Assessment of raw-mineral resources exploration influence on economic security of Russia

Abstract

This paper is devoted to the impact of development of mineral resources on the economic security of Russia. The main branch of the national economy, to which mineral resources have a significant impact, are reviewed. The authors examine the economic security in terms of strategic types of mineral resources of the national economy and the competitiveness of mineral resources and their reproduction in the long term, as well as the impact of mineral resources development on the regional economy. It is concluded that the primary socioeconomic development of the regions demands, on the one hand, rapid reproduction and development of mineral resources, and on the other hand, infrastructure of the reclaimed subsoil. The paper presents the activities of the state and recommendations on the formation of public policy in the sphere of economic security at the federal, sectoral and regional levels. The findings are based on the evaluation of the role of mineral resources in the leading economies, developing countries and Russia.