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Ponte Academic Journal
May 2017, Volume 73, Issue 5

THE LEADING BRANCHES OF DAGESTAN ECONOMY: PROBLEMS AND DEVELOPMENT PROSPECTS

Author(s): Nazirhan G. Gadziev ,Murtazali Rabadanov, Eldar Eldarov

J. Ponte - May 2017 - Volume 73 - Issue 5
doi: 10.21506/j.ponte.2017.5.7



Abstract:
The priority of economic development the main spheres of Dagestan: energy, industry, agriculture and transport is a strategic priority for the Republic from the majority of leading scientists in Economics and geography trends and possible prospects for improving the economic potential of the region is not discussed. At the same time judging to the budget of Dagestan in 2016 in the Republic the industry is still financed according to the �residual principle�. Energy, agriculture, the transport industry will have to arrange a new basis for the regional cluster system that aims to ensure flexible and mobile adaptation of the economy of Dagestan inquiring on the constantly changing foreign and domestic market. The highest level of the hierarchy, these industries will be most specialized in the interregional relations of production, which aims to provide large-scale presence of Dagestan to the Russian market and to determine its export potential in the future. The authors argue that the implementation of all priority projects will certainly provide the necessary impetus for the economy of the Republic. Ultimately, this will create favorable conditions for people\'s lives and to ensure their employment, being able to get a well-deserved salary, and then to form a positive image of Dagestan as a stable and secure region.
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