| | | | PROBLEMS OF MODERN ECONOMICS, N 4 (32), 2009 | | | | ECONOMIC PROBLEMS OF REGIONS AND BRANCH COMPLEXES | | | Novoselova N. N.
Assistant professor, Chair of Economics and Management, North Caucasus State University of Technology (branch) (Kislovodsk) PhD (Economics)
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| | | The article analyzes development of regional economy from the perspective of administrative and territorial division and discusses major reproductive and macroeconomic processes both on the regional and on the national levels. The author argues that the interaction between production and consumption possibilities of the region expresses itself in formation of the necessary institutional forms or regional economic organization that create sustainable and balanced regional economy | | Key words: economic system, reproductive process, macroeconomic process, competitiveness of the region, sustainable and balanced character of the regional economy, administrative and territorial division, administrative border | |
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