Akademik Məlumat İdarəetmə Sistemi
55th International Scientific Conference on Economic and Social Development. , vol.0,5, pp.383-387, 2020 (Conference Book)
Within the framework of the regional
policy, development of both production infrastructure and
social infrastructure is being implemented. The latter is important not only for the provision of the same level of service
in all regions, but also for the economic development of the territories. The construction of social infrastructure facilities contributes to the growth of employment, and the development of higher education
through the development of high-tech industries, enhancing the responsibility of investors and territories for high-skilled labor. Regional policy focuses on the development of
social infrastructure, the creation of production infrastructure, the selection
of areas suitable for industrial and commercial buildings, the improvement of
transport links, and the creation
of water supply
systems. The choice
of forms of regional policy is important for this purpose. In
our opinion, these forms may include: investor awareness of regional
priorities, direct donations to regional studies, low-interest loans to
troubled areas, long-term low-interest loans for businesses, infrastructure
development support, regional export promotion, and regional export promotion.
development of programs and further strengthening of state support
for small business
development in the regions and identification
of such regions. Combining regional
policy-specific measures will help identify
complex tools, such as
regional development programs, regional features, and measures to accommodate
government agencies, the creation of free economic zones, support of border
regions, infrastructure development and incentive measures, and the development
of preferential visa and customs regimes.
Keywords: regional economy,
development, capital, tax