Download full text
(external source)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://doi.org/10.5922/2079-8555-2018-1-2
Exports for your reference manager
The External Economic Factor in the Development of Northwestern Regions: Institutional Support and an Impact Assessment
Внешнеэкономический фактор развития регионов Северо-Запада: оценка влияния и специфика институционального обеспечения
[journal article]
Abstract This research is warranted, since the Northwestern Federal District accounts for a significant proportion of Russia’s exports. The study aims to reveal the connection between the federal district’s external and internal economic development and to identify the extent to which institutional support f... view more
This research is warranted, since the Northwestern Federal District accounts for a significant proportion of Russia’s exports. The study aims to reveal the connection between the federal district’s external and internal economic development and to identify the extent to which institutional support for international economic cooperation facilitates brisk international trade. The authors consider international trade from the perspective of its procedural and institutional components. The study stresses dependence between the total international trade and internal economic performance of Russia’s North-West. Another focus is an analysis of institutional support for the development factors and the levels and areas of international economic cooperation. The analysis shows that the Northwestern regions’ external and internal economic development is interdependent and there is considerable support for international cooperation at different levels and in different areas. To a degree, this is explained by the federal district’s geographical position and transport connections, the ‘Nordic’ character of the economy shared by the Russian and neighbouring territories, and the multi-tier nature of the institutional framework for international economic cooperation in the international region.... view less
Keywords
international cooperation; economic development (on national level); economic cooperation; international economic relations; Russia; commerce; regional development; Northern Europe; international economics
Classification
National Economy
Free Keywords
external economic development factor; institutional support; Russia's North-West; international interregional cooperation; features of Nordic regions
Document language
English
Publication Year
2018
Page/Pages
p. 19-36
Journal
Baltic Region, 10 (2018) 1
ISSN
2079-8555
Status
Published Version; peer reviewed