SOCIO-ECONOMIC DEVELOPMENT OF THE TERRITORIAL FORMATION OF THE REGION: STATUS AND PROSPECTS

The article deals with the socio-economic development and management of territorial entities in the areas of their formation and development. The necessity of studying social development, effective formation and use of the potential of the able-bodied population is noted. The theoretical and methodological approach to the study of the problem is considered. The theoretical and methodological approach to the study of the problem is considered. The relevance of the development of rural areas, tourism and folk crafts as socio-economic areas of regional development is shown. The nature of the increase in employment of population, especially women's, is substantiated. The state and prospects for the development of tourism and the service sector are disclosed. The connection between the production of handicrafts and tourism is highlighted. The efforts of the Government and local leadership in the development of these sectors of the economy on the basis of tax exemption for the production and sale of handicrafts were emphasized. The rapid recovery of the republic's economy after the COVID-19 pandemic was noted. Stable economic activity in the first half of 2021 in the studied areas is presented. It is substantiated that the growth of the social sphere contributes to the growth of all spheres of the economy.