Social and Economic Development 
in Northern Areas and Arctic Region

Established in 2010 as NArFU Institute of Economics’ division for multilevel personnel training and research within the “Social and economic challenges of growth in northern Arctic region”, this REC is implementing the following research projects:

• “Basic tools to enhance investment appeal of the northern Arctic region of Russia”;
• “Developing the tools and methods to monitor and regulate the balance of the social and economic growth in the northern Arctic region of Russia”;
• “Efficiency of state-funded support of the priority development areas in the northern Arctic region of Russia”;
• “Assessment of the social and economical effect produced by Shtokman gas-codensate field development project, Phase I, on Arkhangelsk Region”;
• “Development and implementation of quality management system at VELSKY WOODWORKING PLANT Ltd.”