REPUBLIC OF SOUTH OSSETIA IN SEARCH OF A MODEL OF ECONOMIC GROWTH

Abstract

The variety of theories of economic growth makes it difficult to choose a fundamental model as a working tool assessing economic growth in the Republic of South Ossetia. The article states that the national economy of the Republic of South Ossetia has failed to reach its full potential, emerging from gaining state independence, for more successful development. The existing internal and external constraints are blocked intensive development of finding financial resources is especially sensitive.

Keywords

• national economy
• economic models
• economic reforms
• the economic mechanism