GEOECONOMIC BASES OF TERRITORIAL DEVELOPMENT POLICY OF NORTHCAUCASUS REGION

Abstract

The issues of forming a single regulatory mechanism for territorial development in the general system of state macroeconomic policy become important in modern conditions, helping to overcome the disproportion of socio-economic growth characteristic of the modern geo-economic development of the North Caucasus regions. The measures implemented in the framework of the modern economic policy of territorial development, have positive results and have had a significant impact on improving the socio-economic level of development of Russian regions. However, many Russian regions (especially the regions of the North Caucasus) retain the position of highly subsidized territories, which hinders the achievement of sustainable economic and social growth rates in the Russian macroeconomy. In these circumstances, it is necessary to take into account geo-economic and geostrategic development factors in the formation and implementation of a territorial development policy.