Arctic Yearbook 2015
combat the limitations imposed by a lack of economies of scale. Reducing dependence on external
transfers will likely become more difficult as the globe shifts to a non-hydrocarbon based energy
paradigm, an important source of local revenues in Alaska, northern Norway and the Russian Arctic
especially. Greenland is making the most protracted efforts to become wholly independent, of
Denmark, but a total break seems unlikely in the foreseeable future, as commodity prices slacken.
Finally, the innovative governance arrangements that extended around the Arctic can be said to have
benefited from a lack of path dependency – few historical insti