WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 19, 2022
Interaction of the Government and Business in Solving Environmental and Socio-Economic Problems of Russian Regions
Authors: , , ,
Abstract: This article studies the possibilities of using existing and developing tools for interaction between authorities and business structures to solve regional problems: economic, social, environmental, etc. Critical discourse analysis of the authoritative researchers' opinions and content analysis of the scientific teams' research results formed the basis of the logical and cogitative conclusions of the team of authors and made it possible to form the authors' position regarding the possibilities of assessing the manifestation degree of the partnership model of interaction between government and business structures through the development of its tools. To do this, the team of authors had to revise the methodological approach to the formation of an integral indicator that characterizes the interaction level between government and business from the standpoint of updating its tools, implementing the tripartite interaction aspect considering the growing role of society. Additionally, to introduce an environmental interaction component in the format of a national environmental rating. The quality of interaction between government and business in the partner model, in authors’ opinion, could be characterized through the development level of relevant interaction tools. Based on the identification of modern trends in the interaction between government and business, the authors substantiate the expediency of adjusting the methodological approach to assessing the level of interaction between government and business: emergence and growth of the role of the third party of interaction – society; strengthening the effect of interaction through the complex use of tools; considering environmental factors as an integral part in achieving the most important goal of interaction between government and business – improving the life quality of the population of the country (region). The importance of the research is due to the increment of scientific knowledge in the field of developing a methodology for determining a quantitative indicator that characterizes the level of interaction between government and business achieved in the research area, the integrative nature of the modified index, which allows accumulation of the identified development trends of all actors. As well as the declaration of the approach to calculating the index of interaction between government and business as a geometric mean, which allows to update a set of significant interaction tools constantly depending on the real situation with interaction in the country and regions.
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Keywords: government, business, interaction tools, interaction assessment, environmental rating, Region
Pages: 1107-1120
DOI: 10.37394/23207.2022.19.97