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Factors and Conditions of Functioning and Development of Modern Regional Socio-Economic Systems

Author

Listed:
  • I.V. Zimakova
  • A.N. Kalashnikov
  • S.I. Kretsu
  • A.V. Kurillo

Abstract

Purpose: The purpose of this article is the systemic modernization of scientific ideas relating to the essential factors and conditions of functioning and development of regional socio-economic systems. Design/Methodology/Approach: To substantiate the article about the possibility of overcoming the socio-economic stagnation and recession of the region's economy based on modernization of research tools and management of local and regional socio-economic processes using modern agglomerative technologies and methods. Findings: Finding lies in clarifying the arrangement, structure and importance of socio-economic processes, factors and conditions of local, regional and interregional level that determine the effectiveness and sustainability of functioning of the economy. Practical Implications: Are determined by the possibility to use authors’ scientific results for audit, evaluation and adjustment of regional socio-economic impacts, measures and development programs, used during designing, forecast and assessment of socio-economic and complex efficiency of local and regional socio-economic activeness in the cities and municipal areas. Originality / Value: It is substantiated by development of the theory and methodology of regional studies of socio-economic factors and conditions that determine long-term prospects of stable functioning and sustainable development of the regional economy on the basis of adaptation of the basic direction of the system and reproduction processes.

Suggested Citation

  • I.V. Zimakova & A.N. Kalashnikov & S.I. Kretsu & A.V. Kurillo, 2019. "Factors and Conditions of Functioning and Development of Modern Regional Socio-Economic Systems," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 371-377.
    • Handle: RePEc:ers:ijebaa:v:vii:y:2019:i:special1:p:371-377
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    References listed on IDEAS

    as
    1. V.A. Bondarenko & T.V. Parkhomenko & T.B. Erokhina & N.V. Guzenko, 2017. "Marketing and Logistic Instrumentarium of Activation of Inter-Country Cooperation of Russia and Solving the Issue of Import Substitution," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 105-116.
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    More about this item

    Keywords

    Regional economy; regional socio-economic system; regional economic processes.;
    All these keywords.

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D39 - Microeconomics - - Distribution - - - Other

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