Moiseeva Lubov Andreyevna – Doctor of Science (History), Professor, Far Eastern State Academy of Art (Vladivostok).
Pecheritsa Vladimir Fedorovich – Doctor of Science (History), Professor, Far Eastern Federal University (Vladivostok).
The article reflects on the innovative state policy advocated in the Russian Far East in the context of developing investment climate. The principal component of the given process is believed to be a well-balanced regional, domestic / national and international integration which is to provide transition from "survival" model to "cluster" model of development of the Far Eastern region.
The investment climate in the Far Eastern Russian Federation subjects is viewed through the prism of ‘investment attractiveness' which is a general defining regional feature, as well as through investment activity which is the feature of productivity and efficiency. The paper contains information regarding investment growth within the Far Eastern region during 1999-2011, and presents the analysis of this process. The role, significance and activity of the Foreign Investment Council created in 2010 under the authorized supervision of the President of the Russian Federation in the Far Eastern region are being demonstrated.
The authors believe that the contemporary economic policy in the Far Eastern Russian Federation subjects should embrace transition from the isolated model of development to the gradual development of the latter via integration. Accordingly, within the confines of the "Strategy for the Sakha Republic (Yakutia) Production, Power System and Transportation Complex Development until 2020" fifty two main clusters are being formed - alongside Irkutskiy, Amurskiy, Magadan districts, and Khabarovskiy and Primorskiy regions which use APR investment assets. The uniform Far Eastern power system, transport and logistics clusters, space, metallurgical engineering, etc. clusters are those elements which, when combined, allow for the prospect of a new transportation corridor from the Trans-Siberian Railway and the Baikal-Amur Mainline through Yakutsk down the river Lena to the Northern Sea Route which is three times shorter than the one that controls the delivery of a huge stream of cargoes through the Pacific and the Indian Oceans, the Suez Canal to the Atlantic, and the given route is a much cheaper option. The Northern Sea Route is a huge territory which borders on the Arctic Ocean; its infrastructure requires large-scale investments. Therefore Russia's integration into the APR is a serious undertaking and a huge resource for the economic growth of the Far Eastern economy and Russia's as a whole, which may help solve the main tasks of an innovative state policy.
Key words: state policy, integration, clusters, investment climate, The Far East, The Northern Sea Route, The Asia-Pacific Region.