Theoretical and methodological basis of region’s self-development as stable development potential

The questions of the socio-economic measures of stable development in the region’s self-development context are considered. The strategic directions of region’s self-development for providingstable development are proposed. In socio-economic aspect the stable development of a region means the increasing of level and quality of life that implies overcoming unfavorable social, economic and ecological tendencies, preserving the possibility of a region to provide balanced development, self-regulation, self-improving with the usage of inner and outer loan resources to satisfy needs of people within a region. The self-development of a region can be defined as an ability of region’s economy in certain conditions to provide balanced development, forced increase in gross regional product for personal finances and creation of competitive atmosphere in a region directed to socio-economic development and corresponding to the increase in the quality of life, including optimal consolidation of providing regional self-regulation and state regulation of territorial development. By the level of regional self-development a definite state of a region is meant and it is conditioned by the totality of inner regularity of self- development that is reflected in the indicator of quantity. The indicators of socio-economic development that characterize region’s self-development potential are proposed, namely: GRP in actual prices as a generalizing socio-economic indicator of regional self-development; the volume of industrial products sold; the quantity of people engaged in the sphere of economy; the content of building works executed; the volume of servicessold; the investment in fixed capital; industrial enterprises that implement innovations among other enterprises; export of products and services; main means; real income per capita; expenses of population per capita; average monthly salaries and wages; saving – deposits of housekeeping in national and foreign currency; subsidies. Optimal relation of these indicators of self-development to GRP will make for the economic development of a region.