Regional aspects of economic potential of Southern Dagestan and problems of its use

Ashurov T.Sh.^1,2, Meylanov I.M.¹
¹ Дагестанский государственный технический университет, Дербентский филиал
² Дагестанский государственный университет, Дербентский филиал

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Journal paper

Russian Journal of Entrepreneurship *
Volume 18, Number 6 (March 2017)
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Abstract:
The article considers theoretical and methodological aspects of directions for effective use of economic potential of Southern Dagestan. We consider efficiency of using the potential of economy as a necessary condition for the economic development of the region. We examine “negative” aspects which stipulate the importance of creation strategic directions for the development of Southern Dagestan. Economic potential of the region serves as a tool for meeting this requirement. The value of economic potential of the region is ensured by the effective management of an economic entity. We also conducted a situational analysis of effective and targeted use of economic potential of the South Dagestan region.

Keywords: region, potential, investment activity, system approach, economic mechanism, economic policy, situational analysis

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