic Drivers in MSMEs through Economic Base Model

The importance of leading sectors can contribute to the development of the national economy. The economic advantages of a region serve as a mobilized tool for economic growth and are crucial in creating new business opportunities that can absorb labor. The objective of this research is to determine the leading sector for micro small and medium enterprises as well as the effects of the multiplier effect in Surakarta City in 2022. The method used Location Quotient, Base Employment, and Base Multiplier as a combination of the Economic Base Model. The findings of this study indicate that in the city of Surakarta, there are three leading sectors, namely the service sector, trade, and non-agricultural production. The highest base multiplier and base employment are in the trade sector. Both are likely to be concentrated in the southeast of Surakarta City. These findings imply that the development of leading sectors in Surakarta, such as services, trade, and non-agricultural production, should be focused on increasing efficiency and innovation, not just on increasing the number of workers. In addition, economic policy must consider that, despite the high number of workers, the economic impact may be limited if it is not accompanied by a significant multiplier effect.

Promosi Tenun Khas Bima Sebagai Penguatan Identitas Kota Bima Melalui Kegiatan Lombok Essay Competition

This community service activity aims to promote and strengthen the identity of Bima City through the development of typical Bima weaving. The method is to take part in the Lombok Essay Competition Event. The activity began with cultural and economic observations in Bima City, followed by assistance in the preparation of scientific work on Bima typical weaving which was presented at the event on March 9-12 2024. The results showed that the Bima typical weaving industry provided a significant multiplier effect on other industries in Bima City. Analysis of the Input-Output derivation table shows an increase in final demand of 1.4 billion rupiah in the Bima typical weaving industry. In conclusion, this activity is able to promote Bima's typical weaving as the identity of Bima City and provide a positive economic impact, as well as having the potential to support local development and community empowerment.

ECONOMIC AND FUNCTIONAL DIMENSIONS OF THE DEVELOPMENT OF INTERNATIONAL TRANSPORT CORRIDORS IN THE CONTEXT OF GLOBALIZATION

Under current conditions of growing interdependence of national economies, global supply chains are being transformed and trade flows are being reoriented. The dynamics and scale of these processes are largely determined by the efficiency of international transport corridors. Investments in transport corridors have a significant multiplier effect on the entire economy by stimulating the development of transport and logistics and related sectors of the economy, creating a growing demand in labour markets, and developing global value chains, international production, trade and logistics networks. The purpose of the article is to study the impact of international transport corridors on the development of territories at the national and regional levels. The use of descriptive statistics allowed to assess the impact of international transport corridors on the level of economic development, trade openness and foreign trade volumes based on the analysis of data from 121 countries. The links between the zones of influence of international transport corridors and other functional types of territories in Ukraine were investigated. The territorial coefficient of environmental load in the context of Ukrainian regions was calculated. The results of the study will be useful for both researchers in the field of logistics and transport infrastructure development and policymakers in the field of transport and economic policy.

The recovery and resilience plan on the long-term care system. Towards a deinstitutionalization?

After the crisis caused by Covid-19, among other socioeconomic problems, the fragility of the organizations that make up the Spanish Long-Term Care System was revealed. These events prompted the Recovery and Resilience Plan (RRP). The aim of this study is to estimate the socioeconomic impact on Long-Term Care (LTC) of the investment delivered by the RRP. In addition, to fulfil our main aim, a secondary and necessary aim was to calculate the most current social accounting matrix (SAM) of the Spanish economy. We analyse the components of the demand linked to the RRP investment allocated to LTC, and subsequently, based on Input-Output methodology, we calculate a social accounting matrix (SAM) of the Spanish economy to estimate the overall economic return. The results obtained using the SAM model proposed herein evidence the multiplier effect of the RRP invested in LTC. Every euro allocated to the RRP generates 4 euros in income for Households, Firms and the External Sector, 3.4 euros in industrial output, and returns 0.6 euros in taxes and social contributions to the Government. This also entails creating 26,410 direct and indirect jobs as well as 10,059 induced ones. Given the severe recession scenario triggered by the consequences of COVID-19, the results of this study highlight the significant multiplier effect that RRP investment may generate to alleviate the downturn in the Spanish economy and, more specifically, in the Spanish LTC System.

Туристська індустрія України: проблеми адаптації у військовий період і перспективи поствоєнного відновлення

The aim of the article is to analyze the current state of the domestic tourism industry in the context of the russian invasion of Ukraine, as well as to develop potential directions for eliminating the negative consequences for the tourism industry, speaking of its further recovery. The article examines the state of the tourism industry during the wartime, considers aspects of its adaptation to the conditions of martial law, and develops proposals for the post-war recovery. Since the onset of the large-scale military aggression, the tourism industry of Ukraine has undergone significant transformations, which have led to the practical halt of all types of tourism, especially at the initial stages of hostilities. However, a full assessment of the impact of military events on Ukrainian tourism becomes very difficult in view of the continuation of large-scale hostilities and the lack of accurate data. The study analyzes the amount of tourist tax and the structure of taxes to the State budget of Ukraine from the activities of tourism industry enterprises, the results of the analysis showed a significant drop in all indicators. An assessment of the impact of tourism development on the gross regional product (GRP) is carried out using correlation and regression analysis. Based on the results of modeling, a regression model of the dependence of GRP on tourist tax has been built, which confirms that the development of tourism in the region contributes to an increase in the gross regional product and has a significant multiplier effect. The features of recreation and work of tourist facilities in different regions of Ukraine are generalized and structured, and it is found that even with the existing restrictions, citizens continue to discover new places worth visiting in Ukraine. This can be attributed to the consideration that constant stress tires the body, and people need rest and recovery. A substantive characterization of the wartime factors of influence on the development of the tourism industry has been determined. It is determined that the recovery of the tourism industry will depend on the pace of restoration of the general and tourist infrastructure and the overall standard of living in the country, which will contribute to the rise of both inbound and outbound tourism. One of the main factors influencing the creation of a safe image of a tourist destination is the level of terrorist threat, in connection with which a set of measures to prevent terrorist threats has been formulated. The main program model for the development of tourism in post-war Ukraine is the public-private partnership (PPP), from the implementation of which the greatest return for the development of the tourism business is expected. In view of the above, the subject of prospective research should be the development of organizational and resource support for the PPP mechanism for the recovery of the tourism industry of Ukraine.

A novel framework for social life cycle assessment to achieve sustainable cultural tourism destinations

Tourism has a significant multiplier effect on other socioeconomic sectors, leading to improved infrastructure and public services. Its environmental impact, however, remains a subject of concern and there has been a growing emphasis on increasing the sustainability of tourism attractions. Despite the global importance of sustainability evaluation, there are just a few widely accepted methodologies for evaluating it. The life cycle concept is utilised to assess environmental, economic and social impacts and one critical life cycle tool is social life cycle assessment (S-LCA). Tourism-associated activities are ideally suited for the elaboration of data related to social sustainability due to tourism-specific service specifications. As a result, the main question is how can S-LCA help to ensure the long-term viability of cultural tourism destinations. This paper investigates the theoretical evolution of both S-LCA and cultural tourism in order to answer this question. A new framework S-LCA for sustainable cultural tourist destinations is developed and examined, as are potential application gaps. The hypothesized S-LCA conceptual framework S-LCA can thus play an effective role in accomplishing the principles and objectives of sustainable tourism destination management by bringing all stakeholders’ interests together.

Analisis Penentuan Sektor Unggulan Perekonomian Wilayah Kabupaten Asahan

Regional development planning in the regional economy is a regional development policy with limited resources. As a result, it must concentrate on the growth of sectors that have a significant multiplier effect on other sectors or the sector as a whole. The GRDP of the Asahan Regency economy will increase between 2017 and 2021 (except in 2020 which will decrease due to the co-19 pandemic). The purpose of this research is to identify the most successful sectors in Kabupaten Asahan and ways to improve and develop these sectors to make them even more successful. Klassen Typology Analysis, Location Quotient (LQ), and Shift Share are the analytical tools used. The results show that the agriculture, forestry and fishery sectors, the manufacturing sector, and the wholesale and retail trade sector are three leading sector analysis tools that have the potential to be developed based on the results of this analysis; the car and motorcycle maintenance industry as well as other services The remaining four industries are industries that have the potential to be developed further in an effort to boost the economy of Asahan Regency.

IMPACT OF THE COVID-19 PANDEMIC ON INTERNATIONAL TOURISM

Natia Beridze 
 Email:Beridze.natia@bsu.edu.ge 
 Assistant Professor, Batumi Shota Rustaveli State University 
 Batumi, Georgia
 https://orcid.org/0000-0001-5706-5380
 
 Tsira Tsetskhladdze 
 Email:Tsetskhladze.tsira@bsu.edu.ge 
 Assistant Professor, Batumi Shota Rustaveli State University 
 Batumi, Georgia
 https://orcid.org/0009-0001-3754-3960
 The coronavirus pandemic had a devastating impact on the tourism industry worldwide. It has severely impacted world economic development and disrupted social stability. In the background of the COVID-19, the development of tourism industry also faced critical opportunities and challenges.
 This paper details the situation with the tourism industry on the international stage and analysis The UNWTO report and the position of the UN. Consumer behavior trends in the tourism industry are identified in connection with the impact of the pandemic, as well as the impact of the pandemic on the economy of tourism-dependent countries. The spread of vaccination and the adoption of adequate safety measures directly influenced the recovery of tourism. In case of the economy and employment, reopening of this sector has a significant multiplier effect on it, which could be critical in dealing with the crisis caused by the pandemic. This paper discusses an ILO analysis that highlights the need to develop policies that promote a recovery of employment, decent jobs and sustainable businesses in the tourism sector; Outlines the directions of tourism promotion and recovery programs, which usually focus on restoring tourist sites to make them more sustainable; The thesis of "digital nomads" is conditioned, who are looking for an opportunity to work and analyze the changes in the market of tourist routes on specific examples. The paper also lefts a forecast for the close future and the possibility of recovering the industry after a crisis with stipulated ways to solve problems in different countries.

Стратегическая оценка потенциала развития туризма и выставочно-ярмарочной деятельности на Да льнем Востоке России

The Russian Far East possesses an enormous natural and economic potential, however, its sectoral structure is represented mainly by extractive and manufacturing industries. Certain limiting factors impede the economic development of this microregion and the implementation of its strategic development priorities. Tourism and exhibition and trade fair activities are the largest inter-industry complexes with a significant multiplier effect on the local strategic goals. The research featured tourism and exhibition and trade fair activities as both interconnected and independent complexes that stimulate the economic growth, increase employment, and improve the quality of life in the Russian Far East. The authors assessed the regional potential for tourism, recreation, exhibitions, and trade fairs based on all resources available, their territorial combinations, the local economic turnover, and the needs of the local population and tourists. The analysis provides a comprehensive and systematic solution to such major issues as economic diversification, emigration, long-term economic growth, and the quality of life in the region. If the sphere of tourism, exhibitions, and trade fairs acquires substantial state support, the microregion will be able to implement a number of breakthrough projects in these industries. The Russian Far East will be able to meet the goals of its strategic development only if the federal and local authorities realize the socio-economic importance of tourism, industrial exhibitions, and trade fairs.

CONSTRUCTION ECONOMICS AS AN INDICATOR OF MACROECONOMIC TRENDS

The article considers the dynamics and vectors of the construction development on a country and global scale, in the context of the macroeconomic impact and in the conditions of the corresponding dynamics of the environment. The role of sustainable construction in the modern world is shown. The role of the construction in the national wealth and well-being of individual countries is assessed. It is shown that investments in the construction produce a significant multiplier effect. Based on statistical data, it has been demonstrated that an increase in investment in housing construction can become a multiplier for the development of many related industries and regions, and one of the foundations of economic growth, including in the context of digitalization of the construction and the development of green building.

ЄВРОПЕЙСЬКИЙ ДОСВІД ТА РОЗВИТОК МИСЛИВСЬКОГО ГОСПОДАРСТВА УКРАЇНИ

Formulation of the problem. Implementation of Ukraine's strategic course for integration into the European Economic Area requires reforming and reformatting of most spheres of the national economy, including the hunting industry, which is becoming more and more relevant in connectio n with specific environmental and social problems. The purpose of the article . Study of the current state of the hunting industry in Ukraine, analysis of the positive experience of European countries in the implementation of modern models of state policy i n the field of hunting and determination of the possibilities of its application in the conditions of Ukrainian realities. The purpose of the article. In addition to the problems and unresolved issues in hunting, the development of this industry is also ha mpered by the imperfection of the regulatory and legal framework. In Ukraine, the state management of the hunting economy is carried out by the Ministry of Agrarian Policy and Food, and the main organization that unites hunters is the Ukrainian Society of Hunters and Fishermen (UTMR). Studies confirm that the hunting grounds of Ukraine are characterized by low productivity compared to the grounds of other European countries. For example, the density of ungulates is only 0.06 heads/1 thousand ha, which is te n times less than in European countries. Conclusions. The importance of this industry for small local farms, especially in non industrial zones and territories, is difficult to overestimate. The development of hunting has a significant multiplier effect, a ffecting related industries, such as transport, restaurant and hotel business, crafts, food production, shooting sports, etc. hotel business, crafts, food production, shooting sports, etc.

ANALISIS PENGEMBANGAN DAN KELAYAKAN USAHA OBAT TRADISIONAL JAMU MASYARAKAT KABUPATEN KULONPROGO

On the economic side, the herbal medicine industry has contributed greatly to national income, increasing people’s welfare and providing employment opportunities. Approximately 99% of herbal ingredients are domestic products and are considered capable of bringing a significant multiplier effect in economic growth in Indonesia, starting from the upstream sector (agriculture) to the downstream sector which includes industry and trade. However, along with the incessant variety of medicines (pharmaceuticals and imported herbal medicines) that are circulating and appear to be attractive to the public, it is not impossible that the demand for herbal medicines as traditional medicines in the last five years has tended to decline. Considering that herbal medicine is a product of the nation’s cultural heritage and has contributed greatly to the creation of domestic workers, the herbal medicine industry, which incidentally is a small and medium industry, must continue to exist amid increasingly fierce competition. Kulonprogo Regency has quite a number of diverse herbal and traditional medicinal plants businesses, most of which are classified as UMKM.. In general, the business diversity is divided into four types of businesses, namely, (1). Liquid herbal medicine business; (2). Herbal medicine business; (3). Herbal dipping business; and (4). Business of herbal tablets/capsules. In order to survive, they need to find some business strategy development to remain viable and profitable. Based on these problems, it is necessary to research the Feasibility and Development Analysis of the Traditional Herbal Medicine Business of the Kulonprogo Regency, with the aim of finding several development strategies and business feasibility. The sample was randomly selected as many as 30 traditional herbal medicine business actors in Kulonprogo Regency. Through the results of the SWOT analysis, there are several business strategies, including (1). Increasing the scale of production and business scale, (2). Following the development of market trends, (3). Marketing innovation and market expansion. (4). Development of licensing legality (certification), such as the legality of an official distribution permit, and being under the guidance of the health office/BPOM. Meanwhile, based on the business feasibility analysis using the Payback Periode (PP) and Benefit Cost Ratio (B/C) method, the liquid herbal medicine business, the brewed herbal medicine business, the dipping herbal medicine business, and the herbal tablet business, capsules are feasible

Financing national scale energy projects in developing countries – An economy-wide evaluation of Ghana's Bui Dam

Large energy infrastructure can imply special financing arrangements between governments in developing economies and investors or lenders. These arrangements can lead to economy-wide and sector-specific impacts which need to be considered in the project economic evaluation. By considering the case of the Bui Dam in Ghana, we use a macroeconomic approach to determine how the economic performance of critical energy infrastructure manifests during the construction, financing and operation phases. The analysis uses an integrated modelling framework that combines a Computable General Equilibrium (CGE) model of Ghana with a water balance model of the Lower Volta River Basin. The results highlight the importance of including indirect and induced effects, in addition to the direct effects from project operation, as they influence the scale and temporal evolution of the economic impacts. The collateral from the infrastructure loan agreement consisting in cocoa exports to China nearly doubles the project's positive GDP impact and has a significant multiplier effect over urban and rural household income compared to a standard commercial loan. We finish with a discussion of how the proposed investment-oriented modelling framework can contribute to ex-ante strategic assessments of proposed energy infrastructure in developing countries.

Economic benefits of resilient pastures

An improvement in the resilience of New Zealand pastures will have significant economic benefits to the country. The renewal of pastures on-farm is an important aspect of this resilience, which involves a range of costs and benefits. This paper illustrates three aspects of these costs and benefits:(i) That the cost of growing pasture can be substantial, with a combination of direct and indirect costs;(ii) Modelling of an increase in re-grassing level on a representative dairy farm, from 8% to 15% per year, showed a significant Net Present Value and Internal Rate of Return; and(iii) The increase in costs and benefits on-farm, also show a significant multiplier effect on the wider regional economy.

Strategic Directions of Tourism Industry Development in the Digital Economy

Tourism and the hospitality industry is a strategically important sector of the economy with a significant multiplier effect, performing a number of important functions to ensure the inte- grated development of the territory. The strategic priorities for the development of the industry should be implemented in the formalized document of the Strategy that brings tourism to a new stage of development, focusing all the state’s resources on achieving Russia’s strategic goals in this tourism industry. The significant natural, recreational, cultural potential of our country is an indisputable competitive advantage in determining and approving the strategic directions of tourism development. The purpose of the article is to propose strategic vectors for transforming the tourism in- dustry, determined in response to the crisis in the economy and the global trend of digitalization: restructuring the business model, changing the product strategy towards technology, building a new marketing strategy with the help of modern ICT, changing the requirements for the tourism industry personnel, development of a new communication strategy in response to the changing behavior of the tourist himself. Comprehensive development of the tourism industry is possible only with a strategic transformation of all these areas.

Innovation and entrepreneurship for sustainable development: Lessons from Ethiopia

This study explores whether and how innovation policy concepts can be adapted to address the needs of low-income developing countries and how they can advance their sustainable development objectives, such as economic growth, increased productivity, entrepreneurship, and job creation. We devise a conceptual approach for ensuring the advancement of innovation and entrepreneurship in low-income countries, design and test a methodology for implementing the conceptual approach, and utilize the case of Ethiopia for demonstration. The Ethiopian case is noteworthy due to a combination of various factors—high economic and demographic growth over the past years, acute need for job creation and focus on marginalized and vulnerable groups in society, need for regional and spatial planning focus, and relatively weak performance in innovation.Considering the challenging conditions in Ethiopia, we assess the conditions for innovation and entrepreneurship promotion in low-income countries. Moreover, we test the performance of seven ecosystem factors (finance, human capital, infrastructure, information, academy, government services, and culture) through key informant interviews, focus-group discussions, and questionnaires involving all ecosystem actors: government, academic and research institutions, and business leaders. Each factor is evaluated using 91 variables. Two aspects are evaluated for each variable on a 1–5 scale: the perceived importance of the variable for innovation advancement, and the current availability of the variable in Ethiopia. The gap between the two scores indicates the “frustration” level of the respondents.The findings indicate a challenging economic situation and low innovation level, but simultaneously high potential for growth—based on a growing market, significant GDP growth, and considerable government commitment and efforts. The ecosystem analysis results show that respondents attributed high importance to all ecosystem factors, but expressed frustration due to the low availability of the factors, as well as their weak interaction within the ecosystem—low coordination between government, industry, and academia; insufficient coordination within government; and low interaction among businesses.Based on the analysis results, several directions for innovation and entrepreneurship policy guidelines are derived.1. Adoption and adaptation. The innovation policy of low-income developing countries should not focus on new knowledge creation. The policy should instead support the adoption and adaptation of incremental innovations, which may have a significant multiplier effect, thereby generating jobs, affecting a numerous consumers and enterprises, and enhancing economic growth.2. Impact innovation. The innovation strategy of low-income countries should aim to generate an impact on broad segments of the economy. Priority should be given to innovation types in sectors that can lead to major economic impacts and boost productivity and employment—for example, in agriculture, traditional industry, and small and medium-sized enterprises (SMEs).3. Demand-oriented innovation. Demand-oriented innovation, rather than supply-oriented innovation, focuses on market needs. Instead of encouraging technology push, the innovation policy should focus on market pull, respond to people’s unmet needs, and support privatization.4. Spatial innovation. Innovation policies in a low-income country should adopt the concept of “concentrated dispersal” of innovation activities, thereby providing special grants or funds to SMEs in specific regions or supporting impact investments in priority regions.5. Government coordination. The innovation capabilities of ecosystem actors are strengthened through mutual learning processes and by facilitating interactions among stakeholders in the innovation community. Therefore, supporting innovation, particularly in a low-income country, necessitates a governmental coordination platform that would set up development priorities, strengthen coordination and collaboration among the ecosystem factors, and provide appropriate regulations, infrastructure, and financial and legal services.

MECHANISMS AND DIRECTIONS FOR INCREASING THE LEVEL OF INNOVATIVE DEVELOPMENT OF THE OIL AND GAS COMPLEX OF RUSSIA

The article describes one of the important directions of increasing the level of innovative development of the oil and gas complex of Russia - the development of hard-to-recover hydrocarbon reserves (HTR). The search, exploration and development of hard-to-recover reserves can bring the domestic oil and gas and related industries to a new level of technological development, provide a significant multiplier effect for related industries, and create new jobs and infrastructure. The authors estimated the share of HTR in modern oil production, analyzed the dynamics and structure of hydrocarbons of special quality and conditions.