NTEGRATION ASPECTS OF MANAGEMENT OF THE ECONOMY IN THE RUSSIAN ARCTIC REGIONS

Currently the system of management of the economy in the Russian Arctic is not effective enough, does not represent a unified organizational structure and requires serious restructuring. This is particularly relevant to the ever-increasing trend of weakening connections between regions of the Russian Arctic and the necessity to strengthen integration processes. In the article the authors propose the concept of integration of regional management systems’ activities based on developmentof their horizontal interconnections. This will allow more effective use of resources in the interaction process and focus them on solving common tasks in the Russian Arctic, which functions as a kind of management macrosystem, consistent in relation to its integrated northern territories. The fact that there is no unified approach makes it impossible to create an environment comfortable for the people working there. Regions have different ways of resolving issues related to the production location in territories where mining or minerals extraction is the main development feature. The management of subarctic territories has differences in the regions, that may help entities to unite due to financial opportunities. Development of territories of the Khanty-Mansi Autonomous District and the Arkhangelsk region territories is significantly different by their budgets, and the discussed programs are implemented in the regions depending on the availability of funds in their budgets. The article discusses options and scenarios thatcan help regions to develop a concept foroptimaldevelopmentof theterritories.