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

Bagainikov M.L. Baikal State University, Irkutsk, Russian Federation ( haratsky@gmail.com )

Journal: Regional Economics: Theory and Practice, #2, 2018

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.


Geo-cultural spaces and their role in the development of geo-economic regions of the country

Bagainikov M.L. Baikal State University, Irkutsk, Russian Federation ( haratsky@gmail.com )

Journal: Regional Economics: Theory and Practice, #10, 2016

Importance The article discusses the issues of improvement of the mechanism of formation of regional economic systems, national and international, including through the use of geo-economic and geo-cultural approaches.
Objectives The paper aims to justify the need to take into account the geo-economic and geo-cultural factor in socio-economic development of regions.
Methods For the study, I used theoretical and empirical analyses. As a case study, I consider the Baikal region, identifying it as a specific geo-economic and geo-cultural region of the country that participates in global reproduction process.
Results In this paper, I identify the factors that characterize the territory as a geo-economic region of water resource, transit, oil and gas, and electricity types participating in the global competition. The paper presents certain details of and describes the geo-cultural components of the Baikal region, and it assumes a pronounced relationship between geo-economic and geo-cultural factors contributing to shape its economic complex. As well, the paper characterizes the region as a geo-cultural one, given its ethnic, religious and educational backgrounds.
Conclusions The paper stresses the need to generate geo-economic regions of the country to enhance the global competitiveness of regional and national economies and effectively integrate them into the world economic system. The paper notes that geo-cultural factors are to play a significant role through contributing to sustainable socio-economic development of the region.


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