| Popis: |
The framework of the general idea of developing the country's competitiveness include a regional competitiveness as issue not just academic interest but also attention of entrepreneurs and politicians. The national security strategy of different countries notes that a competitiveness is a sphere of national interests in long term prospective, and its improvement is a priority task, including creation of a mechanism for reducing the level of interregional differentiation in the socio-economic development of regions. This article contributes to a better understanding of a regional competitiveness through the lenses of potentials in order to cope with increased competition and digitalization of world economy. Existing empirical evidence documents a strong role of financial and monetary potentials while analyzing a diversification of a regional competitiveness. We argue that external and internal factors impact competitiveness by linking financial factors of competitive environment, financial sources of region and financial potential of region. We suggest that financial potential is considered from the standpoint of a structural and functional approach in terms of possible use budget, tax, credit, investment potentials. This paper suggests a theoretical interpretation of regional monetary potential and provides a mechanism of its measurement (based on some implications from empirical measures in the United States Federal Reserve System). |
