To the issue of regional specialization and stimulation of investment activity in the context of ensuring economic security

Relevance. Ensuring the economic security of the Russian Federation as a strategic goal of state policy to achieve national priorities creates conditions for high rates of economic growth and improving the quality of life of the population. In this aspect, it is necessary and appropriate to search for optimal and effective tools, ways and methods that contribute to the socio-economic development of regions, one of which is economic specialization, which allows to maximize the efficiency of using the available potential and competitive advantages. The purpose of the study is to substantiate the effectiveness of industrial-agricultural specialization of the region in order to ensure economic security by conducting a comparative assessment of the dynamics of development of the CFA regions with different types of economic specialization for 2017-2021. Objectives: to consider theoretical aspects of economic specialization of regions, to analyze the structure of gross regional product of the CFD regions, grouping by type of specialization, to assess the dynamics of growth indices of gross regional product, investment in fixed capital, average per capita cash income of the population for 2017-2021. Methodology. Within the framework of the conducted research the authors use general scientific methods: scientific abstraction, analysis and synthesis, generalization of scientific practice, deduction, induction, economic and statistical analysis, comparison, summary, grouping. Results. The conducted research allowed to form and highlight the following scientific results: to substantiate the effectiveness of industrial-agricultural specialization in order to ensure economic security, to formulate the conditions necessary for the transition to industrial-agricultural specialization, to identify the advantages of this type of specialization over others. Conclusions. Regions with industrial-agricultural specialization are characterized by higher growth rates of gross regional product, investment in fixed capital and average per capita income of the population. Also, the regions with industrial-agricultural specialization retain positive dynamics of development in crisis conditions: it is the regions with this specialization that demonstrated positive dynamics in the growth of gross regional product and investment in fixed capital at the end of 2020.

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Publication Details

Journal
Proceedings of the Southwest State University Series Economics Sociology and Management
Published
2024-12-06
DOI
https://doi.org/10.21869/2223-1552-2024-14-5-123-134
Primary Topic
Economic Issues in Ukraine
Type
article
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article

To the issue of regional specialization and stimulation of investment activity in the context of ensuring economic security

A. I. Pialcev, L. V. Afanasyeva
Proceedings of the Southwest State University Series Economics Sociology and Management
Economic Issues in Ukraine
article

To the issue of regional specialization and stimulation of investment activity in the context of ensuring economic security

A. I. Pialcev, L. V. Afanasyeva
article en

Abstract

Relevance. Ensuring the economic security of the Russian Federation as a strategic goal of state policy to achieve national priorities creates conditions for high rates of economic growth and improving the quality of life of the population. In this aspect, it is necessary and appropriate to search for optimal and effective tools, ways and methods that contribute to the socio-economic development of regions, one of which is economic specialization, which allows to maximize the efficiency of using the available potential and competitive advantages. The purpose of the study is to substantiate the effectiveness of industrial-agricultural specialization of the region in order to ensure economic security by conducting a comparative assessment of the dynamics of development of the CFA regions with different types of economic specialization for 2017-2021. Objectives: to consider theoretical aspects of economic specialization of regions, to analyze the structure of gross regional product of the CFD regions, grouping by type of specialization, to assess the dynamics of growth indices of gross regional product, investment in fixed capital, average per capita cash income of the population for 2017-2021. Methodology. Within the framework of the conducted research the authors use general scientific methods: scientific abstraction, analysis and synthesis, generalization of scientific practice, deduction, induction, economic and statistical analysis, comparison, summary, grouping. Results. The conducted research allowed to form and highlight the following scientific results: to substantiate the effectiveness of industrial-agricultural specialization in order to ensure economic security, to formulate the conditions necessary for the transition to industrial-agricultural specialization, to identify the advantages of this type of specialization over others. Conclusions. Regions with industrial-agricultural specialization are characterized by higher growth rates of gross regional product, investment in fixed capital and average per capita income of the population. Also, the regions with industrial-agricultural specialization retain positive dynamics of development in crisis conditions: it is the regions with this specialization that demonstrated positive dynamics in the growth of gross regional product and investment in fixed capital at the end of 2020.

Proceedings of the Southwest State University Series Economics Sociology and ManagementVol. 14(5)
Southwest Minnesota State University (US)
Openalex Percentile: Top 60%
Economic Issues in Ukraine
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