Investing in the Arctic: Legal Aspects

The article considers the legal regulation of investment activities in the Arctic. The main economic directions for investment programs from the state and private business are highlighted. A number of regulatory legal acts related to investment on the economic activities of the country were investigated. Attention is paid to investment per person, that is, on an educated young specialist in the Arctic. It was noted that in the Arctic zone, states in tandem with big business to develop the country's economy and solve social problems should invest in the direction of entrepreneurship—small business. It should be done that it is necessary to adopt a comprehensive regulatory act to regulate economic relations in the Russian Arctic.

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Publication Details

Journal
Economic problems and legal practice
Published
2024-09-05
DOI
https://doi.org/10.33693/2541-8025-2024-20-3-95-99
Primary Topic
Arctic and Russian Policy Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Investing in the Arctic: Legal Aspects

P.P. Battakhov
Economic problems and legal practice
Arctic and Russian Policy Studies
article

Investing in the Arctic: Legal Aspects

P.P. Battakhov
article en

Abstract

The article considers the legal regulation of investment activities in the Arctic. The main economic directions for investment programs from the state and private business are highlighted. A number of regulatory legal acts related to investment on the economic activities of the country were investigated. Attention is paid to investment per person, that is, on an educated young specialist in the Arctic. It was noted that in the Arctic zone, states in tandem with big business to develop the country's economy and solve social problems should invest in the direction of entrepreneurship—small business. It should be done that it is necessary to adopt a comprehensive regulatory act to regulate economic relations in the Russian Arctic.

Economic problems and legal practiceVol. 20(3)
Institute of State and Law (RU)
Decent work and economic growth
Openalex Percentile: Top 68%
Arctic and Russian Policy Studies
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