scholarly journals The impact of the Turn to the East Policy on foreign direct investment in the Russian Far East

2019 ◽  
Vol 27 (2) ◽  
pp. 366-374
Author(s):  
Han-Sol Lee
Keyword(s):  
Foreign Direct Investment ◽  
South Korea ◽  
Direct Investment ◽  
Russian Far East ◽  
Far East ◽  
Asian Countries ◽  
Far Eastern ◽  
The Impact ◽  
Policy Mechanisms ◽  
The Russian Far East

This study aims to measure the effectiveness of Russia’s Turn to the East Policy, addressed by the federal government in 2012, on the economic development of the underdeveloped Far Eastern regions, in terms of foreign direct investment (FDI) inflows data. To do so, this paper analyzed the results of the representative policy mechanisms - designed to promote the Far Eastern investments - of the Turn to the East Policy, comprised of the Eastern Economic Forum (EEC), Advanced Special Economic Zones (ASEZs), and Vladivostok Free Ports (VFPs), based on the secondary data from the governmental organizations. From the study, in spite of the previous contentions on those policy mechanisms amongst policymakers, we elucidate the incremental growing FDI - majorly contributed by the East Asian countries: China, Japan, and South Korea - propensity in the Far East. The three Eastern Asian countries promote investments in the Russian Far East for different eco-political purposes. And it further analyzed that for Russia, despite the remarkable magnitude of Chinese and Japanese FDI compared to South Korea, South Korea is still the most attractive partner, in terms of lack of threats: The Chinese expansionism, and the Kuril Island dispute with Japan.

scholarly journals An analysis of foreign direct investment attractiveness of the Russian Far East by Porter’s Diamond model

2019 ◽  
Vol 12 (3) ◽  
pp. 334-340
Author(s):  
Han Sol Lee
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Russian Far East ◽  
Far East ◽  
Firm Strategy ◽  
Production Factor ◽  
Political Will ◽  
Diamond Model ◽  
Far Eastern ◽  
The Russian Far East

This paper is dedicated to measuring the Foreign direct investment (FDI) attractiveness of the Russian Far East. In 2012, the Russian Federationofficially addressed the Turn to the East Policy through «Measures to Implement the Russian Federation Foreign Policy” to resolve the chronically underdeveloped economy of the Far Eastern district. The Far Eastern development entails an enormous budget from abroad considering the enormous magnitude of investments projects. However, despite the continuous increasing investment propensity in the Russian Far East, the result is not yet impressive. Thereby, the thorough analysis of the FDI attractiveness of the Far Eastshould more to be conducted. To do that, in this study, we analyzed the FDI attractiveness of the Far East based on the Porter’s Diamond model, comprised of the four endogenous factors – Production Factor, Demand Factor, Related and Supporting Industries, and Firm Strategy Structure and Rivalry-, and the two exogenous factors-chance, and government. Based on the analysis, we diagnosed that weak factor and demand conditions and ambiguous political will majorly hinder from accelerating the Turn to the East Policy. Thereby, we concluded that to achieve momentum of the policy by generating high efficiency of the policy mechanisms to induce FDI, the strong political will should be accompanied with investmentfavorable factor and demand conditions.

scholarly journals THE SUB-NATIONAL DISTRIBUTION OF SOUTH KOREAN FOREIGN DIRECT INVESTMENT IN RUSSIA: A FOCUS ON THE RUSSIAN FAR EAST

2020 ◽  
pp. 280-290
Author(s):  
Han-Sol Lee ◽  
Keyword(s):  
Foreign Direct Investment ◽  
South Korea ◽  
Direct Investment ◽  
Russian Far East ◽  
Far East ◽  
Entry Barrier ◽  
South Korean ◽  
Significant Area ◽  
Northern Policy ◽  
The Russian Far East

This paper investigates the Korean foreign direct investment (FDI) in the Russian Far East, a significant area to develop South Korea’s new northern policy and Russia’s pivot to the East policy. Unlike the insignificant influence of the Korean FDI on Russia’s economy as a whole, South Korea is one of the key economic partners in the Russian Far East. For the period 2015–2019, South Korea is the 4th largest investor in the Russian Far East. In 2019, 69.7% of the Korean investments in the Russian Far East concentrated on Primorsky Krai, which contradicts the general trend that the world investments in the Russian Far East are highly skewed in Sakhalin Oblast to participate in the gas and oil projects. The Korean FDI in the Russian Far East aims market seeking rather than resource seeking. Besides, due to the high entry barrier of “nine bridges”, there are limited numbers of companies in nine bridges-industries.

scholarly journals Assessment of Migration Policy Measures Implemented in the Russian Far East

2021 ◽  
Vol 17 (3) ◽  
pp. 902-916
Author(s):  
Yury D. Shmidt ◽  
Natalya V. Ivashina
Keyword(s):  
Russian Far East ◽  
Far East ◽  
Migration Policy ◽  
Federal District ◽  
Synthetic Control ◽  
Policy Measures ◽  
Far Eastern ◽  
The Impact ◽  
The Russian Far East ◽  
Control Regions

The present paper analyses migration policy measures implemented in the Russian Far East, namely, State Programme to Assist the Voluntary Resettlement of Compatriots Living Abroad to the Russian Federation, the Far-Eastern Hectare Programme, establishment of Priority Development Areas (PDAs) and territories with a special regime of economic activity. The synthetic control method was applied to quantitatively assess how the adopted measures affect the migration outflow from regions of the Far Eastern Federal District. According to this method and relevant statistics, constituent entities of the Far Eastern Federal District were compared with control regions of the Siberian Federal District, where these policy tools have not been introduced. Comparable areas had similar socio-economic development trends and migration flows in the period preceding the implementation of the state programmes. To analyse the impact of migration policy changes in 2011–2018, the difference between outflow values of the Far Eastern and synthetic control regions was calculated. The results showed that the average estimated values are negative and significantly different from zero. This indicates a positive effect of new migration mitigation measures on reducing the outflow from the Russian Far East. Future research will separately assess the effectiveness of each migration policy tool implemented in the Far Eastern Federal District.

AMBIVALENCE OF SOCIAL STIGMATIZATION OF YOUNG PEOPLE IN THE RUSSIAN FAR EAST

2019 ◽  
Vol 7 (4) ◽  
pp. 433-439
Author(s):  
Svetlana Turkulets ◽  
Aleksei Turkuletc Turkuletc ◽  
Evgenia Listopadova ◽  
Irina Gareeva ◽  
Alexandr Slesarev
Keyword(s):  
Young People ◽  
Russian Far East ◽  
Far East ◽  
Educational Process ◽  
Sociological Research ◽  
Eastern Region ◽  
Empirical Level ◽  
Far Eastern ◽  
The Impact ◽  
The Russian Far East

Purpose of the study: The purpose of the article is to study the characteristics of the stigmatization process of modern youth in the Russian Far East. Special attention is paid to living conditions in the Russian Far East, noting that the majority of the population in the Far Eastern region and, above all, young people, are in a situation of social inequality and marginality in relation to the rest of Russians. Many young people associate their life strategies with leaving the territory of the Far East of Russia. Methodology: At the first stage of the study, the method of participant observation was used, which provided primary information about the impact of stigma on the self-identification of young people. At the empirical level of research, such sociological methods as document analysis, sociological surveys in the form of questioning and interviewing were applied. A sociological survey was conducted as a pilot study of the problems of stigmatization among high school and university students of the cities of Khabarovsk and Komsomolsk-on-Amur. Main findings of this article: Stigma is manifested in its own way in different times and in different communities, it is historically and socioculturally specific. Territorial stigma possesses signs of ambivalence, on the one hand, it has a negative effect on the socialization and self-identification process of young people in the Russian Far East, but on the other hand, it can act as an incentive for young people to make an active and conscious choice of their life strategy. Applications of this study: The findings can be used in the implementation of youth policy in the Far Eastern Federal District by state and local authorities in order to prevent the outflow of young people from the region. The main results of the study can be useful for use in the educational process in such disciplines as sociology, political science, regional studies, as well as for the further study of the problems of social stigmatization. Novelty/Originality of this study: The novelty and significance of the study lie in the fact that in Russian sociology practically no attention is paid to the problems of territorial stigmatization. The theoretical conclusions were obtained on the basis of the original sociological research conducted by the authors of the article in the cities of the Far Eastern region of Russia. The results provided new knowledge of both territorial stigmatization and social stigmatization in general. The novelty of the conducted study lies in the actualization of the problem of social stigmatization of Russian youth living in the Far Eastern region remote from the center of Russia.

scholarly journals Assessment of trade intensity of the Russian Far East: Structural approach

2021 ◽  
Vol 52 (4) ◽  
pp. 143-161
Author(s):  
D.A. Izotov ◽  
Keyword(s):  
Russian Far East ◽  
Far East ◽  
Trade Intensity ◽  
Foreign Markets ◽  
Trade Relations ◽  
National Market ◽  
Log Linear ◽  
Far Eastern ◽  
The Impact ◽  
The Russian Far East

Based on complied statistical data, the scale of trade of the Russia’s Far Eastern regions with the local, macro-regional, domestic and foreign markets is determined. The assessment of the trade intensity in the Russia’s Far Eastern regions was carried out by comparing the results obtained within the framework of log-linear and multiplicative forms of gravity model. The estimation shows a deviation in the trade intensity of the Russia’s Far Eastern regions in favor of the national market as compared to the foreign one. Comparisons of the obtained values showed that the loglinear form, relative to the multiplicative one, significantly overestimated the impact of transportation costs on trade and the contiguity; while at the same time underestimating the values of intensity for trade interaction of Russian Far East with the domestic and foreign markets. The estimates obtained using multiplicative form, suggest a suppression of the comparative intensity of trade of the Russia’s Far Eastern regions with the macro-regional, domestic and foreign markets in dynamics, which can be explained not only by the costs of such interactions but also, by the concentration of trade relations within the Russia’s Far Eastern regions as a result of trade deviation in favor of the local markets.

scholarly journals The Role of State Policy in Attracting of Foreign Direct Investment to the Far East of Russia

2018 ◽  
Vol 11 (1) ◽  
pp. 106-121
Author(s):  
Olga V. Kuznetsova
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Russian Far East ◽  
Far East ◽  
Investment Policy ◽  
Foreign Investors ◽  
The Far East ◽  
The Russian Federation ◽  
State Investment ◽  
The Russian Far East

In recent years (since late 2013) the federal government has intensified the policy of foreign investors attracting to the Russian Far East, proclaiming the need to integrate this macro-region in the Asia Pacific region and creating development institutions of the Far East, as well as preferential conditions for investors – the territories of priority socio-economic development, free port of Vladivostok. Investors are given massive tax preferences, regime of free customs zone, a number of other preferences. However, from the point of view of foreign investors many instruments of state investment policy – rather its lack, than advantage. Investment policy of regional authorities in the Far East is currently ranked low, in the National ranking of investment climate in subjects of the Russian Federation Far East regions, with the exception of Khabarovsk Krai, located in the second half. By the volume of foreign direct investment (FDI) stock Sakhalin oblast stands out among the Russian Far East regions, occupying on this indicator the second place among all subjects of the Russian Federation due to the action of agreements on production section, which appeared in 1990- ies. The shares of other Far Eastern regions in the FDI stock in Russia is still small. The state’s efforts in recent years to attract FDI to the Far East led to some increase in the volume of FDI stock in the macro-region, but not in all subjects of the Russian Fed eration. Preferential regimes are increasingly attracted domestic rather than foreign investors. Among the projects with participation of foreign capital projects focused on the domestic market of the Far East (agriculture, services) and the use of macro-region natural resources dominate. Projects on creation of manufacturing industries which products can be delivered beyond the Far East, including for export, yet few. The prospects for improvement, given the existing experience of the gradual development of new regions by foreign investors, but it requires improvement of the state investment policy both at federal and regional levels.

scholarly journals The Transport System of the Far Eastern Federal District: Current State and Prospects of the Eastern Range of Railways

2021 ◽  
Vol 8 (3) ◽  
pp. 21-31
Author(s):  
Anna Bardal ◽  
Keyword(s):  
Russian Far East ◽  
Far East ◽  
Federal District ◽  
Asian Countries ◽  
Current State ◽  
The Far East ◽  
Railway Infrastructure ◽  
The Subject ◽  
Far Eastern ◽  
The Russian Far East

The subject of the research is the process of transportation by rail in the Russian Far East. The purpose of the work is to consider: the limitation of the throughput of the Eastern range of railways and the prospects for the development of the Trans-Siberian and Baikal-Amur Mainlines infrastructure. The growth in the volume of export flows of coal towards Asian countries led to a lack of carrying capacity of the railways. The quotas for the transported cargo since 2020 are actually discriminating against companies when accessing the railway infrastructure. The development of railways in the Far East lags behind the planned dates and does not correspond to the promising parameters for the development of maritime transport

Tax debt as a threat to the economic security of the Russian Far East

2020 ◽  
Vol 13 (2) ◽  
pp. 216-242
Author(s):  
V.A. Yakimova ◽  
A.A. Orekhova
Keyword(s):  
Russian Far East ◽  
Consumer Price Index ◽  
Far East ◽  
Federal District ◽  
Economic Security ◽  
Factors Affecting ◽  
Correlation And Regression Analysis ◽  
Debt Collection ◽  
Far Eastern ◽  
The Russian Far East

Subject. The article addresses the tax liabilities of taxpayers registered in the subjects of the Far Eastern Federal District, which should be paid to the consolidated budget of the Russian Federation, as well as the factors of the said debt growth. Objectives. Our aim is to assess the level of tax debt of regions of the Russian Far East and identify the correlation between the factors and the amount of tax debt. Methods. The study rests on methods of analysis, generalization, grouping, systematization, and the correlation and regression analysis. Results. We analyzed the level of tax debt for the entire Far Eastern Federal District and by region, identified factors affecting the growth of tax debt therein. The paper assesses the structure of tax debt by type of taxes and activity of debtors. The unveiled factors may help control changes in the size of tax debt in the Russian Far East and develop effective measures to improve the debt collection. Conclusions. The study shows that there is an increase in the tax debt in the regions of the Russian Far East, in the VAT in particular. The factor analysis revealed that the volume of sales of wholesale enterprises, investment in fixed capital, the consumer price index have the largest impact on the amount of tax debt.

The Russian Far East: from a depressed region to the territory of the future

2021 ◽  
Author(s):  
Ol'ga Nikolaychuk
Keyword(s):  
Economic Development ◽  
Russian Far East ◽  
Far East ◽  
Environmental Problems ◽  
Eastern Region ◽  
The Far East ◽  
The Future ◽  
Bilateral Cooperation ◽  
Far Eastern ◽  
The Russian Far East

The monograph presents the search for solutions to the problems of the Far Eastern region. The proximity of China and the remoteness from the center of Russia make us look for effective measures to overcome the problems of settling the Far East in the context of sustainable economic development of modern Russia. The paper analyzes the problems of the Far East: in industry, agriculture, forestry, energy problems, environmental problems, and provides recommendations for their solution. Considerable attention is paid to migration problems. The experience of China is studied through the prism of bilateral cooperation with Russia. It is intended for students, masters, postgraduates, researchers dealing with issues of macroeconomic regulation and forecasting.

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