Journal of Security and Sustainability Issues

National competitiveness is a multisided concept that includes a system of indexes, indicators, criteria, conditions and factors of development, mechanisms of its improvement. Competitiveness consists of a number of components that supplement each other and ensure steady economic growth, improving the welfare of the population. These are: science and education, innovation and investments, various infrastructure, real economy sector, small business, various services, natural and human resources. The objective of necessity to perform reforms at the regional level and the natural increase of the role of the regions in reforming the economy are predetermined by the fact that the ability of state bodies, ministries and departments to influence the course of reforms is gradually limited, and the new market mechanism is not working enough effectively yet. This shows the necessity of determination of the role and place of the region in the economic space, its potential possibilities and development prospects.