Modern infrastructure and sustainable socio-economic development of the region

Vladimir Sulimin,Vladislav Shvedov,Maya Lvova,M Tsoy

doi:10.1051/e3sconf/202129603015

Vladimir Sulimin, Vladislav Shvedov + Show 2 more

Open Access

https://doi.org/10.1051/e3sconf/202129603015

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Abstract

In terms of a modern economic science, the basis of the term “region” is any key feature, aims at reflecting the integrated territory’s allocation. Such indicator can include the geographic location, the economic relationships, and the management activities particularity. The article presents the basic concepts, describes the key functions, features of the structure totality, systems and services located on the territory of a certain administrative unit, designed to ensure a high level of material production efficiency and standards of living. The region economic development dependence on the infrastructure development level as well as its importance for the social and economic spheres of public life are identified.

Highlights

For providing a high-quality region functioning, as well as the normal life of its population, the infrastructure is needed, viewed as a complex of structures, systems, services, on the basis of which the main branches of material production develop in order to meet the needs of the citizens
Its systematic increase determines the transition of the region's economy to the path of the intensive development [5]
The ultimate process goal aims at forming such an infrastructure, the functioning of which will lead significantly to the manufacturing-based economy, to transfer direct free funds to improve the quality of the population life

Summary

Introduction

For providing a high-quality region functioning, as well as the normal life of its population, the infrastructure is needed, viewed as a complex of structures, systems, services, on the basis of which the main branches of material production develop in order to meet the needs of the citizens. Development in terms of the economy means a constant improvement in the living conditions of the population, including the growth of: a) income and products consumption; b) the level of education and medical care; c) self-respect, mutual respect of people as a consequence of determined social, political, and economic relationships; d) the degree of personal freedom due to a high-quality supply of goods and services for the citizens [6]. The region development should be considered as a progressive change in its structure, namely, economy, population, territory, material and information contacts, space (configuration, areas, complexes). The economic potential of the territory is the basis for improving the living standards of the citizens, their labor, living and recreation conditions

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