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A strategy for implementing the Transcontinental Railway Project across the Bering Strait

Vol. 12, Iss. 10, OCTOBER 2016

PDF  Article PDF Version

Received: 18 April 2016

Received in revised form: 30 May 2016

Accepted: 26 June 2016

Available online: 1 November 2016

Subject Heading: INNOVATION AND INVESTMENT

JEL Classification: L91, P45, R41, R42

Pages: 146-161

Filin S.A. Plekhanov Russian University of Economics, Moscow, Russian Federation
safilin@mail.ru

Yakushev A.Zh. Plekhanov Russian University of Economics, Moscow, Russian Federation
Yakushev.AZH@rea.ru

Importance The article overviews key strategic areas for the transcontinental railway project across the Bering Strait.
Objectives The research analyzes the current state of the transcontinental railway across the Bering Strait, States that may possibly take part in the project, and outlines strategic areas for this project implementation.
Methods The article involves methods of logic historical research, comparative analysis and synthesis through principles of strategic project management and forecasting. As for the scientific novelty, the article identifies and systematizes conditions, strategic implementation areas, roles and benefits of Russia and other countries in the transcontinental railway over the Bering Strait.
Results We analyze development phases and contemporary state of the project, relevant hazards, threats, risks and opportunities. Based on the analysis, we proposed and systematized strategic areas for the project implementation, and opportunities for innovative development of the Russian Far East and Eastern Siberia. The article presents a comparative analysis of States that may possibly participate in the transcontinental crossing project and proposed systemic requirements, conditions, roles and benefits of Russia and other countries from its implementation.
Conclusions and Relevance We conclude that the transcontinental railway project across the Bering Strait, notwithstanding multiple political and economic benefits, cannot be recognized as economically reasonable, geopolitically and geoeconomically secure for Russia, unless conditions mentioned herein are observed.

Keywords: Russian-American railway, innovative development

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