Green shoots not yet visible in the forestry economy

Forest companies are the chief exploiters of forest resources, and their actions may have a major impact on the global sustainable development. Russian companies have a special place in this regard as Russia is the most forested country in the world and the forest industry there has a global impact. Researchers from the University of…

Is there an Arctic ‘resource curse’? Evidence from the Russian Arctic regions.

Although the development of the Arctic’s natural resources sounds very promising for Russian economics, the expansion of mining brings future risks for the regional well-being, affecting social, physical and economic spheres. Gritsenko and Efimova discuss how the Arctic economics might struggle from being rich in resources. They refer to the idea of ‘resource curse’, a paradox that features…