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THE ISSUE OF DESIGNING THE KEY INDICATOR SYSTEM OF THE SOCIO-ECONOMIC DEVELOPMENT OF A REGION

Journal: Journal Association 1901 SEPIKE (Vol.1, No. 03)

Publication Date:

Authors : ;

Page : 241-245

Keywords : socio-economic system; key indicators; index; pre-investment studies; regional development;

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Abstract

The article deals with the issue of improving the system of universal indicators characterizing the socio-economic development of a region. These indicators are used for analyzing the development level of the federal subjects of Russia and this analysis is a significant part of drawing up further socio-economic strategies and pre-investment studies within the territory of a region. The purpose of this research study is to investigate the most important indicators among those listed by modern specialists and to propose some new key indicators, i.e. a personal finance index, a material consumption index per article, a power consumption index, an index of renewable resources use and a pollution index. It is known that relative indicators, such as the proposed indices, are not representative enough to provide a clear insight into regional development and a researcher can find some high grown rates while some absolute indicators are deficient, and vice versa. Nevertheless, we find those indices efficient in the present socio-economic situation in Russian regions.

Last modified: 2018-02-11 01:06:55