Internal And External Components Of The Socio-Economic Regional Development

Abstract

This study analyzes the key indicators of economic development in the regions of the North Caucasus Federal District (NCFD) over the years. The purpose of the study predetermined the need to set and solve the following tasks: to determine the list of factors of socio-economic regional development; to develop an algorithm for statistical study of the socio-economic regional development; to analyze key indicators of economic development in the regions of the NCFD. The authors formulated a new algorithm to the classification of socio-economic regional development factors. The article proposes to divide the factors into three blocks: the prerequisites and conditions of development, determining the vectors of development, uncertainty. The study highlighted the main contradictions in the analysis of factors of socio-economic regional development. It has been determined that socio-economic development is an extremely complex object, covers a wide range of private, but interrelated tasks with a help of regional statistics. The proposed algorithm for the statistical study of the socio-economic regional development includes five successive stages. The implementation of the algorithm for analyzing the socio-economic regional development involves the choice of analyzed indicators’ complex and factors of socio-economic development. The practical use of the algorithm proposed in the article was carried out on the socio-economic development of the regions of the NCFD. In modern conditions, it is necessary to further improve the conditions – legal, organizational, institutional, social, economic to ensure the dynamic development of the regions of the NCFD based on the regions potential and advantages.