Architecture of the Arctic zone: Integrated development

Sustainable growth of a national economy implies a widespread use of its resource potential and various investment tools to ensure the reproductive process of business environments. Advanced development of the infrastructure in the industrial sectors of the Russian economy, as well as integrated development of Russian regions based on the use of material, labor, intellectual, and financial resources – all determine priority directions in the national economy, conditions for import substitution, and improvement of living standards. The new paradigm of economic development is transforming the existing national model as the basis of structural economic changes, thereby facilitating the formation and development of regional and sectoral models and eliminating financial and cost imbalances in the national economy. The models of development, including those in industrial sectors, cannot be implemented in practice without assessing and mitigating regional problems. The transition toward a new management mechanism in the national economy also implies reliance on an inter-industrial balance when forming an industrial model of development in the Arctic zone with the purpose of implementing the tasks set for the development of regions, to ensure efficient integration between the industrial sectors.

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