Home  Journals  National Interests: Priorities and Security  31(268) - 2014 August

Mega-projects of territorial development: the experience of the USA and Russia

Available online: 14 August 2014

Subject Heading: STRATEGY OF ECONOMIC ADVANCEMENT

JEL Classification: 

Pages: 28-40

The article compares the international (the USA) and the Russian experience of implementing the territorial mega-projects (Administration of the Tennessee River, Appalachian Regional Commission, Trans-Siberian railway, Baikal-Amur Mainline (BAM), the Ural Industrial - Ural Polar region, etc.). The authors believe that the study of the American experience of the territorial mega-projects is important for upgrading of the Russian strategic territorial management. Russia has accumulated the significant historical experience of mega-project development: both the positive (Trans-Siberian railway) and the negative one (BAM). By the example of these two historic mega-projects, the authors reveal the reasons for success or failure and also give the expert assessment of the possible prospects for their modernization in the economic space of modern Russia. In addition, the paper considers the reasons of rebranding of the mega-project of the Ural Industrial - Ural Polar region and also reveals the post-design prospects for the use of the Olympic facilities of the Sochi 2014 "mega-project". The authors emphasize that for the time being, the specifics of the large-scale development of the projects of the territories, which are implemented in Russia, is understudied. The paper demonstrates a lack of research aimed at the comprehensive comparative analysis of the processes of formation and realization of the territorial mega-projects in the modern Russia, identification of traditional and specific risks inherent in different phases of their life cycles, as well as it provides the assessment of the public, integration effects of mega-projects and prospective analysis of the post-design use of constructed objects. A priori, the processes of elaboration and implementation of the territorial mega-projects presuppose the availability, inter alia of major pre-plan studies, skills of developers and executors, the effectiveness of the new and proactive attitude of the traditional institutions of development, the convergence of the State and private interests, publicity, transparency and the active use of crowd-sourcing technologies and meaningful public and integrated effects.

Keywords: strategic management, territorial development, mega-projects, Tennessee River Administration, Appalachian Regional Commission, Trans-Siberian railway, BAM, Ural Industrial - Ural Polar, Olympic Sochi 2014 mega-project, rebranding, risks

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