The development of small innovative enterprises through harmonising economic interests
The harmonisation of economic interests is one of the essential preconditions for the development of enterprises, including small ones. As practice shows, the harmonisation of major interests of small innovative business requires not only market instruments, but also state ...
The dynamics of agricultural land use in the North-West of Russia and the Baltic countries
... expansion and contraction, intensification and transition to extensive agricultural production are caused by combined influence of natural, socio-economic and political factors. The periods of decline in agricultural land use coincided with years of economic and political crises. The onset of periods of recovery matches a change in state policy, general economic growth and a rise in the technological level of agriculture, as well as changes in the domestic and foreign markets. Over the past decade,...
Commodity flow model for an exclave region: Rent-seeking in the ‘transitional period’ of the special economic zone
This article focuses on a commodity flow model for an exclave region (CFMER). The CFMER development is aimed at identifying aggregate proportions of the exclave’s economy in the transitional period of the special economic zone (SEZ) functioning. The key method of analysis is the comparison of data on the generation of gross regional product and regional foreign economic activities (including export and import of goods and moving goods from/into the Kaliningrad ...
Does corruption influence the sustainability of economic growth?
Sustainable development is a term that is widely used by politicians nowadays. The definition of the concept of sustainable development is constantly revised. Sustainable development is about promoting an integrated approach. It includes economic, social and environmental objectives. Economic objectives include growth, efficiency and stability. The main purpose of the article is to analyze the influences of corruption on sustainable economic growth. The impact is decreasing continuously ...
Clusters in the institutional perspective: on the theory and methodology of local socioeconomic development
... systems with fuzzy boundaries that stimulate the development of these systems. The author analyses the influence of the inductive approach to the formation of cluster theory and juxtaposes different typologies of clusters and other types of localized economic systems. The article offers an overview of the existing methodological approaches to the problem of cluster identification and emphasises the major role of institutional dimension in the identification (and functioning) of clusters, especially ...
Agents approach to the state economic policies in the condition of fundamental uncertainty
The article analyses approaches to understanding the term "economic policies". The author proceeds from the fact that the state acts as a specific economic agent and, being the economic agent, on the one hand has the right to establish formal institutions of the national economics, and on the other hand,...
Modern understanding of ‘geoeconomic position’ and the Saint Petersburg agglomeration
... At the same time, the specific features of the region’s geoeconomic position magnify the ‘inherited’ ad acquired effects of focal industrialization and space polarization, which creates additional prerequisites for the inversion of the Russian economic space — ‘Russia of the physical space’ and ‘the economic space of Russia’. The study uses traditional methodology of economic geography (the territorial, cluster, and spatial approaches) and the geoeconomic approach developed by the ...
The impact of monetary policy regimes on economic development: results of an in-house economic experiment
The article analyzes the approaches to understanding the term “economic policies”. The author proceeds from the fact that the state acts as a specific economic agent and, as such, on the one, is eligible to develop formal institutions of the national economy, and on the other hand, it itself is one of the elements ...
The historical aspects and current issues of the development of Russian-Lithuanian economic relations
This article focuses on development of Russian-Lithuanian economic ties. The research and practical significance of this study lies in the identification of the sources of modern Russian-Lithuanian economic cooperation and the prospects of future mutually beneficial economic relations. The first attempt at establishing ...
Major infrastructure projects and the foreign policy of the Baltic states in 2010—2014
... major infrastructure — and thus political — projects aimed at a qualitative breakthrough in the socio-economic development of the countries under investigation. The scheduled multi-billion investments into energy sector are of political rather than economic nature. The projects to develop alternative power grids and high-speed railways can result in large-scale economic downturns diminishing the prospects of balanced social development. The author addresses the classical concepts of the theory of ...
Geography and economy of the Kaliningrad region: limitations and prospects of development
... status, the Kaliningrad region has been drawing attention of many researchers in different fields. Yet the prospects for cooperation between the region and neighbouring communities in Poland and Lithuania, which once constituted an integrated social, economic and political space, remain unclear. Media analysts and scholars alike tend to view the Kaliningrad region as “double periphery”, since it is excluded from major modernisation processes both in the European integration zone and in the Russian ...
Current problems in Russian-Latvian relations
... USSR. Latvia — as well as Estonia and Lithuania — is both an EU and NATO member state. However, unlike the above mentioned countries, its relations with Russia are developing at a more pragmatic level. Numerous political differences often result in economic losses both for Latvia and Russia. Despite the fact that Latvia has been an independent state for more than 20 years, there are still some unresolved issues in its relations with Russia. Today, relations between the two countries are often viewed ...
The development of Kaliningrad regional economy: A new stage of restructuring
The Kaliningrad region is developing in complicated exclave conditions, which results in insufficient resilience of its economy to external impacts. There is a need for constant monitoring of the economic situation in the region and the adaptation of the regional strategy to changing conditions. This article sets out to evaluate the stages of regional economy development and the methods of its modernisation and restructuring in view of accumulated ...
The prospects of nuclear power development in the eastern part of the Baltic Sea region as a factor of the formation of international relations system in the region
The current development of economic diplomacy in the world is determined by a combination of globalization and regionalization. In addition, it has an economic dimension. At the same time, the Baltic Sea region demonstrates large-scale politicisation of economic cooperation. The ...