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One Route, One Owner: Does the Northern Sea Route Need a Single Operator?

V.A. Kryukov

Problems of Economic Transition, 2018, vol. 60, issue 1-3, 1-12

Abstract: This article examines the problems and consequences associated with various systems for managing (regulating) the Northern Sea Route. In the author’s opinion, with all the resources at the government’s disposal, the Arctic’s current development is to the fullest extent in keeping with a management system that takes into account the characteristic features of different segments of the economy. Namely, single operators may perform economic functions only when implementing projects in which the government is the dominant participant. In other cases, they are limited to coordinating and reconciling the interests of all parties participating in the route’s operation (including the shippers and recipients of freight).

Date: 2018
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Handle: RePEc:mes:prectr:v:60:y:2018:i:1-3:p:1-12