Arctic: New Political Economy

Alexander Bezgodov, a well-known researcher of macroeconomics and social issues, is devoted to the Arctic, one sixth of the planet's surface, which for many has remained an afterthought. But in recent years, the Artic has changed dramatically, with the global transformation of the climate turning deserted ice expanses into fairly safe land, hospitable for a short time. In two or three decades, it may become comfortable. With property in the Arctic having yet to be formalized, the stakes are high. World powers located thousands of miles from the Arctic Ocean are claiming their rights to a share of the common heritage of humanity. In this book, the author provides a comprehensive analysis of how economically successful states have sought to develop the planet's resources in the neutral spaces of the Arctic Ocean. Other topics include the history of polar expeditions and discoveries, the start of permafrost territories by pioneers, the cultivation of relations with indigenous peoples, the evolution of international Arctic law, and the developing map of territorial and neutral waters. Arctic highlights the stakes and why there will be plenty to argue about while also proposing solutions that could prevent a crisis.