Abstract
The long-term prospect of implementation of modern infrastructural projects increases their probabilistic character and provokes one or another risk: macroeconomic, political, geographical, engineering, technical, financial, commercial, organizational and legal, tariff, taxation, and others. Using the example of current Russian megaprojects such as, for instance, “Ural Industrial—Ural Polar” or construction of the Olympic objects in Sochi, it was shown that these risks became the reason for the rebranding of the megaproject or they led to a considerable increase of the fact costs in comparison with the planned ones. The authors are convinced that the display of possible corruption risks at the pre-project stage, taking into account of reputation risks and the elimination of risks of low competence, are an important task implying the reduction of the uncertainty of the final effect from the realization of the territorial integrated megaproject.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Aganbegyan AG, Shniper RI (1980) Regional integrated programs (by the example of Siberia). In: Aganbegyan AG, Milner VZ, Popov GH (eds) Programmed and target management by a social industry: problems of theory and practice. Edition “Ekonomika”, Moscow, pp 83–110
Altshuler A, Luberoff D (2003) Mega-projects: the changing politics of urban public investment. Brookings Institution, Washington, DC, 471 p
Batmanova V, Zhukov A, Mitrofanova I, Mitrofanova I (2015) Experience of territorial megaprojects in Russia and the USA. World Econ Int Relat 2:23–33
Flyvbjerg В, Bruzelius N, Rottengatter V (2014) Megaprojects and risks: anatomy of ambitions. Alpina, Moscow, 288 р
Gunton T (2010) Megaprojects and regional development: pathologies in project planning. Reg Stud: J Reg Stud Assoc 37(5):505–519
Kibalov EB, Kin AA (2014) Taking into account the uncertainty factor at the assessment of the efficiency of large scale regional and transport projects: structural and institutional approach. Reg: Econ Sociol 2:81–94
Mitrofanova IV, Batmanova VV (2014) Territorial megaprojects as a relevant tool of the strategic territorial management: comparative analysis of Russian and American experience. Economic and social development. In: 6th International scientific conference on economic and social development and 3rd Eastern European ESD conference: business continuity. Book of Proceedings Vienna, 24−25 April 2014. Varazdin Development and Entrepreneurship Agency, Varazdin, pp 312−322
Mitrofanova IV, Mitrofanova IА (2013) Megaprojects as constructors of the mesoeconomic spaces of the contemporary Russia: potential, risks, trends and prospects. J Int Sci Publ: Econ Bus 7(part 2):167–177
Mitrofanova IV, Russkova EG, Batmanova VV, Shkarupa EА (2015a) Drivers of the regional economic growth and the problem of “white elephants” of the Russian Olympic Megaproject “Sochi 2014”. Mediterr J Soc Sci 6(4, Suppl. 2):267–277
Mitrofanova IV, Zhukov AN, Batmanova VV, Mitrofanova IA (2015b) Implementation of mega-projects for the development of problematic territories of Siberia and Ural of Russia. Mediterr J Soc Sci 6(3, Suppl 1):575
Shniper RI (1991) Region: economic methods of management. Nauka, Novosibirsk, 308 p
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2017 Springer International Publishing AG
About this chapter
Cite this chapter
Mitrofanova, I., Russkova, E., Buyanova, M. (2017). Specific Risks of Implementation of Infrastructural Megaprojects in Regions of Modern Russia. In: Popkova, E. (eds) Russia and the European Union. Contributions to Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-55257-6_11
Download citation
DOI: https://doi.org/10.1007/978-3-319-55257-6_11
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-55256-9
Online ISBN: 978-3-319-55257-6
eBook Packages: Economics and FinanceEconomics and Finance (R0)