ASSESSMENT AND FORECASTING OF FINANCIAL POTENTIAL OF REGIONAL ECONOMY
The article explores the issues of nature and assessment of the financial capacity of the regional economy of the subject of Federation. On materials of the Kabardino-Balkarian Republic considers its structural components, is carried out correlation and regression modeling, which are estimates. The profound analysis testifies to one of the important reasons of unprofitability of functioning of the regional economy which is that, since 2011, the sharp increase in business and management expenses, together balance of the other income and expenses, and resulted in unprofitability of functioning of regional economy in recent years. For the solution of this problem the specific author´s algorithm of calculations is offered. At the first stage, consistently comparing reporting characteristics of the income and expenses by years, their general indexes in the current prices are defined. The essence of the second stage consists in use of the consumer price indexes which are available in statistics testifying to inflationary processes within functioning of this or that subject of Federation.