Problems of Financial and Investment Support Modelling of the Regional Social and Economic Development

Abstract

The main aim of the research is to investigate the problems of financial and investment supportmodelling of the regional social and economic development, to analyse the conceptual practical approach tothese problems and definition of the adequate mechanisms. Proceeding from the objective situation of theregional social and economic development in Azerbaijan there was justified a complex functional structure ofthe regions. The factors which enables the sustainable development of the regions, the principles and measuresof the financial and investment support were determined. The significance of conceptual practical approach tofinancial and investment support of the regional social and economic development was revealed. Thesignificance of financial and investment support in the modelling of social economic development on theregional level, the maximum rational use of the local natural and economic supplies in formation of thefinancial resources, and enterprises modelling issues were analysed. There was prepared a structure ofregional investment policy formation and implementation system. The formation factors and implementationways of preparation mechanisms of the regional investment policy were determined. The directions ofstrengthening of the finance and credit support of the social and economic development programs werejustified. There was also given a scheme of strengthening of the financial and credit support rationality of theregional social economic development program. The fraction of regions in the total amount of the economicagents in Azerbaijan was analysed. There was prepared a scheme of important directions of the multiplicativeeffect in the social economic development of the regions. The efficiency issues of the regional socialeconomic development program in Azerbaijan were analysed. There were presented the dynamics of fundsoriented to the nominal capital on regions in Azerbaijan and dynamics of funds oriented to the nominal capitalper capita on regions. The current situation of the regional social economic development in Azerbaijan andproduction of outputs on the economic regions were analysed. The dynamics of outputs production per capitain the main fields of economics region-wise and the dynamics of industrial production volume region-wisewere also presented. There were generalized the factors determining the strengthening of financial andinvestment support of the regional social economic development. There were shown the ways of strategicapproach to the financial and investment support of the social economic development in the regions in theshort and long terms in Azerbaijan. There were prepared suggestions and given advice on the issues reviewedin the article. This is a sample of the format of your full paper.