‘The Northern Sea Route Is an Efficient Transport Communication Channel to Deliver Goods Sold on Trade Platforms’
The Northern Sea Route has a key role to play in developing Russia's export potential in the Asia-Pacific region. As the current situation requires a reorientation of export flows from Europe to Asia, this route is taking on a new significance in the search for effective transport communication with Indian and Chinese markets. An Arctic Research session was held at the XXIII Yasin International Academic Conference.
Stanislav Chui, Director of the Planning and Consulting Centre for Information and Economic Modelling at the Institute of Construction, Housing and Utilities, State Academy of Investment Experts, HSE University, took part in the Regions and Cities session to give a presentation entitled ‘The new role of the Northern Sea Route in the era of the sharing transformation of the world economy (NSR as a new driver in the formation of the export potential of regional enterprises and access to Asian markets’.
In Stanislav Chui’s opinion, the Northern Sea Route should be seen as ‘more than a transport communication channel between Asia and Europe. It is also an independent transport route with its own national cargo infrastructure, supported by the Russian regional economy. This route is needed to export non-commodity products to Asian markets and to import products to satisfy the demand in Russian regions.
The Northern Sea Route is of particular importance for the sharing economy, where digital modelling and platform technologies for information exchange are becoming key tools, which, among other things, makes it possible to manage production assets without owning them, the expert says. Amid these structural and functional transformations in Russia's economy, the Arctic development project is well underway, where resource sustainability and efficient logistics of trade routes remain the key development tools in the era of globalism. The imposition of sanctions against Russia means China, India, Japan, and Korea could become even more significant markets for us. These are markets whose capacity in terms of purchasing power is equal to the GDP of Europe and the USA and is estimated at USD 40 trillion. For comparison, Stanislav Chui cites the entire volume of the Russian market as $4.1 trillion.
‘The Northern Sea Route is the cheapest and most efficient transport communication channel to deliver goods sold on trade platform services,’ Stanislav Chui adds. Regular Arctic sea and river shipping for coastal, interregional, and international transport along the Northern Sea Route with calls at river ports will make it possible to form suitable conditions both for supplying the Arctic region and for establishing a national container freight base.
‘We should use water routes of the Arctic rivers and the Northern Sea Route to arrange for continuous delivery of those Russian regional goods that are in demand in Asian markets,’ says Stanislav Chui. He believes that this approach allows us to talk about the new role of this route in the development of non-commodity export potential of the Russian regions. Among other things, it provides the opportunity to establish Russia’s own significant cargo base and to shift from the chain ‘Chinese cargo base—European markets’ to the chain ‘Russia’s own cargo base—Asia-Pacific markets’.
The transit of Chinese cargo to Europe will be regarded as a 'side effect' of the main logistics system 'Russian markets—Asia-Pacific markets' logistics system. If this proves to be the case, the Northern Sea Route will play a key role in shaping the domestic container freight base and a new commodity flow in the global economy from Russia to Asia.
In his report ‘Identity Dynamics and Cross-Border Contacts in the Russian-Nordic Arctic Borderland in the Post-Industrial Era’, Andrian Vlakhov, a Researcher at the Faculty of Humanities, HSE University, describes how the Arctic region is developing. He cites Kostomuksha (Karelia), Barentsburg (Spitsbergen Archipelago), Nickel and Zapolyarny (Pechenga District, Murmansk Region) as examples. All of these communities are single-industry towns, where companies such as Severstal, Arktikugol, and Nornickel are the main employers. Although these territories differ greatly as the enterprises operating there belong to different industries, those residents of the Russian Arctic region neighbouring the Scandinavian countries share a common identity, the researcher concludes.
Yulia Skrutskaya, an Assistant Researcher at the International Centre for Decision Choice and Analysis, HSE University, took part in the discussion.
The creation of the Customs Union and the Eurasian Economic Union (EAEU) contributed to the development of mutual trade between their member countries. That process picked up pace significantly starting in 2019. Still, it is too early to say that the efforts by EAEU member states to achieve economic integration have been an unqualified success. This problem is the focus of a joint report that a group of experts from Russia (HSE), Kazakhstan, Belarus, Armenia and Kyrgyzstan presented at the XXIII Yasin International Academic Conference organised by HSE University in April.
Representatives of More than 30 Countries Took Part in the XXIII Yasin International Academic Conference
The XXIII Yasin (April) International Academic Conference on Economic and Social Development has come to a close at HSE University. In 2022, more than 3,000 participants took part in the event, including 250 registered foreign representatives—almost 10% more than last year.
‘There Is a Big Question as to What Extent a Human Is Still a Human and a Machine Is Still a Machine’
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As part of the XXIII Yasin (April) International Academic Conference, HSE University held a meeting between HSE scholars and Anton Kotyakov, Minister of Labour and Social Protection of the Russian Federation. The title of the meeting was ‘The Future of Social Security: Trends and Forecasts.’ The experts and the Minister discussed the experience and lessons learned from population support initiatives during the pandemic, social protection efforts to reduce poverty and inequality, measures to counter sanctions, and the situation in the labour market.
The number of older persons and their life expectancy are on the rise in many countries worldwide. As they age, some people need assistance with daily living activities, something their family is not always capable of providing. This creates a demand for professional long-term care that integrates medical and social services. How Russia can benefit from other countries' experience of providing public long-term care is discussed in a report* presented by the HSE Centre for Social Policy Studies at the XXIII Yasin International Academic Conference on Economic and Social Development hosted by the HSE University.
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HSE University academics held a discussion with Maxim Oreshkin, presidential aide and graduate of the HSE University, as part of theXXIII Yasin (April) International Academic Conference. They talked about the current socioeconomic situation and the future of Russia's development. The discussion was moderated by HSE Academic SupervisorYaroslav Kuzminov.
What risks is the Russian financial system facing today? What is the Central Bank of Russia going to do to mitigate them? Why do we need a high key rate? Has the regulator changed its approach to the building of forex reserves? Will the regulator remain hawkish on cryptocurrencies? Ksenia Yudaeva, First Deputy Governor of the Central Bank of Russia, answered these and other questions during a round table entitled ‘Russia’s Financial Sector under New Global Conditions’. The event was held as part of the XXIII Yasin (April) International Academic Conference.
In recent years, advanced technologies for creating deepfake images have made it almost impossible to distinguish them from real photos and videos. Researchers discussed the future development of deepfakes and how to protect yourself from new types of fraud during the round-table discussion ‘Fake News: An Interdisciplinary Approach’ as part of the XXIII Yasin (April) International Academic Conference on Economic and Social Development.
Demand for higher education increases with the development of technologies that replace routine labour, and there is already increased demand for specialists in the IT industry today. At the same time, some university graduates neither study nor work, while about one third of this ‘free’ youth cohort lives in poverty (as do their parents). This topic was discussed at the XXIII Yasin International Academic Conference session on human capital and salaries.