The world economy and the consumer culture of the population are changing rapidly. Informatization and high technologies have influenced the way of life on all spheres.In this environment the improvement of the mechanisms for regional development and the forecasting techniques to achive it has been characterized as one of the most important issues in regional economics.In these modern conditions, the development of a single regional policy should aim to achieve the key goals set by the Russian government in its attempt to improve the national regions by considering it as an integral part of the country's development strategy.

Svetlana Vasilievna Khusainova, Sergey Yurevich Bakhvalov (2018). A Regional System to Forecast the Social-Economic Development: The Case of the RF Regions, European Research Studies Journal Volume XXI Issue 1, 588-601