INSTITUTIONAL DEVELOPMENT OF MECHANISMS OF THE COORDINATION IN MANAGEMENT OF REGIONS
The formation mechanism of coordination of institutions in regional management, which should be directed to the formation of a market system, balancing supply and demand, improve the quality of goods and services, new investment in the region, maintenance and development of enterprises, employment, held in opposing terms. The set of institutions provides the same mechanism that provides a synthesis, the relationship and interaction processes of the organization and self-organization. However, the desire to improve the institutions of the regions will be only in the presence of the most important condition - the real competition for investment and human capital. 
 The mechanisms of market regulation of territorial socio-economic activities are an integral part of a dynamic socio-economic system, the process of transformation requires the determination of the content and direction of reform, which, in turn, determines the significance of the theoretical search for improved management structures in local markets.