The index of happiness in the Arctic: index measurement and comparison of the dynamics of Arctic economies

The author presented a systematic comparison and author's interpretation of the level and dynamics of social and economic processes in the Arctic countries using statistical indexes of various international institutions, scientific and educational institutions of the Western countries. The article is also focused on the circumstances affecting the change of Russia's place in the world rankings. The article is aimed at contributing to the adjustment of management of the Russian Federation as an institutional background of acceleration of its economic and social development aimed at achieving a worthy place in the world rankings.