Page 110 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE

• Selectivity of state policy in respect of assistance to development

of the regions;
• Precise address and location of the assistance;

• Provision of legislative and control basis.

Justification of objects for assistance is implemented in accordance
with social-economic conditions, forecast of future development in the

region, principle of selection of the worst case among existing ones. The

forecast scenario includes current and developing trends as well as non-
manageable events, which can affect the final outcomes. Based on

mentioned above methods it is possible to estimate the current
development status and future diagnostics of depressive regions.

Each scenario includes information regarding quantities of
attracted resources, changed in depressive situation of the regions and

mechanism for elimination of such factors. In other words scenario

approach suggests several options for change of existing situation and
required for this quantity of resources, changes in management

approach. Scenario approach provides not only variety of options with
different possible outcomes but also gives view on existing development

opportunities and their evaluation.
Selectivity of state policy in respect of assistance is explained by

the huge number of economic entities in the regions and limitations of

local and state budgets.
During stimulation of depressive and remote regions by the means

of clusters especially in condition of social-economic, natural resources

and ecological crises it is very important to pay specific attention to
small groups with the region. This structure should include state

institutions and unions as well as entities engaged in business activity,

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