The Baikal natural territory in the economic model of nature conservation

An analysis is made of the development and functioning of territorial nature conservation on the Baikal natural territory in terms of the economic model as an adjunct to the previously suggested institutional model. Based on using three main components of the economic model, it is shown that under environment activity-specific conditions, where the administrative methods of management are dominant, the stage of stabilization and enhancement of budgetary financing of specially protected natural territories leaves room for a compromise between nature conservancy objectives and the enlargement of the kinds of economic activities. Such an approach is capable of providing controlled access to the Baikal natural territory, and to the World Nature Heritage site, Lake Baikal.