Features of the Region’s Competitiveness in Modern Conditions

The modern development of the economy is characterized by the strengthening of competitive relations at different levels. Recently, it is the regional aspect of the development of competition that has aroused increasing interest among scientists. It is especially growing in the context of decentralization and the growing role of the regions. The subject of the study of regional aspects of competitiveness is especially relevant, because the region is the subject for the formation of competitiveness of which efforts should be directed both at the national and regional levels. The article is devoted to the consideration of the peculiarities of the competitiveness of the region on the basis of horizontal and vertical relationships of subjects at different levels of competition. The author focuses on the fact that the positive influence of internal factors of competitiveness of a particular region should contribute to the use of advantages in this area compared to other regions. The article describes a set of key competitive advantages that ensure the competitiveness of the country’s regions, which causes differences in the level of competitiveness between regions. According to certain signs, it is proposed to perceive the “competitiveness of the region” as the ability to provide competitive advantages at the regional level based on the effective use of resource potential to improve the standard of living of the population, while economic the security of other regions and the state as a whole. It is noted that, despite the obvious links, there are some undeniable differences between competitiveness at the enterprise, regional and state levels. The author emphasizes that in order to fully disclose the understanding of the peculiarities of the competitiveness of the region of the state, it must be considered in comparison with other levels of subjects of competition. The theoretical significance of this study lies in the further disclosure of the essence of regional competitiveness. The practical significance of this study lies in the possibility of using the peculiarities of the competitiveness of the region in the formation of competition policy at this level.