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BUSINESS SECTOR AS A FACTOR IN THE DEVELOPMENT OF THE REGIONAL ECONOMY

Author (s)

Igamnazarov N.I.

Abstract

The article discusses the effectiveness of the development of the business sector in the Sughd region of the Republic of Tajikistan. The main problems and conceptual issues of the formation of the business sector in Sughd region are investigated. The tendencies of development and processes of restraint of business activity in the region are revealed. On the basis of statistical data, the growth processes and the increase in the volume of cash and material injections in the real sector of the economy, as well as the increase in the rate of gross regional product in Sughd region are objectively considered. The general state of the effectiveness of the development of entrepreneurial structures in the specified region of the Republic of Tajikistan has been studied. It is noted that the matrix approach in assessing the effectiveness of the development of the business sector in the region based on socio-economic indicators makes it possible to determine the rating of the region. The so-called regional approach, which involves assessing effectiveness of entrepreneurship development from two sides is canvassed as well. Financial results of entrepreneurial activity, volume of profit (+) or losses (-) in the economy of Sughd region and efficiency of entrepreneurial activity in Sughd region of the Republic of Tajikistan were analyzed according to the criterion of “balance of financial result”.

 

Keywords

business entities, functioning, entrepreneurial activity, increasing efficiency, economy, region, development, methodological approaches, private sector investment

References

1.        The Law of the Republic of Tajikistan "On State Protection and Support of Entrepreneurship" // Tidings of the Supreme Council of the Republic of Tajikistan, 2014, No. 7, part 2, art. 404; 2015, No. 3, Art. 216; Law of the Republic of Tajikistan of 05/30/2017, No. 1436

2.        The Law of the Republic of Tajikistan "On Protection of Competition" // Tidings of the Supreme Council of the Republic of Tajikistan, 2017, No. 5, part 1, article 274

3.        Statistical Annual of Sughd Region. - Khujand; Central Directorate of the Agency on Statistics under the Auspices of the President of the Republic of Tajikistan in Sughd Region, 2013 - p. 175

4.        Statistical Yearbook of the Sughd Region. - Khujand; Main Directorate of the Agency on Statistics under the President of the Republic of Tajikistan in the Sughd Region, 2018 -P. 171,173,216

5.        Statistical Annual of Sughd Region. - Khujand; Central Directorate of the Agency on Statistics under the Auspices of the President of the Republic of Tajikistan in Sughd Region, 2019 - P. 25,74,76,217.

6.        Neshitoi A.S. Conceptual-Methodological Foundations of a Comprehensive Assessment of the Effectiveness of the Regional System of Support and Development of Small Business in Moscow // Financial management. 2002. # 5. URL: http://www.fmman.rU/articles/2002/5/651.html

7.        Mezentseva E.V. Methodology for Comparative Socio-Economic Assessment of Entrepreneurship at Subfederal Level // Concept. 2012. # 9. URL: http://www.covenok.ru/koncept/2012/12120.htm.

Publication date

Thursday, 25 February 2021