The importance of a favorable investment climate for the consistent implementation of structural changes in the regional economy

Abstract

It is required that investment processes should be aimed at enhancing the competitiveness of the region's economy and increasing the productivity of certain enterprises. Because of the continuing impact of the global financial crisis, the region needs to ensure high GDP growth and other economic indicators, mainly due to significant structural changes and improved production efficiency. The research shows that there is a high rate of expansion in the regions as well. This, in turn, indicates the development of the bases of development processes in the regions. The processes taking place in the region are an integral part of the regional processes.

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Identifiers

DOI

10.5958/2249-877x.2020.00026.0

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