The Environmental Factor of Economic Development in the Russian Arctic

The Environmental Factor of Economic Development in the Russian Arctic

Russia has announced ambitious development plans for its Arctic zone, but they inevitably involve environmental risks for which the Russian Arctic is not always prepared. These are climate change, pollution of marine waters from oil and chemical compounds, and degradation of the ecosystem. The ideas...

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Bibliographic Details
Published in:Problems of economic transition Vol. 58; no. 10; pp. 847 - 863
Main Authors: Makarov, I.A., Stepanov, I.A.
Format: Journal Article
Language:English
Published: Routledge 02-10-2016
Subjects:
Arctic
climate change
international environmental cooperation
oil spills
Online Access:Get full text
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Summary:Russia has announced ambitious development plans for its Arctic zone, but they inevitably involve environmental risks for which the Russian Arctic is not always prepared. These are climate change, pollution of marine waters from oil and chemical compounds, and degradation of the ecosystem. The ideas relating to plans to develop the Arctic region and, above all, the construction of offshore fields should be revised, taking into account the environmental hazards, which should resonate not only with environmental organizations but also with economists. The current moment is economically and politically unfavorable for this activity.
ISSN:1061-1991
1557-931X
DOI:10.1080/10611991.2016.1290437