In economics the foremost global issue that can effect the domestic economy is how the major economies are performing on economic front. For example, a global recession that started in the US soon engulfed not only the neighboring regions but also had a great impact on all countries in the world. The reason is that due to WTO all countries are integrated through trade and finance. If one major economy slows down it effects other countries. But global integration of trade and finance have favorable effects too in case of East Asia and China, India whereas many multinationals based in the US and Europe have relocated their businesses in these regions because of later's stable economic and political circumstances. Then there is an issue of conflict that effect not only the country of origin but neighbors and sometimes the larger world. Conflict in Syria is one example of that where the war nearly spread neighboring regions and economic progress stifled in the region and countries were worried about economic, political and social stability.

Governmnent can definitely set the right frameworks for economic growth;

this fully depends on the applied economic philosophy and the efficient allocation of the specific resources of the country. The political class of an emerging economy must be able to read the global trends and to prepare the population for learning that pays, i.e. investment into people and technology.

Working Paper The Political Economy of Knowledge Automation

I agree with Dr. Ternyik.

STRENGTH AND STABILITY in developing countries are based on state power and the un-willingness tobreform. Its relationship with development or reform is generally negative. Strong developing state means undemocratic and antigpthetical to reform. Reform in these so-called strong developing (fake democracy) states generally means resistance to change; hence its stability and prolong middle income trap problems. As for the effect of the global economies, these developing states are more vulnerable than weaker but more developed states. The US, for example, is a weak state but strong economy (developed). There is more commitment, willingness and ability among developed-weak states to pursue reform. Since they are more responsive to the effect of global economy, the weak-developed economies are more adaptive to change and, thus, can engage in reform more effectively.

CONNECTIVITY CENTRE OF PUBLIC-PRIVATE PARTNERSHIP IN SHAPING THE PROJECT FINANCING MACROREGION

High dynamics of social and economic relations based on digital technologies, contributes to the value of industrial cooperation of enterprises. This article examines cooperation in the aspect of industry interactions and technological exchanges within business strategy and economic policy of the national economy. Scenarios of the economic order and mechanism of State regulation of the economy are analyzed, arguments for consideration of regulation as endogenous and exogenous parameter of economic mechanism are given. The article substantiates the hypothesis that modern evolution of the economic system is shown as receiving priority of collaboration vis-à-vis the two other types of transaction costs coordination (competition and power). In the context of digitalisation we can see modification of space as a system of business subjects economic interactions, the role and importance of geographical contiguity is being decreased. However, the article shows that priority collaboration coordination mechanism makes businesses take into account the need to coordinate its activities with economic agents located within the same territory. In general, this significantly complicates the notion and peculiarities of functioning of economic space.

Spatial Economy, Public-Private Partnership, «Shared Value», Informal Globalization, Economic Order, the Russian Far East

For citing:

Gudkova E.V. Connectivity Centre of Public-Private Partnership in Shaping the Project Financing of Macroregion. Regionalistica [Regionalistics]. 2019. Vol. 6. No. 5. Pp. 106–118. (In Russian). DOI: 10.14530/reg.2019.5.106