Potential of the real sector of the economy in the region

The real sector of the economy of a country or region includes such elements as industry, agro-industrial complex (AIC) and construction. Objects of management of these industries, as a rule, have not only territorial, but also national significance, since many of them are in republican ownership. However, located on the territory of the regions, these […]

Labor resources and labor potential of the regions

An important component of the social and economic potentials of the region is its labor potential, which is the total labor force and the aggregate social ability of the population to work. As an economic category, labor potential reflects production relations regarding the reproduction of psychophysiological, qualification, spiritual and social qualities of the able-bodied population. […]

Diversification of production

Diversification of economic activity is the expansion of the activity of large firms, associations, enterprises and entire industries beyond the core business, which is understood as the production of goods and services that have the maximum share in net sales compared to other types of products. Diversification – in a broad sense – a strategic […]

International credit: concept, principles, functions, types

International credit is the movement of loan capital in the  sphere of international economic relations in commodity or monetary form on the terms of urgency, payment and repayment. The subjects of international credit (lenders and borrowers) can be banks, firms, state institutions, governments, international, regional monetary, financial and credit organizations. International credit arose as one […]

Money supply model. Money multiplier

The supply of money (Ms) includes cash (C) outside the banking system and deposits (D), which economic agents can use for transactions if necessary (in fact, this is the Ml aggregate) Ms = C+D The modern banking system is a system with partial reserve coverage: only a part of their deposits banks keep in the […]