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RIAC FORECAST 2019–2024: ARCTIC 2024

Analytical digest
5 April 2019
Climate forecasts for the Arctic suggest that shipping volumes for the Northern Sea Route in the medium term will hardly exceed current values. By 2030 the navigation period is expected to last for up to nine weeks a year with the maximum concentration of ice in water of 10%, and for another five weeks before and after the main navigation period with the concentration of up to 40%. In the «western» Arctic seas (Barents Sea and Norwegian Sea) the navigation conditions are more favorable even now. In other Arctic seas (Laptev Sea, East Siberian Sea, Chukchi Sea, Baffin Bay, Greenland Sea) the climatic conditions in the foreseeable future will stay harsh.

The political and military situation in the Arctic will remain stable and predictable. However, some circumstances may hinder international cooperation in the region. First and foremost, these circumstances include the issue of defining the limits of the continental shelf in the Arctic Ocean and possible entanglement of the Arctic in the arms race.
It must be noted that the issue of the limits of the continental shelf will hardly be settled in the near future because presentations of the coastal states to the Commission on the Limits of the Continental Shelf take considerable time to be reviewed.

In any case, international cooperation in the Arctic will have to face a test of strength. Due to the specifics of the current political situation, Russia will attach particular importance to the task of preventing the crisis between Russia and the West from having an adverse effect on the Arctic region.

Anlytics on the topic

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Research
4 April 2019
Integrated Marine Management in the Arctic

The report reviews approaches to and mechanisms of marine management in the Arctic Ocean in areas beyond national jurisdiction of the coastal states. The authors conclude that there is a need to develop a special regime for the Arctic based on further build-up of the Arctic Council and the OSPAR experience.


Research
17 September 2020
A pathway towards recovery and hope for ASEAN

A research of the ASEAN Business Club is dedicated to the measures that the Association needs to implement for the economic recovery during and after the COVID-19 pandemic. It describes the trends that have emerged during the pandemic in whole world and in ASEAN countries in particular, which influence the current economic development and will affect the economy and international trade in the future.

Research
28 January 2020
Global Economic Prospects: Slow Growth, Policy Challenges

The flagship report published by the World Bank examines macroeconomic indicators and global trends in trade and finance, both at global and regional level. The authors assess the current economic situation and give a forecast for the prospects of global and regional economies.

Analytical digest
20 January 2020
Green economy and international trade: On the path to sustainable development

The Report was prepared for the Russia House at the World Economic Forum Annual Meeting in Davos in January 2020. Based on the analysis of foreign sources, the key issues on the agenda of the Meeting are revealed: approaches to overcoming environmental problems and ways of sustainable business transformation.