Page 225 - Theoretical and Practical Interpretation of Investment Attractiveness
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support for sustainable investment projects aimed at developing regional
infrastructure;
ensuring the attractiveness of the investment environment in order to increase
the innovation and investment activity of local and foreign investors;
creating a convenient business environment that facilitates the organization of
joint projects based on high technologies and creating high added value.
6. Economic potential as an economic category determines the state and
capabilities of the economic system and serves to ensure the emergence of high economic
potential. It is important to take into account not only the production of goods and services,
but also their quality, the competitiveness of enterprises and the effective functioning of the
economic system in the future.
It should be noted that economic potential is considered as a consequence in the policy
of administrative and economic management of regions, and the future position of the region
is determined by its effective use. That is why it is important to correctly assess the economic
potential in regional management, increase the attractiveness of the investment environment
and pursue economic policies that support it.
Based on the availability of these internal capabilities, the state must implement
separate socio-economic programs aimed at the comprehensive development of regions and
ensuring the well-being of the population living there.
7. There are also cases in economics where excess capital stock reduces the
productivity of the capital factor and ultimately negatively affects output. In this regard, with
an increase in reserve capital, the quality indicator of labor resources should also increase in
parallel.
In other words, this situation indicates a not very high correlation between the
investments made and the national wealth created over the year. Therefore, when developing
measures for the integrated development of regions, it is advisable to take into account all
factors and make informed economic decisions based on specific regression models.
8. territories and, in the course of their analysis, determine the economic and social
potential of the regions of our country, create a system for calculating indicators in the
following areas of the economy::
labor (population, share of economically active population, level of population
with higher education);
production (production volume, residual value of fixed assets available at
enterprises);
financial (taxes, tax-free budget revenues, budget expenditures, investments in
fixed capital);
natural (agricultural lands, goods and services created in agriculture, minerals);
transport (length of roads, railway capacity, volume of transported goods);
infrastructure (sewage, power grids, level of gas supply to residential areas).
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