37th International Scientific Conference on Economic and Social Development - Socio Economic Problems of Sustainable Development, Baku, Azerbaijan, 14 - 15 February 2019, pp.413-419, (Full Text)
In the current economic situation, at a time of limited resources and opportunities, as well as the number and severity of unresolved social and economic problems, the possibility of using the theory of "growth poles" is increasingly relevant. "Growth poles" ("points of economic growth") are agglomerations of enterprises, productions concentrated territorially and allocated by intensive innovative processes. Determination of the most perspective branches of development of regions, levels of development of branches promote increase of efficiency of strategic planning of the region, and also specific orientation of investment activity within area. Due to the limited budget, it is necessary to determine the unstable sectors of the region, as well as the development prospects characteristic of the region, for the implementation of support and regulation. The relevance of the topic is due to the fact that the formation and effective functioning of "points of growth" is increasingly approved as one of the key instruments of regional development policy, as well as the development of individual territories. The increase in the effectiveness of the measures proposed by the government, as well as the formation of an effective investment policy contributes to a clear definition of the main promising sectors of the regions, i.e. the "growth poles" of the regions. Determining the goal of creating a pole of competitiveness is the key to its further effective development. The pole of competitiveness is aimed not only at the development of enterprises and companies included in it, but also at the comprehensive development of the territory in which it is located. Clearly defined boundaries of creating a pole of competitiveness allow us to determine the structures that will control its activities. Lack of control often leads to inappropriate and inefficient public financing and hinders the development of the competitiveness pole. In the work considered two methods for determining the major growth poles: the first approach is based on the basis of determining the competitiveness of industries, the second approach is characterized by the determination of the structural elasticity of production in the region. Main results: the concept of "growth poles" for the region is characterized, as well as the algorithm for determining the promising growth poles is considered, the main promising industries are identified, as well as the level of development of each of the industries at the present time, the model of unique competencies of the region is presented, which will allow to identify interregional poles of competitiveness growth and develop strategies for spatial development of the region. The main methods used in writing the work are: comparative analysis, monitoring, historical and political science, the method of constructing scenarios, correlation and regression analysis.