Abstract

The authors examine the issues of public regulation of regional development in this article. The reasons for regulation are mentioned – a balanced distribution of resources, economic development, the need for local fiscal and investment policies, as well as the regulation of trade and market relations. Measures of public regulation are being considered. Among them, for example, investment in infrastructure to stimulate a region’s development, as well as specialization. Such measures of state regulation contribute to ensuring social justice. For example, creating economic zones or zones of priority development in underdeveloped regions will attract investment and create jobs. That will reduce the level of inequality between different regions of the country. The conclusion is as follows: the regulation of state development is important for the growth of the region’s economic development and correcting the imbalance in development between regions.

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