scholarly journals Trade Interactions between the Russian Far East Regions and Asia-Pacific Countries: Assessment of Potential

2019 ◽  
Vol 6 (5) ◽  
pp. 6-30
Author(s):  
Dmitry Izotov ◽  
◽  
Kiril Tochkov ◽  
2020 ◽  
Vol 6 (Extra-C) ◽  
pp. 320-325
Author(s):  
Elena V. Konvisarova ◽  
Tatiana A. Levchenko ◽  
Vadim V. Shcherbakov ◽  
Ilia S. Vzdorik ◽  
Maxim N. Kriuchkov

The purpose of the study is to determine the ways which intensify the investment activity of enterprises in the Russian Far East. They performed the comparative analysis of the rating methods used in the Russian Federation to assess the investment attractiveness of the regions. It was revealed that a common characteristic of the analyzed methods is to consider the infrastructural factor and their institutional environment, and, in particular, the presence and quality of the business support infrastructure. These factors directly affect the investment attractiveness of a single enterprise and project, as they form the investor's attitude. To increase the investment attractiveness of the Russian Far East regions, it is necessary to use the experience of the Asia-Pacific countries. The work formulated recommendations on the application of Chinese experience in relation to Russian territories with preferential economic regimes. To solve the problem of efficiency, increase and intensity the investment activities of enterprises, the concept of management. accounting tool application is proposed.    


Author(s):  
Marina N. Khramova ◽  
◽  
Dmitry P. Zorin ◽  
◽  

In the current geopolitical conditions and fierce competition in world markets from such dy-namically developing countries of the Asia-Pacific region as China, Vietnam, Thailand, Singapore and a number of others, the preservation and increase of human capital in the regions of the Far Eastern Federal District is of a strategic nature. To ensure the national security and integrity of the country, to strengthen Russia's position in the Asia-Pacific area, the role of the Far East regions comes to the fore. However, the pronounced processes of depopulation of the population of the Far East regions and the stable migration outflow of the working-age population to other regions of Russia and abroad call into question the implementation of many tasks for the sustainable socio-economic development of this macro-region. The regions of the Far Eastern Federal District are already experiencing a shortage of qualified personnel in several industries. This deficit, in the absence of a governmental long-term strategy in the field of human capital formation, will not allow Russia to compete with the fast-growing economies of Asia-Pacific countries in the future. In this article, we analyze the opportunities and potential risks of human capital development through the prism of demographic processes occurring in the regions of the Russian Far East. Based on modern data on fertility, mortality, age-sex structure of the population, trends in interregional and international migration we conclude that for the growth of human capital and sustainable economic growth, the necessary conditions are: the development of transport and social infrastructure of the macro-region, the development of programs of labor mobility of the popu-lation, attracting young people through the educational migration channel, attracting international migrants from the CIS countries as well as from Asia-Pacific countries with a level of education and qualifications corresponding to the economic specialization of the regions of the Far Eastern Federal District.


Author(s):  
Дмитрий Изотов

В рамках современного подхода к оценке гравитационных зависимостей, на основе применения метода квазимаксимального правдоподобия Пуассона, определены сравнительные значения торговых барьеров, а также сравнительный потенциал расширения торговли регионов Дальнего Востока с ключевыми экономиками Азиатско-Тихоокеанского региона (далее 􀀐 АТР). При соотношении оценок, полученных в рамках традиционного и современного подходов к оценке гравитационных зависимостей, показаны схожие результаты и расхождения. Современный подход к оценке указал на заметный потенциал для расширения торговли регионов Дальнего Востока со странами Северо-Восточной Азии, что подтверждает выводы о наращивании торговых взаимодействий между крупными и близлежащими экономиками в результате либерализации торговли. The objective of the paper is to assess comparative trade barriers between the regions of the Russian Far East and the countries of the Asia-Pacific region based on the modern approach to assessing gravity models, as well as to assess the potential for increasing mutual trade. The author has shown that the countries of the Asia-Pacific region are the largest trading partners for the Russian Far East (RFE), characterizing perceptible differences in the geographical and regional structure of the trade interactions. Since the customs duties on RFE exports are high, it is the main source of the tariff burden on the mutual trade. The findings indicate the following similar results between the traditional and modern approaches: the lowest comparative value of the trade barriers is typical for the trade between the RFE and the Republic of Korea; the trade between the RFE on the one hand and China and the Republic of Korea on the other has intensified; reducing the tariff barriers was not sufficient to boost the trade between the RFE and the Asia-Pacific countries; trade restrictions initiated by the Russian side resulted in a transition from the tariff barriers to the institutional ones; the groups of the RFE regions with similar characteristics of the comparative potential for expanding trade relations with the Asia-Pacific countries were identified. The evaluation shows some differences in outcomes between the two approaches. First, under the traditional approach the trade barriers were generally overestimated, so the estimates using the modern approach were more realistic, reflecting the possible changes in the price of foreign goods. Second, using the modern assessment approach, expanding the trade between the RFE regions and the close markets in the Northeast Asia (Korea, China and Japan) has a greater potential than with the remote countries (USA and South-Asian countries). These assessments support the early findings that trade interactions between the large and neighboring economies has a high potential as a result of trade liberalization.


Author(s):  
Андрей Коржук ◽  
Andrey Korzhuk

<p><span>The article is devoted to the issues of economic development of the Far Eastern territories of Russia. The Russian Far East occupies a rather advantageous economic and geographical position in Russia and the Asia-Pacific region since it borders with China, Japan and the United States. The purpose of the research is to determine the main directions for improving the economic development of the Far Eastern coastal territories, to compare the development of the coastal territories of the Far East, namely, the territory of Primorsky Krai with other countries, to provide a comparative analysis and draw certain conclusions. The area of the region makes up 36 % of the whole Russian territory while its population is only 4 % of the country’s population, which is due to severe weather conditions and weak economic development. The gross regional product to the Far East accounts for 5.7 % of the GRP of Russia. The paper features foreign experience in the development of coastal territories in the USA, China, Japan and Canada. It can be concluded that Russia significantly lags behind these countries in terms of GDP, exports, involvement in trade with the Asia-Pacific Region, and the sale of manufacturing </span><span>products. A comparative analysis showed that the industrial structure of Russian coastal areas is </span><span>similar only with those of Canada in raw material orientation of shipped goods, population of the port cities, whereas the indicators of the volume of Far Eastern cargo transportation in Russia lag behind all the countries examined. Apparently the main areas of development of the Far Eastern territories are: structural changes in the economy; attracting foreign investment in the creation of both mining, logging, and processing industries; development of transport infrastructure.</span></p>


1994 ◽  
Vol 12 (1) ◽  
pp. 73-84
Author(s):  
Eugene M. Khartukov

The poorly explored and mostly undeveloped gas resources of the Russian Far East (RFE) are large enough to support several large-scale projects, with an aggregate exportable surplus of up to 30 bcm of natural gas a year. However, owing to the uncertainties of the regional and national investment climate, new development projects, which heavily rely upon invited foreign participation, are likely to be delayed and will hardly yield, by the year 2000, more than 10 bcm of Russian gas for export. Nevertheless, in the foreseeable future the region will surely emerge as an important player in the Asia-Pacific energy market and, consequently, in this area's geopolitical arena as well.


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