Open AccessFOREIGN ECONOMIC ACTIVITY OF A MACROREGION AS AN ECONOMIC ACTIVITY THAT CONTRIBUTES TO REGIONAL DEVELOPMENT AND FAVORABLE CONDITIONS FOR ATTRACTING INVESTMENT
Author(s) -
Lyudmila V. Oveshnikova,
Elena V. Sibirskaya
Publication year - 2021
Publication title -
naučnye trudy volʹnogo èkonomičeskogo obŝestva rossii
Language(s) - English
Resource type - Journals
ISSN - 2072-2060
DOI - 10.38197/2072-2060-2021-228-2-424-450
Subject(s) - foreign direct investment , competition (biology) , business , incentive , investment (military) , foreign capital , scale (ratio) , economics , economic system , market economy , geography , political science , ecology , cartography , macroeconomics , politics , law , biology
The foreign economic activity of macroregions acts as a form of competition, ьallows the use of economies of scale, expands the access of regional producers and consumers to world resources and markets, becomes an incentive for economic activity and an instrument for implementing the strategy of territorial development. The article studies the spatial characteristics and foreign economic potential of the Central Black Earth macroregion. The effectiveness of foreign trade activities of the macroregion is analyzed, the competitive positions of the foreign economic complex of the subjects of the Chernozem region are revealed. Particular attention is paid to attracting foreign capital and the development of innovative projects in the macro-region, as factors of economic activity and the expansion of foreign economic activity. The analysis made it possible to highlight the problems and determine the priority areas for ensuring the foreign trade self-sufficiency of the macroregion, which include the development of transport infrastructure, improving the investment climate, increasing the export potential, establishment of international cooperation in innovative projects of the macroregion.