An empirical approach to the regulation of regional economic interaction systems

Abstract

The modern type of regulation adopted in most countries is a Keynesian-monetarist synthesis that combines monetary and fiscal policies, public procurement mechanisms, public entrepreneurship, and other forms of government regulation. The totality and combination of these elements form a certain model of regulation of the market economy, which depends on the state of the national economy, the solution of social problems, and the international situation. In the conducted scientific and practical research, based on the statistical analysis of current trends in the development of states and the management system, the choice of the optimal model for the implementation of economic policy has been shown. The research methodology has been based on a structured model based on quantitative (statistical data) and qualitative indicators for the correct theoretical interpretation of the research results and key metrics, variables in the study. The key result of the study was the conclusion about the correctness and high degree of significance of the use, the described research methodology, and the conclusions about the key dependencies based on the results of the analysis.