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Journal: Indo American Journal of Pharmaceutical Sciences (IAJPS) (Vol.04, No. 10)

Publication Date:

Authors : ;

Page : 3707-3712

Keywords : non-profit sector; non-profit organization; socio-economic development of the region;

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The inter-sectoral interaction plays an increasingly important role in the regional socio-economic development. The socially important issues are solved through the constructive partnership between the authorities, business and nonprofit organizations, the infrastructure development of regions and municipalities is being carried out, the investment climate is being improved and various innovative projects are being implemented, as well as the new products, services and technologies are being created, and the level and quality of life of the population is being increased. The inter-sectoral cooperation presupposes various forms of partnership between two or three major sectors of the economy. In this regard, we can talk about the public-private and private-public partnerships, or about the inter-sectoral interaction involving all sectors, which can give the greatest effect in comparison with other options. The article considers the issues related to the impact of non-profit sector on the social and economic development of the region. We selected five subjects of Russia for the analysis: Krasnodar Krai, Republic of Tatarstan, Sverdlovsk Region, Irkutsk Region and Novgorod Region. We identified the main indicators of the nonprofit sector development and analyzed the degree of influence of individual indicators on the level of the gross regional product on the basis of correlation-regression analysis. We have proved that the financial sustainability of the non-profit sector positively affects the overall level of the region's development. After the analysis, we offered recommendations to strengthen the positions of regional non-profit organizations. Key words: non-profit sector, non-profit organization, socio-economic development of the region

Last modified: 2017-10-20 17:06:15