Strategic portrait of Karachay-Cherkessian Republic development
Zhuravleva O.V.1
, Kalmykova A.Z.1, Mitrofanova O.N.2, Shchetinina I.S.3
1 Финансовый университет при Правительстве Российской Федерации
2 Липецкий государственный технический университет
3 Московский международный университет
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Journal paper
Journal of Economics, Entrepreneurship and Law (РИНЦ, ВАК)
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Volume 13, Number 12 (december 2023)
Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=63549393
Abstract:
The article is devoted to the problems of strategic socio-economic development of the republic. The analysis of the economic development of the Karachay-Cherkess Republic is carried out. The dynamics of indicators of the development of small and medium-sized businesses in the Karachay-Cherkess Republic is given. The structure by industry is highlighted. The factors constraining the rapid growth of small and medium-sized businesses in the republic have been identified. The emphasis is placed on the most promising areas of strategic development for the Karachay-Cherkess Republic, such as tourism and agriculture. The updated role of the considered spheres is supported by the conducted regression analysis. The Karachay-Cherkess Republic is an economically less developed region of Russia. In recent years measures have been taken here to strengthen the economy and develop key industries. The criteria identified by the authors, which determine the nature of competition and segmentation of consumers, have proved a fairly high level of competition in the republic's tourism market. This study is based on the study and generalization of Russian experience in the field of spatial economic development. Most territories, being at the initial stage of active growth, are experiencing difficulties in attracting economic interest to their region. Thus, the introduction of new development directions will allow the republic to reach a new level. The article will be of interest to specialists whose field of interest concerns regional strategic development.
Keywords: Karachay-Cherkess Republic, economic indicator, development strategy, tourist flow, regional economy, agricultural production, regression analysis
JEL-classification: Z31, Z32, L83, Q13, Q17, Q18
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