STRUCTURAL MODERNIZATION OF THE REGIONAL ECONOMY OF THE NCFD SUBJECTS: PROBLEMS, PROSPECTS AND FEATURES OF DEVELOPMENT
Structural transformations of the regional economy today are the primary necessity and driving force behind the transformation of the country's economy. In connection with constant external and internal threats and the need to overcome their consequences, the regional economy needs structural modernization and the definition of its essential features, which are the key to the formation of regional policy priorities, mechanisms for its implementation, improvement of tools and methods for the implementation of modernization measures. The above determines the theoretical and methodological essence of the structural modernization of the regional economy and is one of the most pressing and debatable issues of regional development and management. The study presents the scientific approaches of a number of Russian scientists to understanding the content of the definition of “structural modernization of the regional economy”. We believe that in order to improve the system of interregional management of the socio-economic potential of the subjects of the North Caucasus Federal District, it is necessary to develop interregional economic clusters, interregional innovation centers capable of more comprehensively using the resources of regional economies. In this case, the priority tasks of interregional organizational structures include strengthening competitive growth points, real building up and effective use of socio-economic potential, both of the macroregion as a whole and of its individual regional entities. Among other things, the article substantiates the need to modernize the structure of the national economy of the North Caucasian regions. A mechanism for managing the modernization of the economy of the regions of the North Caucasus Federal District is proposed.