Using the Investment Multiplier to Reduce the Risks of Developing the Region’s Resource Potential

The relevance of the research is determined by the need to solve the problem of increasing the gross regional product (GRP), which is hampered by limited regional resources in the difficult conditions of the modern economy. The current situation requires the search for reserves for the formation of the resource potential of the regions, the use of which will stimulate the growth of GRP. The paper determines that such a reserve can serve as minimizing the risks of the negative impact of multiplicative effects on the process of forming the resource potential of regions. The subject of the study is the risks generated in the regional economy by the multiplier effects of investments in the formation of the resource potential of the region. The purpose of the work is to establish approaches to reducing risks that negatively affect the dynamics of the economic development of the regional economy. As a result of the research, a scheme has been formed for using the investment multiplier to manage the risks of forming the resource potential of the region. The paper concludes that a change in the structure of investments in the formation of a region’s resource potential can change the value of the regional investment multiplier and, as a result, increase the value of GRP.