Page 98 - Theoretical and Practical Interpretation of Investment Attractiveness

3.1.1-figure
Research aimed at methodical evaluation of the socio-economic condition of the
regions of the country 128

Style Indicator system
True Savings GS (True Savings) = (GDS-CFC)+EDE-DRNR-DME,
(“True savings” as defined by the World where: CDS – gross domestic savings, CFC –
Bank) depreciation of productive assets (due to obsolescence),
EDE – education expenditures, DRNR – loss of natural
resources be , DME – damage due to environmental
degradation.
The indicator system was developed by the A total of 60 indicators in 4 areas: social, economic,
United Nations Commission on Sustainable environmental, institutional.
Development (UN).
Integral indicators indicating the stability of Indicators in 3 areas: economic, social, environmental.
the socio-economic system of the region,
proposed by S.A. Zarubin.
A method for a comprehensive assessment of 11 indicators: GNP, volume of capital investments per
the socio-economic development of a territory, capita, volume of foreign trade per capita, average
proposed by O. V. Skotarenko. number of employees in private enterprises, etc.
A methodology for assessing socio-economic Five areas: real sector, investment and foreign economic
potential was proposed by I. V. Taranenko. activity, financial results of enterprises, social sector,
consumer market.
Socio-economic potential of the region, Six areas: labor, production, nature, finance, transport,
proposed by A.N. Syrov. infrastructure.

It is possible to compare methodological analyzes aimed at the problem of stabilization
of socio-economic development of the country, and by comprehensively researching them,
partial views can be given. The first method is to base the country/territory stability
assessment on a single indicator. This includes the "Genuine saving" method. Its purpose is
to take into account the net change value of total assets important for development: productive
assets, natural resources, state of the environment, human capital.
Calculation of the final indicator (GS) is carried out in two stages: in the first stage,
the value of net domestic savings (NDS) is determined, in the second stage, the increase of
net domestic savings due to educational expenses and the decrease due to the loss of natural
resources due to the deterioration of the environment are shown.
The advantage of this method is that it results in the calculation of positive or negative
results with the same value. Persistence of negative results means that the region is on the
path of unsustainable development. However, when comparing the "Genuine saving" method
with other methods, it also has some weaknesses. That is, this method makes it impossible to
assess the sustainable development of the region from the point of view of the country's well-
being.

128 Mustafakulov Sh.I. Analysis of existing methods of assessing the socio-economic and innovative potential of regions.
"Finance and banking" electronic scientific journal. April 2016, Issue 3, pp. 5-16.

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