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 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.

Demographic potential of the Russian Far East: expectation and reality

2020 ◽  
Vol 93 (4) ◽  
pp. 48-59
Author(s):  
M. A. Gritsko ◽  
◽  
O.G. Polivaeva ◽  
Keyword(s):  
Mortality Rate ◽  
Russian Far East ◽  
Far East ◽  
The Far East ◽  
Working Age ◽  
The Russian Federation ◽  
Working Age Population ◽  
Far Eastern ◽  
Demographic Potential ◽  
The Russian Far East

For almost three decades, the problem of the annual decline in the demographic potential of the Russian Far East has not lost its relevance. Joining the list of Russia's national priorities in the 21st century and the active state policy pursued in this regard for the accelerated development of the largest macro-region in the country did not lead to positive changes in the demographic trend. Despite different kinds of preferences for the potential Far-Easterners, their number does not cover the number of people leaving the Far East. The article analyzes the indicators characterizing the change in the demographic potential of the Far-Eastern federal district in the context of the constituent entities of the Russian Federation for a five-year period of an active policy of socio-economic development of the macro-region. The main components of natural movement of the population are considered. It is shown that the Russian Far East is characterized by the all-Russian tendency of a decline in the birth rate, caused by the deformation of the age composition of the population, primarily women of fertile age, changes in the intensity of fertility and its age profile. While comparable to the all-Russian general coefficient, the Far East is characterized by an increased mortality rate among the population of working age. Moreover, during the analyzed period, the gap between the average Russian and Far-Eastern mortality rate of the working-age population is growing for most causes of mortality. The high mortality rate of the working-age population is the main factor in the low life expectancy of the Far East. Comparison of real and predicted estimates of demographic potential established in the Concept of demographic policy of the Far East and the Decrees of the President of the Russian Federation is carried out. As a result, it was found that expectations of the future demographic potential of the Far East laid down in the documents significantly exceed the real demographic capabilities of macro-region and will most likely remain unrealizable.

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 ‘Eastern State Socio-Economic Policy': Mission (Not) Possible?

2021 ◽  
Vol 17 (2) ◽  
pp. 7-15
Author(s):  
Pavel Minakir ◽  
Keyword(s):  
Economic Policy ◽  
Russian Far East ◽  
Far East ◽  
The Arctic ◽  
New Economic Policy ◽  
Eastern State ◽  
The Far East ◽  
The Russian Federation ◽  
Far Eastern ◽  
The Russian Far East

The interim results of the implementation of the new economic policy in relation to the Russian Far East are considered. A comparison is made of the macroeconomic and social results of the functioning of the Far Eastern economy during the period of implementation of the policy region (2015–2020) with the results recorded in the previous period of 2010–2014. The paper analyzes the report of the Ministry of Economic Development of the Far East and the Arctic of the Russian Federation on the results of the economic and social development of the region in 2020, which assesses the effectiveness of the new economic policy. An assessment of the ministry’s conclusions on achieving goals for the two main blocks of state policy implementation is offered – the formation of a stable trend of outstripping economic growth and the consolidation of the population in the region. It is shown that, within the framework of both blocks, no stable trends have been formed so far, corresponding to the quantitative parameters of the state priority in relation to the Far Eastern macroregion

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.

ON CHROMOSOME NUMBERS IN THE GRASS FAMILY (POACEAE) IN RUSSIA, WITH SPECIAL ATTENTION TO THE FAR EAST

2020 ◽  
Vol 68 ◽  
pp. 29-64
Author(s):  
N.S. Probatova ◽  
Keyword(s):  
Chromosome Numbers ◽  
Russian Far East ◽  
Far East ◽  
Grass Species ◽  
Original Material ◽  
Mountain Regions ◽  
Grass Family ◽  
The Far East ◽  
The World ◽  
The Russian Far East

The paper summarizes information on chromosome numbers (CNs) of the Grass species (Poaceae) in the flora of Russian Federation, obtained on the original material, most part - from the Russian Far East (RFE). In some species the CNs are known in Russia or in the world only from RFE, in some – from one locality or few, or from one subregion of RFE. The grass species in RFE often occur in mountain regions and near seacoasts; some species are endemics, some were studied near the limits of their geographical distribution areas. The diversity of CNs, the special features of the CNs distribution in some grass groups are discussed. The alien species are abundant in RFE, and their CNs are also involved in the study. For karyologically polymorphous species further studies are needed.

Complex Protection of Pipelines Using Silicate Materials Based on Local Raw Materials of the Far East

2019 ◽  
Vol 945 ◽  
pp. 46-52 ◽  
Author(s):  
Elena A. Yatsenko ◽  
B.M. Goltsman ◽  
A.V. Ryabova
Keyword(s):  
Oil And Gas ◽  
External Surface ◽  
Raw Materials ◽  
Foam Glass ◽  
Russian Far East ◽  
Far East ◽  
The Far East ◽  
Inner Surface ◽  
Oil And Gas Pipelines ◽  
The Russian Far East

Modern trends in the development of the oil and gas infrastructure of the Russian Far East are considered. The main threats in the operation of oil and gas pipelines are described. The technology of complex protection of pipeline surfaces is proposed. Protection of the inner surface is achieved through the use of silicate enamel coatings, protection of the external surface – through the use of foam glass. On the basis of local silicate raw materials the technology of the described materials is developed, and their main properties are determined. Recommendations on the application of the developed technology for the protection of pipelines are given.

POSSIBLE PROSPECTS FOR COOPERATION BETWEEN CHINA HEILONGJIANG PROVINCE AND FAR EAST REGION OF THE RUSSIAN FEDERATION IN THE EDUCATIONAL SPHERE

2021 ◽  
pp. 97-108
Author(s):  
Mikhail Y. Shvetsov ◽  
◽  
Liubov P. Yatsevich ◽  
Yang Liwei ◽  
◽  
...  
Keyword(s):  
Higher Education ◽  
Comparative Analysis ◽  
Russian Federation ◽  
Russian Far East ◽  
Far East ◽  
Heilongjiang Province ◽  
Education Development ◽  
Higher Education Development ◽  
The Russian Federation ◽  
The Russian Far East

The article is devoted to the study of individual directions and trends in the development of Russian-Chinese relations in the field of education. Topicality of the research is stipulated by necessity of organizational reforming of higher education system in the direction of perspectives of cooperation between Russia and China that presupposes study and comparative analysis of educational systems of considered countries. The article is devoted to the study of some trends and tendencies in the development of Russian-Chinese relations in the field of education. The specifics of the development of integration of educational space of Russia and China on the example of border regions: Heilongjiang Province and the Far East are considered. The method of comparative analysis was used to identify the specifics of higher education in China and the Russian Federation. Mutual benefit and mutual expediency were indicated as criteria for cooperation of both countries in the field of education. The features of higher education development in Heilongjiang Province and in the Russian Far East were described. An analysis of higher education development in the Russian Far East as assessed by Chinese experts is given. The results of a study by Chinese scholars on the preferences of Russian youth are presented. The key areas of effective joint solution to the problem of training a globally competitive professional are identified. The conclusions can be used in developing plans for cooperation between Russia and China in the sphere of higher education.

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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