PROBLEMS OF ENSURING THE MODERNIZATIONOF THE ECONOMY OF THE OLD INDUSTRIAL REGION

In conditions of aggravation of internal and external challenges for Russia, the modernization of the economy of its old industrial regions can act as one of the main sources of development and ensuring national security. The purpose of the article is to identify the problems of ensuring the modernization of the economy of the old industrial region. The study was conducted on the example of a region allocated within the boundaries of Cherepovets, Cherepovets, Sheksninsky, Kaduysky municipal districts of the Vologda region. It is determined that the key problems in the development of the economy of this region (weak diversification and high resource intensity of the economy) are aggravated by a reduction in productive forces, in particular, a decrease in the population, as well as the number of organizations and individual entrepreneurs, despite the implemented support measures in the region. An analysis of current economic management activities in the region has shown that it also does not allow solving existing problems. In conclusion, the paper presents the main provisions of the concept of ensuring the modernization of the economy of this region in order to solve the identified problems in three directions: ensuring economic and social development, as well as environmental safety.