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At the current stage of social development, particular attention is drawn to studies that assess 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...

With its exclave 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...

Current relations between Russia and Latvia are still influenced by a series of mutual claims that appeared after the demise of the 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...

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 experience in reacting to changes in conditions of...

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 development of nuclear power in the eastern part of the Baltic Sea is indicative of the effectiveness of political and economic cooperation in the region. The author believes that Russia and the three Baltic States of Estonia...

Nowadays, one of the principal dimensions in attraction of the world economy structures is coastal territories as spaces where marine potential of a state is most pronounced. In this respect, it is vital to set the priorities of development of coastal zones taking into account the changes in the strategic situation in order to maintain the components of marine potential of the Russian Federation at the level of its national interests. The article aims to develop an indicator system of assessment...

The Eurasian Economic Union (EAEU) plays a significant role in shaping a new global order based on the principles of innovative development, transregionalism, integration, and international cooperation. In the context of global regionalization and intensifying international competition, the EAEU represents a unique model of economic integration that unites countries with diverse internal systems in pursuit of common strategic goals—both economic and political. Unlike traditional models of economic...

The uniqueness of a territorial socio-economic system lies in the specific features of spatial networking of economic entities that form clusters of excellence and ensure the competitiveness of the entire system. Identifying the key elements of territorial capital is a global challenge faced by modern regional policy. I analyse the background for, and limits to, the development of a spatially targeted regional development policy. Lithuania’s so-called valleys – integrated centres for research and...

Marine spatial planning has been widely applied in the leading maritime countries. However, it is not so common in Russia, since the relevant legal framework is largely absent. Spatial planning shares a number of features with marine planning, especially when it comes to the tools, principles, and methods. The differences mainly concern characteristics of the planning object; principles of delineating the borders of territories and water areas; and the authorities responsible for regulation. The...

Cross-border cooperation as a type of interregional interaction is becoming a significant factor in the development of border regions. It can be viewed as a result of intensification of cross-border contacts and greater economic openness of cross-border regions. Thus, the roots of current development are quite easy to pinpoint. However, assessment of the impact of cross-border cooperation on the development of border regions appears to be a research challenge. In this paper, we offer an approach...

The article analyses the attitude of a Latvian university’s graduates to wealth and means of its acquisition, as well as their assessment of their own economic status and preferred moves in case of unemployment. The author estimates the university graduates’ personal capabilities; their interests, skills and qualifications, the extent of their reliance on their own initiative and resources, and their confidence about the future. The article defines the graduates’ economic interests forming motivations...

Dramatic geopolitical and geo-economic changes occurring since 2022 have created a new development context for Russian border regions redrawing their economic security boundaries. The latter are also changing, which is understood as the required level of security in the current mode of functioning of the territorial system in terms of its openness or closeness. These regions, especially ones located along the northwestern borders, geo-strategically gain more military and political importance for...

Given the combination of the basic territorial growth factors, the coastal regions of the European part of Russia, where large urbanized spaces have already been developed or are being developed, are of the greatest potential compared to other regions of the country. It makes perfect sense to set up large economic centers capable of harnessing the benefits of agglomeration and seaside factors in such regions. A tool to improve the level of economic deve­lop­ment and investment attractiveness of these...

The article focuses on the issues of innovative development of coastal ag­glomerations, as advancement drivers for the regions of Southern Russia, which experience a reduction in contact potential in modern geo-economic conditions that complicates international economic and technological coopera­tion. The aim of the study is to identify the specifics of the information metab­olism processes as the basis of innovative development taking place in the Ros­tov agglomeration being the largest coastal...

The study clarifies the concept of spatial networking inherent of various forms of interactions within the territorial socio-economic system of a region. The author offers a classification of spatial networks, identifies and describes types of spatial boundaries of different types of territorial communities: geographic, organizational, cognitive, cultural, institutional, social and technological. The complex of factors and conditions that influence the dynamics of the boundaries of spatial networking...

The majority of EU member states, for which the excessive budget deficit procedure was introduced in 2009, managed to eliminate the deficit of their national budgets in September 2017. The EU started a reform of its subsidiary legislation in 2011 and introduced significant changes to the excessive budget deficit procedure. The article analyses the stages of the excessive budget deficit procedure, particularly those having new and much tougher requirements. The author describes the degree to which...

The Kaliningrad region is a border and a coastal area in one. Such a combination of geographic features affects the development of this exclave region of Russia. The maritime status has a direct and indirect positive impact on the sectoral structure and the pace of economic growth. The role of the borderline situation is ambivalent: if the relations with neighboring countries and the EU as a whole are favorable, then cross-border links that promote competitiveness and socio-economic development of...