THE MAIN ASPECTS OF REGIONAL AND ECONOMIC DEVELOPMENT
Journal: Science and world (Vol.1, No. 12)Publication Date: 2014-08-15
Authors : Huseynova Kh.M.;
Page : 103-104
Keywords : regional economy; economic development; the region; the external factor; internal factor.;
Abstract
This article discusses the main aspects of the process of regional economic development, influenced by the changes as reasons of growth, the role of trade, mobility of labor and capital, the ratio of the regional economic structure to the growth, and the ratio of regional differences of the income and structure. The research has shown that the economic changes in the region are partly determined by the influence of external forces on the decisions and actions that might be taken by the parties located either outside or within the region.
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