Management Mechanism for Balanced Development of the Regional Economic System
The article shows the method of management mechanism formation for balanced development of local markets of the region. The basic principle is the balance between the management mechanism elements and rules of local market development in the period when a regional economic system (RES) transits to an innovative model of development. Isolated elements of the management mechanism system of local markets, among which we consider functions - processes: balanced development regulation, financing, providing local markets information development, motivation and encouragement of markets participants, controlling the results of local markets development. The trends of exposure to the elements of the management mechanism for each local market of RES. The development of integration processes in local markets in the region leads to the formation of associations that give rise to forms of liability depending on that allows you to distribute responsibility for the development of supply and demand in domestic markets of RES between regional government bodies, business representatives and consumers. We formulate a conclusion about the advisability of forming the local market management mechanism to the principles matrix structure.