A REVIEW OF “THE ECONOMIC SPACE OF THE RUSSIAN ARCTIC IN THE 21ST CENTURY:  THEORY, METHODOLOGY, AND PRACTICE” BY S. A. AGARKOV AND M. V. IVANOVA

Review

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Alexey D. Shmatko

Institute for Regional Economic Studies of the Russian Academy of Sciences (IRES RAS), Saint Petersburg, Russia, info@iresras.ru, ORCID 0000-0002-9232-4576

Abstract. This article reviews the monograph by S. A. Agarkov and M. V. Ivanova, prepared at Luzin Institute for Economic Problems of the Kola Science Centre of the Russian Academy of Sciences. The monograph provides a comprehensive analysis of structural transformations in the global economy and assesses the strategic role of the Russian Arctic in the context of contemporary global challenges. It examines theoretical approaches to neo-industrialization, methodological tools for assessing resource potential, and applied models of economic growth in Arctic territories. The review highlights the monograph’s key scientific contributions, including a new analytical trade model (ATM) for forecasting economies of scale, a methodology for counterfactual analysis of export potential, and a system for assessing the economic and geographic determinants of multilateral resistance. The practical relevance of the monograph for strategic planning authorities, fuel and energy sector enterprises, and specialized educational institutions is also discussed.

Keywords: Russian Arctic, export potential, economic and geographic location (EGL), analytical trade model (ATM), multilateral resistance, spatial economies of scale, counterfactual analysis

For citation: Shmatko A. D. A review of “The Economic Space of the Russian Arctic in the 21st century: Theory, Methodology, and Practice” by S. A. Agarkov and M. V. Ivanova. Sever i rynok: formirovanie ekonomicheskogo poryadka [The North and the Market: Forming the Economic Order], 2026, no. 3, pp. 264–267. doi:10.37614/2220-802X.3.2026.93.018.

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