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Arctic Economy

Internal Structure, Types, and National Models

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The Handbook of the Arctic

Abstract

The authors introduce the concept of the Arctic economy as an absolutely special phenomenon that differs from both the neighboring northern and the usual regional economy and characterizes its basic features, which consist primarily in a relatively simple internal structure, a significant essential load (economic, social, and value-cultural) of each sector – traditional, corporate (market), and transfer (state) and their multifunctional (complex) nature, the presence of diverse integration links between sectors. Within the Arctic economy, there is an “island” type, absolutely isolated by transport, and a “quasi-mainland” type, which is characterized by stable year-round relations with economic entities in the non-Arctic part of the country. At the level of the global Arctic, the authors identify and characterize four national models of the Arctic economy, each of which has significant features: Federal-Russian, Canadian, and American; unitary European in the island and mainland versions.

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Correspondence to Alexander N. Pilyasov .

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Pilyasov, A.N., Petrov, A.A., Zamyatina, N.Y. (2022). Arctic Economy. In: Pak, E.V., Krivtsov, A.I., Zagrebelnaya, N.S. (eds) The Handbook of the Arctic. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-16-9250-5_8-1

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