The Problems of Ensuring the Harmonization of Economic Interests in Region

Abstract

The publication identifies the problems of harmonizing economic interests at the regional level. The necessity of research on interests of economic entities of regional level is specified, because contradictory interests of tiered subjects of economic system are manifested through their economic relations. It was clarified that regional policies to ensure sustainable development of the region should be based on economic, social and environmental policies. The approaches to definition of the nature of economic interest are allocated. The authors have reasoned that the main feature of functioning of the regional level is its own, specific system of economic interests connected with presence of many entities of economic activity on territory of the region: enterprises of local, regional, and of the State subordination, various institutions, and private enterprises. It is concluded that regional confrontations of economic interests, unfortunately, are very poorly amenable to regulatory actions by the State and regional authorities. Harmonization of economic interests in the region should be based on a combination of joint efforts by the State, business and society to find directions to eliminate contradictions for a balanced socio-economic development.

Keywords

• economic interests
• harmonization
• socio-economic development
• region
• ensuring