Reaching Out to Indigenous People in the Russian Far East

Reaching Out to Indigenous People in the Russian Far East

The Russian Far East faces severe development challenges. Its remoteness and harsh winter conditions, particularly in the case of Magadan Oblast, limit economic development opportunities to mining and fishing. The weak investment climate, combined with geographic isolation, contribute to a poor standard of living. And the most vulnerable group is the indigenous community, where unemployment is four to five times that of the general population. The smart lesson summarizes the experience of the Russian Far East Business Development Project in working to develop new economic opportunities for entrepreneurs among the native population.

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Bibliographic Details
Main Author: Buhonina, Natalia
Language:English
Published: World Bank, Washington, DC 2009-05
Subjects:ACCESS TO FINANCING, ACCESS TO MARKET, ACTION PLAN, ADVISORY SERVICES, ANGEL INVESTORS, ARTISANS, BRANCH, BUSINESS COMMUNITY, BUSINESS DEVELOPMENT, BUSINESS MANAGEMENT, BUSINESS PLAN, BUSINESS PLANS, BUSINESS SUPPORT, BUSINESSES, BUYERS, CASH FLOW, COMMUNITIES, COMPANY, COOPERATIVES, CORPORATION, DEMAND ANALYSIS, DISTRIBUTION CHANNELS, ECONOMIC ACTIVITY, ECONOMIC DEVELOPMENT, ECONOMIC OPPORTUNITIES, EMPLOYMENT OPPORTUNITIES, ENTREPRENEUR, ENTREPRENEURS, EQUIPMENT, EXHIBITION, EXPANSION, EXPORT MARKET, EXTERNAL MARKETS, FINANCIAL ANALYSIS, FINANCIAL INSTITUTIONS, GENERAL POPULATION, HABITAT, HANDICRAFT, HANDICRAFTS, INDIGENOUS PEOPLES, INTERNATIONAL MARKET, LACK OF KNOWLEDGE, LIMITED ACCESS, MARKET INFORMATION, MARKET PENETRATION, MARKET SURVEY, MARKETING, MEDIUM ENTERPRISES, MICROFINANCE, NATIVES, NONGOVERNMENTAL ORGANIZATION, OPPORTUNITIES FOR WOMEN, OUTREACH, OUTREACH EFFORTS, PHOTO, POOR ACCESS, PRICING POLICY, RESULTS, REVOLVING FUND, SALES, SALES OPPORTUNITIES, SALES OUTLETS, SETTLEMENT, SHOPS, SMALL BUSINESSES, SOCIAL DEVELOPMENT, STANDARD OF LIVING, START-UPS, STORE, STORES, TRAININGS, UNEMPLOYMENT, UNION, VILLAGE, VILLAGES, VULNERABLE GROUP,
Online Access:http://documents.worldbank.org/curated/en/2009/05/10658692/reaching-out-indigenous-people-russian-far-east
https://hdl.handle.net/10986/10551
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Summary:The Russian Far East faces severe development challenges. Its remoteness and harsh winter conditions, particularly in the case of Magadan Oblast, limit economic development opportunities to mining and fishing. The weak investment climate, combined with geographic isolation, contribute to a poor standard of living. And the most vulnerable group is the indigenous community, where unemployment is four to five times that of the general population. The smart lesson summarizes the experience of the Russian Far East Business Development Project in working to develop new economic opportunities for entrepreneurs among the native population.

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