The Contribution of Natural Resource Producing Sectors to the Economic Development of the Sakha Republic

This paper provides basic materials for considering the sustainability of natural resource development in Arctic, taking Sakha Republic as a case study Russian Arctic regions. The author clarifies contribution mining industry to economic with special attention paid government budgets by numerical and statistical analysis regional municipal data. demonstrates that has been driving force growth oil sector sharply increased its presence while diamond decreased presence. Simultaneously, it reveals is unevenly developed Sakha, which caused significant inequality per capita Gross Municipal Product (GMP). Then, shows Sakha’s federal budget significantly recent years due growing production still more influential than republican local budgets.