The implementation of the compliance in regional economic processes

Abstract

Purpose: the important problem, the regions face, consists of the creation of conditions for the intensification of economic growth and the achievement of economic efficiency. This call for paper presents a theoretical rationale for the use of compliance in the socio-economic system, which is becoming increasingly important in Russia. Discussion: the author describes the essence of compliance and the necessity of its application in the regional economy as means of ensuring the effective functioning of economic entities in the competitive environment. The place of the compliance in management system is showed. Its application is exampled. Results: in conclusion, the methodology for the formation of the system of management of the regional economy with compliance is proposed and recommendations for calculating the efficiency of its use are given.