Evolutionary Approach To Regional Foreign Economic Development Recommendations

Abstract

The article reflects some relevant aspects of the development of recommendation systems for the development of foreign trade activities of the regions. In the conditions of changing external conditions and evolutionary processes, it is necessary to adjust approaches to assessing the stability of systems. The paper proposes a methodology for the study of relations in regional foreign trade using graph theory. The analysis of the system indicators of foreign economic activity, namely the trade profile of the region based on the index of economic complexity. Variants of a scenario approach for the development of non-resource non-energy exports of regions are proposed. A prototype of software tools that can be used by government agencies to justify decisions on foreign economic activity in the region is described. This research article would be of interest to researchers, policymakers, and practitioners in the field of foreign trade, regional economic development and new IT technology.

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Publication Date

30 September 2024

eBook ISBN

978-1-80296-966-5

Publisher

European Publisher

Volume

4

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-

Edition Number

1st Edition

Pages

1-1008

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Kislyakov, A., Tikhonyuk, N., & Musaev, S. I. (2024). Evolutionary Approach To Regional Foreign Economic Development Recommendations. In K. A. Said-Akhmadovich, & A. S. Salamova (Eds.), Modern Trends in Governance and Sustainable Development of Socio-economic Systems: From Regional Development to Global Economic Growth, vol 4. European Proceedings of Multidisciplinary Sciences (pp. 257-270). European Publisher. https://doi.org/10.15405/epms.2024.09.32