Economic Regulation of Regional Development: Target Orientation and Functional Content (Conceptual Approach)

Abstract

The article studies theoretical features, target orientation and functional content of economic regulation of regional development. It identifies the content of the “economic regulation of regional development” notion with respect to the region as a territory, economic system and economic space. It establishes that economic regulation of regional development is a system impact on certain parameters, revision of which would ensure positive dynamics in revision of basic characteristics of regions such as properties, features and boundaries. It identifies the main goal and complex of tasks (complexity, target character, variability, resource provision, addressness and manageability) of economic regulation of regional development. It shows directions of increase of efficiency of the system of economic regulation of regional development.

Keywords

• region
• economic regulation of regional development
• territory
• economic space
• economic system