Regional Economics: Theory and Practice

Geoeconomic aspects of the implementation of megaprojects in the raw material-oriented region

Vol. 16, Iss. 2, FEBRUARY 2018

Received: 27 January 2017

Received in revised form: 20 November 2017

Accepted: 4 December 2017

Available online: 15 February 2018


JEL Classification: R11, R19, R58

Pages: 200–213

Bagainikov M.L. Baikal State University, Irkutsk, Russian Federation

ORCID id: not available

Importance This article discusses the topic of geoeconomic approaches to the formation and functioning of regional social, ecological and economic systems based on the principles of self-development and autotrophy.
Objectives The article aims to develop concrete approaches to the formation of institutions of sustainable development of resource-type regions in the new geoeconomic conditions.
Methods For the study, I used the method of systematization.
Results The article proposes certain directions of transformation of institutions of development of geoeconomic raw material-oriented regions, using the Baikal area as a case study.
Conclusions The article concludes that concerning the raw material-oriented regions, which include many Siberian regions, it is necessary to apply specific approaches that affect the formation of sustainable development institutions based on the geoeconomic approach.

Keywords: Baikal area, sustainable development, institution, regional development, geoeconomic region, economic autotrophy


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