IMPACT OF BRICS PROJECTS ON SUSTAINABLE DEVELOPMENT OF FAR NORTH AREAS | Журнал правовых и экономических исследований

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IMPACT OF BRICS PROJECTS ON SUSTAINABLE DEVELOPMENT OF FAR NORTH AREAS



S.S. Gutman
A.A. Basova
SGutman@spbstu.ru
lavnka.ru@inbox.ru
senior lecturer, the Institute of Industrial Management, Economics and Trade, Peter the Great St. Petersburg Polytechnic University, PhD in Economics
candidate for Master’s degree, Institute of Industrial Management, Economics and Trade, Peter the Great St. Petersburg Polytechnic University
St. Petersburg
St. Petersburg

Keywords:

  • sustainable development
  • Far North
  • BRICS countries
  • BRICS projects
  • Balanced Scorecard
  • strategy maps
  • indicators of sustainable development
  • We consider the impact of the projects implemented by the BRICS countries on indicators of sustainable development in the Far North. The concept of the balanced scorecard adapted to take into account the specific features of the development of the Far North serves the methodological basis for the study. We establish a correlation between the results of the projects implemented by BRICS countries and indicators of sustainable development of the Far North for each component of the balanced scorecard. The most significant BRICS projects and the directions of their influence on the development of the Far North are distinguished. In the course of the study, the following BRICS projects have been considered: New Development Bank, Network University, Platform for Green Technologies. The analysis proved that most of the projects implemented by BRICS, affect one or several areas of development of each of the four components of the strategy, which has a positive impact on the development of the Far North.

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