New Global Reality And Challenges To Regional Growth

DOI

10.2991/icemw-18.2018.11How to use a DOI?

Keywords

growth points, regional development, international challenges and projects

Abstract

The article singles out most important factors that, in terms of the new global reality, become the growth and development points for a particular region, i.e. the Republic of Buryatia. The factors coincide with the trends and directions, in which both Russia and the rest of the world develop today. The main focus is significant projects that in the context of the current globalization activities might challenge Buryatia's collaboration with other countries within the Russia-China-Mongolia cooperation framework. In particular, it is about taking advantage of the territory location in the zone of large-scale Russian communication junctions; the contiguity to the Russian borders on the transit routes to Europe, as well as the main directions and prospects of cross-border cooperation between the neighboring and related countries. The authors note that economic, social and political regional development largely depends on participation in international projects, and development of small and medium-size businesses. The China-Mongolia-Russia economic corridor may develop the Republic of Buryatia in economic terms so that it becomes one of the crucial regions of the country. Implementation of Baikal Special Economic Zone project is equally important to boost the region. Another factor of the regional growth is political consolidation in the region as well, transparency of the regional community to the global information and financial flows

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - E.D. Dagbayev
AU  - N.Zh. Dagbayeva
AU  - T.B. Badmatsyrenov
AU  - P.P. Dashinimayeva
PY  - 2018/08
DA  - 2018/08
TI  - New Global Reality And Challenges To Regional Growth
BT  - Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)
PB  - Atlantis Press
SP  - 56
EP  - 60
SN  - 2352-5428
UR  - https://doi.org/10.2991/icemw-18.2018.11
DO  - 10.2991/icemw-18.2018.11
ID  - Dagbayev2018/08
ER  -