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Major infrastructure projects and the foreign policy of the Baltic states in 2010-2014
Внешняя политика государств Прибалтики и крупные инфраструктурные проекты 2010—2014 годов
[journal article]
Abstract
At the current stage of social development, particular attention is drawn to studies that assess major infrastructure -and thus political- projects aimed at a qualitative breakthrough in the socio-economic development of the countries under investigation. The scheduled multi-billion investments into... view more
At the current stage of social development, particular attention is drawn to studies that assess major infrastructure -and thus political- projects aimed at a qualitative breakthrough in the socio-economic development of the countries under investigation. The scheduled multi-billion investments into energy sector are of political rather than economic nature. The projects to develop alternative power grids and high-speed railways can result in large-scale economic downturns diminishing the prospects of balanced social development. The author addresses the classical concepts of the theory of regional economy and new economic geography and their interpretation of the interconnection between political and economic factors. The article aims to demonstrate the inconsistency between political and economic objectives of the development of the Baltics. The study contributes to a broader set of research into the issues of post-Soviet economic and political development. The Baltic States follow their own political and economic ways. The study proves the hypothesis of low efficiency of large infrastructure project and their political motivation. It is concluded that the disregard of the factor of mutually beneficial economic cooperation with Russia destabilizes the development of national economic of the Baltic States. The author believes that modern infrastructure projects in the Baltic Sea region should be integrated into both western and eastern dimensions.... view less
Keywords
project; foreign policy; power; twenty-first century; Baltic States; crisis; traffic development; infrastructure; networking; economic geography; motivation; energy industry; politics
Classification
National Economy
Economic Sectors
International Relations, International Politics, Foreign Affairs, Development Policy
Document language
English
Publication Year
2014
Page/Pages
p. 4-20
Journal
Baltic Region (2014) 1
DOI
https://doi.org/10.5922/2079-8555-2014-1-1
ISSN
2079-8555
Status
Published Version; peer reviewed