Interregional economic integration as a factor of transitional socio-economic development of territories

Abstract

Interregional integration, interregional cooperation act as a driver for the accelerated development of regional economies, increasing their competitiveness in modern conditions. The system of economic relations, the interests of the regions, is determined by the specifics of the location of production by territories, the availability of sources of raw materials, and the availability of labor resources. The integration of regional markets, the development of cultural and humanitarian ties, the integration of production processes expand the possibilities of the economic interests of the regions, influencing the formation of a single economic space for the entire state. The socialization of the state, guaranteed by the Constitution, without economic equality is not able to ensure equality of rights and freedoms, the organic construction of politics and the economy as a whole, equalization of the level of development of territories. Interregional economic integration based on long-term federal and regional strategies, investment policies, and appropriate spatial development programs creates preconditions for leveling the socioeconomic level of development of territories.