Methodological Issues in Determining the Attractiveness of the Investment Environment

Abstract

The role of the regions, the integrated activities carried out there, the conditions created for entrepreneurship, and the development of institutional structures that ensure competitiveness are of particular importance in the economic development of the country. The annual growth of the gross regional product ensures an increase in the income of the population employed in the economy, an increase in the profits of companies and in the funds flowing into the state budget. An increase in income, in turn, leads to an increase in demand for goods and services. Economists have proved in their studies through econometric analysis that the wealth generated in the regions is directly linked to the growth of a country's economy.