Mechanisms for Harmonizing the Sustainable Development of Kuzbass as a Resource Region

¹ Institute of Economics and Industrial Engineering of the Siberian Branch of the Russian Academy of Sciences, 630090, Novosibirsk, Russian Federation
² T.F. Gorbatchev Kuzbass State Technical University, 650000, Kemerovo, Russian Federation

^* Corresponding author: rgn.vt@kuzstu.ru

Abstract

The article views the problems related to harmonizing the development of a resource area. Kemerovo Oblast – Kuzbass is selected as the object of this study. We point out that, in the absence of consensus between authorities and business concerning the prospective development of the region, its economy may decay even despite obvious success in the fundamental industry, namely coal mining. It is strategically important for Kuzbass to create an efficient infrastructure for transforming the development of the coal industry into the economy-wide development of the region. Taking into account best international harmonization practices, we propose a conceptual system of mechanisms aimed at coordinating the interests of the commodity-driven business and the resource area built on the ‘common grounds’ shared by the coal industry and Kemerovo Oblast. The concept in question relies on the need to introduce business models to the industry management that would harmonize with the interests of the territory. At the same time, the territory should start to build a new economy by creating new standards that would establish requirements for doing business.