The Arctic: A Region of Rivalry or Cooperation? Key Quotes

The report, prepared by experts of National Research University Higher School of Economics for the XXII April International Academic Conference on Economic and Social Development, discusses the development of the Arctic as a flagship region with an innovative resource and eco-friendly economy, as well as the international priorities of Russia 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.

At a session entitled ‘John Perkins on transforming turmoil’, which was held at the St. Petersburg International Economic Forum in 2017, founder of the firm Dream Change and author of the renowned book Confessions of an Economic Hit Man, John Perkins, explains the difference between the ‘life economy’ and ‘death economy’ and why humanity should choose the former.

This edition of the series of trade and development reports published annually by the United Nations Conference on Trade and Development (UNCTAD) studies the impact of trade wars on the global rates of economic growth, the problem of shrinking investments, and the decreasing predictability, with an added focus on financing ecologically sustainable projects.