Open AccessFactor Analysis of Investment Development: the Vitebsk Region of the Republic of Belarus
Author(s) -
Ирина Александровна Русак,
Iryna Rusak,
Виктория Борисевич,
Victoria Borisevich,
Екатерина Кравчук,
Екатерина Кравчук,
Любовь Кудренок,
Lyubov Kudrenok
Publication year - 2019
Publication title -
vestnik kemerovskogo gosudarstvennogo universiteta. seriâ: političeskie, sociologičeskie i èkonomičeskie nauki
Language(s) - English
Resource type - Journals
eISSN - 2542-1190
pISSN - 2500-3372
DOI - 10.21603/2500-3372-2019-4-1-135-142
Subject(s) - investment (military) , gross regional product , sustainable development , state (computer science) , economic system , gross domestic product , the republic , economics , economic growth , business , geography , regional science , economy , political science , algorithm , politics , computer science , law , philosophy , theology
The Republic of Belarus is currently moving on to market relations in pursuit of sustainable development. The level and prospects of regional development, as well as various local problems, directly affect the state of the country’s economy. The research features the socio-economic state of one of the regions of the Republic of Belarus in comparison with other entities. The paper describes a factor analysis of the investment development in the region. The authors analyzed the investment potential of the Vitebsk region, assessed its social and economic development, conducted a multidimensional comparative analysis to characterize its economic and social sphere, and rated its districts. The paper introduces a regression model of the effect of investment on the gross regional product and a map of "points" of social and economic development of the districts, together with possible directions of investment development.