The Baltics on Their Way towards a Circular Economy
Circular economy has been studied extensively both in Europe and worldwide. It is largely viewed as a potential strategy for societal development, aimed to increase prosperity while reducing dependence on raw materials and energy. Many businesses regard circular economy as a way to enhance economic growth and increase profits. Governments across the world actively engage in the discussion about the benefits of a transition to a circular economy and about its impact on employment, economic growth...
The development of the legal framework of Russian economy: the formulation of the problem
This article explains the need for the construction of an integral legal framework for Russian economy and considers its principal problems.
Основы национальной экономики. М., 1996.
Тезисы о правовой реформе в России // Законодательство и экономика. 2004. №
Институты, институциональные изменения и функционирование экономики. М., 1998.
Baranovskaya Ye. A.
elements of legal framework of economy, modernisation of Russian economy
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 experience in reacting to changes in conditions of...
Key Directions of Sectoral and Spatial Changes in the Russian Industry
This article considers major trends in the spatial and sectoral structure of national production and analyses the patterns of transformation of industrial systems into integrated industrial complexes, which show higher efficiency in transit condiétions. The author presents a new approach to studying the structural transformation of industrial systems during the transition of the national economy, which will make it possible to identify major trends in national production. The article seeks to draw...
Towards a Stable and Dynamic Economy in the Kaliningrad Region
... Local Models of Dévelopment, Pavia, Gianni Iuculano Editore.
29. Eskelinen, H., Hannibalsson, I., Malmberg, A., Maskell, P., Vatne, E. 1998, Competitiveness, Localised Learning and Regional Development: Specialisation and
Prosperity in Small Open Economies, Routledge, London, 256 p.
30. Karlsson, C., Rouchy, P. 2015, Regional Economic Development, Social Capital and Governance: A Buchanian Approach, CESIS Electronic Working Paper Series, no. 390, 38 p.
31. Wilson, J. 2008, Territorial competitiveness ...
Opportunities for sustainable economic development of the coastal territories of the Baltic Sea Region in the context of digital transformation
The article explores opportunities for the sustainable economic development of coastal territories in the Baltic Sea region (BSR) arising in blue economy sectors in the framework of digital transformation. The study argues that a more active commercialisation of territorial resources can facilitate the sustainable economic development of the BSR coastal territories, following digitally-driven innovations. The paper provides an overview of methodological approaches to territorial sustainability. It...
The transition process and institutions: on the issue of the standard of living in the countries of Central and Eastern Europe — members of the European Union
... Central and Eastern Europe Prosperity Report: the Lived Experience, Legatum Institute, available at:
4. Svejnar, J. 2002, Transition Economies: Performance and Challenges, Journal of Economic Perspectives, vol. 16. no. 1, p. 3—28.
5. Kolodko, G. W. 2000, From Shock to Therapy: the Political Economy of Postsocialist Transformation, Oxford, Oxford University Press.
6. Podkaminer, L....
On digitalization of the Kaliningrad region as an economic security element
Digital technologies, which have received rapid development in recent years, are increasingly integrated into modern economic and social processes. The course towards digitalization taken by most countries is determined by the onset of a new digital era, when knowledge and information are the most important resources of the economy and are the basis for innovation. However, accelerated digitalization, as well as slowed down, carries a significant number of economic, social, political, cultural,...
Institutional approach to assessing the transition to a circular economy: the case of the Kaliningrad region
The article discusses possible reasons for the failure of Russia’s waste management industry reform and highlights the ownership blurring as a factor that may hinder the transition to a circular economy, which has been proposed as one of the outcomes of the reform. This study aims to address possible obstacles to transitioning to a circular economy in the Kaliningrad region. Methodologically, the study uses instruments of new institutional economics: by comparing discrete institutional alternatives...
Introducing Sectoral Models into Regional Management: An Assessment of Regulatory Impacts on the Economy
..., 2014, available at:
26. Haidar, J. I. 2012, The impact of business regulatory reforms on economic growth, Journal of the Japanese and International Economies, Vol. 26, no. 3, p. 285—307.
27. Ju, J., Yu, X. 2015, Productivity, profitability, production and export structures along the value chain in China, Journal of Comparative Economics, Vol. 43, no. 1, p. 33—54.
28. Kaplinsky R., Morris, M....
Current trends in the development of a green finance system: methodology and practice
The concept of green growth and sustainable development is turning into a global ideology guiding the transformation of national economies. The focus is shifting from quantitative assessments of performance to rational choice conditions. Rationality is becoming the decisive factor behind sustainable green growth, and a change in the financial model that supports such growth may ...
Trade Liberalisation and its Impact on Regional Development: Theoretical and Experimental Studies
... — the assessment of the level of national or regional development — needs further research. This article sets out to analyse theoretical and empirical research works focusing on a varied spatial effect of expanding international trade on national economies and identifies factors affecting regional development. Firstly, it is established that expanding international trade is a more important source of growth for the regions of developing countries than for those of developed ones. Secondly, in ...
Improving Human Resource Training Policy for the Balanced Economic and Demographic Development of the Kaliningrad Region
Balanced economic and demographic development is vital for ensuring the dynamic and proportional development of the regions. However, Russia as a whole and the exclave region of Kaliningrad as its integral part demonstrate significant disproportions between the need for human resources and their availability. This article aims to assess the balance between the components of the regional system of demography, education and economy system. It also explores the possible solutions to the problems revealed...
The resistance of the greater Baltic region states to market cycle changes
... many researchers have shown that different economic sectors do not respond to market cycles in a similar way. Regional economic systems are a combination of many sectors, therefore a hypothesis about the correlation between the stability of regional economies and market cycles is examined. The study is conducted using the Baltic countries (hereinafter referred to as Greater Baltic Region, GBR) as an example. GBR countries have been classified into highly stable, relatively stable, unstable, and highly ...
Russia's accession to the WTO as an important factor of the country's integration into the world economy
Russia's accession to the WTO is an efficient instrument of the country's integration into the globalized world economy. However, it can adversely affect a number of enterprises and industries within the national economy. Thus, there is a need to develop a methodology for the assessment of the preparedness for operating under WTO membership conditions, which can be practically applied in the development of measures aimed at increasing the competitiveness of economic entities. This determines the...
The Baltic economic model: some results of the 1990—2015 transformations
... Studies into the nature of the economic development of the Baltic States have a considerable practical and scientific significance. On the one hand, the three Baltic States are a part of the post-Soviet space. The nature, success or failures of their economies contribute to a more accurate assessment of Russia’s development. On the other hand, it is the second decade of the Baltic States’ EU membership, and the countries’ experience is very relevant. The article identifies and analyses key characteristics ...
The opposition of naturalistic and action-oriented approach to the analysis of institutional transformations in Russian economy
This article considers two approaches to studying social phenomena — the naturalistic approach, which was formed within the natural scientific tradition, and the action-oriented approach, which was developed by the Russian methodological school. The author assesses the role of organization and system categories in the framework of these approaches as well as their applicability in finding the alternatives of institutional
transformations of Russian economy.
The effect of Covid-19 on labour migration in the CIS
... Population Studies, vol. 37, no. 1—2.
37. Lafleur, J. M., Stanek, M. 2017, EU Migration and the Economic Crisis: Concepts and Issues. In: South-North Migration of EU Citizens in Times of Crisis.
38. Kuznetsova, O. V. 2020, Vulnerability of Regional Economies’ Structure in Crisis Conditions, Federalism, no. 2, p. 20—38. doi:
39. Zubarevich, N. V., Safronov, S. G. 2020, Regions of Russia in the acute phase of the COVID crisis: differences ...
Theoretical Aspects of Cross-border Integration-based Economic Cooperation
In this article the author analyses theoretical aspects of border economy in the conditions of modern processes of integration. The author describes the existing schools and concepts of integration stressing the role of government regulation relating to the deformations in the development of the world economic mechanism. Modern studies focus on the evolution of integration processes, which has largely affected the key elements of the world economic mechanism from classical political economy, monopoly...
The potential of structural changes in the economy of the Kaliningrad region
The issue of structural policy in the Kaliningrad region remains pressing. Russia’s commitment to modernisation based on innovative development, overcoming the dependence on raw materials, and the current crisis phenomena require a transformation of the structure of region’s economy.
An effective structural policy requires assessing the structural transfor-mation potential, identifying the rates and criteria of structural changes, and developing a mechanism of reforming the structure of economy...
Modern understanding of ‘geoeconomic position’ and the Saint Petersburg agglomeration
This article presents a modern interpretation of the concept of ‘geoeconomic situation’ as applied to one of the most important centers of the Baltic region — the St. Petersburg agglomeration. The coastal location of the agglomeration and close connections with the Leningrad region make it possible to consider the Saint Petersburg coastal region (Baltic Area) as a whole. The article sets out not only to verify, confirm, and explain the features of the geoeconomic position of the coastal region, but...
Transboundary Clusters in the Coastal Zones of the European Part of Russia: Inventory, Typology, Factors, and Prospects
... 56 clusters identified are located in the Kaliningrad region and another eight in Saint Petersburg and the Leningrad region. The authors describe major catalysts and immanent inhibitors in coastal zones. The former include a high density of coastal economies, proximity to international markets, and better logistics and communications. The inhibitors comprise geopolitical risks and institutional barriers. It is shown that the potential and prospects of transboundary clustering are affected by both ...
Human Resource Efficiency as a Development Factor for the Kaliningrad Economy
Various studies of economic and geographical relations in Russian regions often overemphasise the role of economy. However, the quality and quantity of human resources is one of the key factors behind distribution and development of production. Human resources are of even more importance in the Kaliningrad exclave. This paper aims to increase understanding of the role of human resources in the economic development of the Kaliningrad region. The study uses the cohort component method, scenario-based...
Structural Changes in the Economy of the Russian Northwest: Spatial Dimension
... economic transformations in the Russian Northwest (NWFD). It studies the changes in the structure of the gross regional product (GRP) and economic specialization of the NWFD regions. The authors suggest approaches to managing structural changes in the economies of the NWFD regions. The authors propose a new method for the identification of the regional economic specialization on the basis of the reginal economy sectoral development rate. The article describes a methodology for identifying the development ...
The fifth wave of the European Union enlargement: pro et contra
This article analyses the principal complex of economic and political motivations of the states of Central and Eastern Europe and the EU members related to the EU enlargement towards the East. Special attention is paid to the discussion on the reasonableness of the EU enlargement and the positions of certain EU members.
1. Borchardt K.-D. 1994, Azbuka prava Evropejskogo soobwestva [ABCs of European Community], Мoscow.
2. Butorina, О. 2004/2005, Novye evropejcy v novoj Evrope [New Europeans in the...
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 region to other Russian regions). It...
The Kaliningrad region: the characteristics of the 2008—2009 economic crisis and possible ways of overcoming it
This article analyses the causes of the economic decline in the Kaliningrad region in 2008—2009, which was sharper than the Russian average. The author suggests a number of measures aimed to mitigate the consequences of the crisis, expedite its termination, facilitate the return of economic growth and find solutions to social problems
стал первым по выпуску иномарок в России //
2009-12-28. URL: http://autodaily. ru/news/main_news/6410.html?comments (дата обращения:...
Innovation performance of Russia’s Northwestern regions: a comparative evaluation
29. Stanković, J., Veselinović, I., Stojković, N. 2020, DEA Assessment of Socio-economic Development of European Countries, Management: Journal of Sustainable Business and Management Solutions in Emerging Economies. doi:
30. Yang, Z. 2013, Empirical analysis of regional development level based on DEA model, International Journal of Applied Mathematics and Statistics, no. 51, p. 272—280.
The concept of “network” in the system of basic concepts of regional economic geography
The concept of “network” is traditionally used in sociological and economic sciences and serves as an in important object of research on the organisational forms of different phenomena and processes. This article examines the use of the “network” concept in socioeconomic geography through identifying the place of this concept in the system of traditional concepts of this branch of geography: spatial system, territorial production complex, and cluster. The interaction between networks on a certain...
The theoretical aspects of adapting the Kaliningrad region’s economy to the WTO requirements
This paper analyses the risks and expected benefits associated with the transformation of the Russian economy in line with the WTO requirements and provides a theoretical framework for the adaptation of the Kaliningrad region’s economy to Russia’s membership in the WTO.
1. Об Особой экономической зоне в Калининградской области : федеральный закон № 13-ФЗ от 22.01.1996 г. [Электронный ресурс]. Доступ из справ.-правовой базы «КонсультантПлюс».
2. Об Особой экономической зоне в Калининградской области...
The role of transit in the economy of Latvia
Transit is an important issue in the history of world economy, including the economy of Latvia. Transit makes a significant contribution to the budget of many transit countries, one of which is the Republic of Latvia. These countries do not have significant natural resources and prefer to focus on logistics and infrastructure in order to facilitate the transit process. This article focuses on the role of transit in the economy of Latvia, whose unique geographical position makes the country an effective...
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 economic relations was made in 1919. However, young Lithuanian Republic gravitated towards the West, severing ties with the Russian market. However, the initiatives of Lithuanian authorities...
Country Competitiveness: an Empirical Study
... Hospitality and Tourism, Vol. 16, no. 1, p. 61—75.
23. Larsen, E. 2010, Creating Nordic Capitalism: The Business History of a Competitive Periphery, Enterprise and Society, Vol. 11, no. 3, p. 636—638.
24. Markusen, J. R. 1894, Multinationals, Multi-plant Economies, and the Gains from Trade, Journal of International Economics, Vol. 16, no. 3—4, p. 205—226.
25. Markusen, J. R. 2004, Multinational Firms and the Theory of International Trade, Cambridge.
26. Markusen, J. R. 2013, Putting per-capita income ...
The role of the river Rhine in the formation of spatial structure of the economy of European countries (1st century BC — 19th century AD)
... colonization until the beginning of the 20th century. The author emphasizes the role of the River Rhine in the course of territorial structure formation. This study aims to retrace the historical sequence of the formation of territorial structure of economies of the Rhine basin countries. The research and practical significance of the work lies in the identification of the periods of increased activity in the formation of spatial structural communications of the states mentioned. The author applies ...
Interorganisational networking as the principal form of technological, innovative and research cooperation between Russia and the European Union in the Baltic region
This article concerns the role that international cooperation in research, technology, and innovation plays in ensuring innovative development and producing an innovative model of the Russian economy. One of the key objectives of the country’s integration into international research, technological, and innovative space is the development of Russia-EU cooperation in the Baltic region. It is established that, with the development of integration connections and regionalization processes, interorganizational...
Innovative economy in the Baltic Sea region
... region of new development], Moscow, Ves’ Mir.
17. Mattsson, L. G., Pettigrew, A. M. 1987, Management of Strategic Change in a «Markets-as-Networks» Perspective, Oxford, Blackwell.
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19. Dahmen, E. 1950, Entrepreneurial Activity and the Development of Swedish Industry, 1919—1939, Stockholm.
20. Mindich, D. 2011, Trojnaja spiral' po-shvedski [Threefold spiral in Swedish], Expert, no. 35.
Factors and risks of modern ecionomic dynamics: post-crisis tendencies in Russia
Russian economy is overcoming the crisis; its further restoration and growth depend on different factors: abrupt and not always predictable changes in the world economic situation, dynamics and fluctuations of oil prices, inflow and outflow of capital from financial markets, and other external economic and political factors. However, there is increasing awareness that the restoration and growth largely depend on internal fundamental factors: modernisation of economy and the prospects of increase...
Monotowns: A New Take on the Old Problem
The authors of this paper propose an approach to studying risk management in the most vulnerable monotowns that would account for the relations between major stakeholders and use the tools developed in the framework of the new institutional economic theory. Having compared the existing definitions of the “monotown” concept, the authors present their own approach. They identify key reasons behind monotown vulnerability and systematize stakeholders’ risks. The authors then posit that a study of monotown-...
The strongholds of Russian coastal borderlands: economic dynamics amid geopolitical turbulence
In the 21st century, the World Ocean is becoming a key factor in global socio-economic dynamics and a geoeconomic and geopolitical priority of many countries. The Russian Federation, whose economy, infrastructure, and settlement system have been gravitating towards the sea since the late 1990s, is no exception. This article aims to identify and provide a conceptual framework for the phenomenon of Russia’s coastal borderlands and their constituent ‘strongholds’. It also explores the factors and features...
The concept of improving the methodology of exclave region's economy management on the basis of investment programming
... учебник. 4-е изд. М., 2011.
7. Райзберг Б. А., Лобко А. Г. Программно-целевое планирование и управление : учебник. М., 2002.
Kasimova T. V.
exclave region, management of regional economies, investment
processes, investment programming
The assessment of labour demand of Russian economy in view of the prospective regional socio-economic development
The increase in the efficiency of migration processes control in Russia, in particular, in order to ensure reasonable engagement of international workforce requires a clear and intelligible scheme outlining the needs of Russian regions for additional inflow of migrant workers. It is necessary to take into account both the contemporary socioeconomic situation in the regions and their prospective opportunities for accelerated transition
to innovative development. The article offers a system of indices...
Opportunities and Challenges of Large Investment Projects in the New Economy: the Port of Ust-Luga
The aim of this study is to search for a mechanism for implementing large investment projects of crucial economic importance in the modern economic conditions characterized by the sanction policy of foreign states, limited public investment, and a mass exodus of foreign investors. An example of a large-scale investment project is the construction of a multipurpose multimodal complex — the commercial seaport of Ust-Luga. This is one of the most recent large projects in seaport infrastructure development...
Spatial structure and development of settlements in the Saint Petersburg agglomeration
This article explores the spatial structure and development of settlements comprising the Saint Petersburg agglomeration. Previous studies and database sources, which were never used before (the Federal Tax Service [FTS] database and SPARK-Interfax), are analysed to reveal factors in the economic development of metropolitan areas as well as to understand how settlements develop in Russia’s second-largest city agglomeration. The borders and composition of the Saint Petersburg agglomeration are brought...
Entrepreneur’s trust in banks in terms of behavioural economics
This article considers the issues of trust in banks in terms of the rationality of clients’ behavior and behavioural economy. The author’s empirical study of 370 owners of small and microfirms located in the Warmian-Masurian voivodeship suggests that approximately 69 % of the respondents prefer the services of Polish banks (or those dominated by Polish capital) and 10.1 % prefer banks with foreign capital. The rest of the respondents (20.9 %) have no particular opinion on the subject.
The assessment of research and technical potential in the framework of the innovative model of development of regional economy
This article considers the research and technological potential and the innovative activity in a specific region of Russia — the Kaliningrad region. The authors assess its research and technological potential, and the achieved level of innovative activity in the Kaliningrad region as prerequisites necessary for the implementation of an innovative model of economy. This work identifies the problems of the research and technological potential development of the region, as well as a low level of development...
Inter-organizational networks as seen by western economic sociology: An analysis of theoretical approaches
This paper analyses theoretical approaches to studying interorganizational networks offered in foreign economic sociology. The authors describe main conceptual problems, the key aspects of network form of interorganizational interaction, and embeddedness effects.
1. Alter C., Hage J. Organizations working together. Newbury Park, 1993.
2. Benson K. J. The Interorganizational Network as a Political Economy // Administrative Science Quarterly. 1975. Vol. 20, № 2. P. 229—249.
3. Bourdieu P. The forms...
The Policy of Regional Convergence in Russia-Belarus integration: Prospects for Development
... membership in economic and monetary unions give a new impetus to consolidation. The study aims to identify and explore the problems of political governance, which the Union State of Russia-Belarus faces due to their asymmetric and not completely compatible economies. The author analyzes the process of interstate convergence, considering it as an essential part of integration and explores a number of specific characteristics underlying the Russian-Belarusian economic integration. The author offers a set ...
Clusters in the institutional perspective: on the theory and methodology of local socioeconomic development
... considered against the background of the identification of institutional levels, whose full development makes it possible to speak of the formation of clusters as most successful mesoeconomic systems. At the same time, the author emphasizes that, in economies gravitating towards the market type of organisation, the development of mesoeconomic systems is closely connected to competition for innovative rent. The article outlines the methodology for cluster studies, which makes it possible to consider ...
Scenarios of increasing the economic efficiency of the Kaliningrad regional transport system
The development of the considerable transport and logistics potential of the Kaliningrad region is hampered by several factors. This problem, to which we will refer to as a transport deadlock effect, translates into the limited contribution of transport to the regional economy. Particularly, it manifests itself at the level of regional gross value added, where the contribution of transport is much smaller than one might expect given the significant role the industry plays in the economy of the region...
The boundaries of the territorial community
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...