TYPOLOGY OF INSTITUTIONAL FACTORS INFLUENCING THE DEVELOPMENT OF THE ECONOME OF THE NORTHERN REGIONS
Journal: Moscow Economic Journal
Year: 2024

Institutional factors play a key role in shaping the direction and nature of regional economic development. They define rules and regulations that affect economic activity, the investment climate, and social progress in the regions. The author presents a comprehensive typology of institutional factors determining the socio-economic development of the northern regions. This typology identifies the key institutional factors affecting both the economy and the social sphere of the northern region. T