Ekonomika severního Kavkazu a její růstový potenciál

The major objective of this study is to analyze the development of the economy of northern Caucasus and its growth potential. By northern Caucasus in present thesis is considered the North Caucasus Federal District of Russia. The introduction briefly presents basic information about the study area and major historical events. The first part, which includes an introduction and theoretical background, characterizes the concept of economic growth, including the world-famous models of Harrod, Domar and Solow. In the practical part there`re analyzed the sources of economic growth of the region, especially labor, human capital and infrastructure. The two final chapters are specifically concerned with possible threats and opportunities for future economic development of SKFO, also the principal points and changes are proposed for faster and more efficient economic growth of the district.