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Diagnostics Of The Investment Attractiveness Of Regional Socio-Economic Systems

Table 4: SWOT analysis of the Elbrus Municipal District

Strengths Weaknesses
Political stability in the country.Good ecological condition of the area.Favorable natural and climatic conditions.Increase in the indicators of the average monthly nominal accrued wages of enterprise employees that do not belong to small businesses.Small amounts of overdue wage arrears of enterprises and organizations (at year-end).A small number of unemployed people, most of them receive unemployment benefits.Availability of labor resources (there is a certain labor potential). Formed investment policy of the district does not provide for close cooperation with the general economic policy.Subsidization of the district budget.District budget depends on federal transfers.Lack of highly qualified workers, competent managers.Population migration: the number of people leaving the country exceeds the number of people arriving annually.Unfavorable demographic situation.Low level of investment activity.Products and services produced by the region enterprises have low competitiveness.Low performance indicators in such types of economic activities as: manufacturing, mining, agricultural manufacturing; production and distribution of electricity, gas and water; the amount of work performed by the type of “construction” activity.High level of entrepreneurial and investment risks.Proper investment sources of enterprises are in short supply.Social and engineering infrastructure is poorly developed.Low level of development of the banking system and financial mechanisms.Negative values of indicators of the balanced financial result (profit minus loss) of the activities of large and medium-sized organizations.
Opportunities Threats
Implementation of an investment policy aimed at creating an attractive investment and business climate, as well as supporting entrepreneurship.Enhancing the development of innovation and high-tech sector of the economy.Development of the tourism sector in the territory.Development of a resort area capable of attracting tourists.Mountain skiing development.Development of a sports and recreation complex in the area to increase the tourists’ attractiveness.Increase in the volume of the population services. Lowering the level of investment activity in the regionStagnation in the development of modern technologies.Decrease in the level of economic development.Increased criminal, social and financial risks.
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