A Model of Regions Development in the Domestic Financial Space
Journal Title: Бізнес Інформ - Year 2015, Vol 12, Issue 0
Abstract
The article is aimed at studying the operable models of economic development of regions as well as development of a contemporary model, which would take into consideration the accumulated domestic and foreign experience, all this together will contribute to regional development. The tasks of this article are set as follows: clarifying the substance of the term of «region»; synthesis of characteristics of region's financial space; evaluating the efficiency of foreign models of regional economic development; development of a domestic-based model of region development. Formation of the basic directions of regional development in the local financial space is a new task, which has risen before the Ukrainian society in the middle of the second decade of the 21 century. In developing these directions, potential resources should be taken into consideration, activity of both the State and its social structures should be intensified, an effective monitoring of the use of resources, including financial resources, should be ensured. All this calls for consolidating the population, authorities, business structures, and only in view of such important setting, it is hoped to increase the paces of regional growth.
Authors and Affiliations
Miroslav Khomjak
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