S. Boguslavskaya. Role of resource supply of the region on different phases of the economic cycle in globalization conditions.

Abstract

The article presents the principles of resource exchange according to the levels of the economic system and conducted a detailed analysis of each of them. The research of the resource supply of the economy in two directions of interaction was conducted: one-level (within one macro-region) and multi-level (between state centers) territorial entities. The constructive analysis of economic cycles in the context of resource support is carried out and the main drawbacks are outlined. It is substantiated that the growth of any economic system can not last infinitely unchanged, at a certain time, the limitations on resources will necessitate changes. It is concluded that resources are not only a necessary condition for the implementation of production activities, but also are involved in economic cycle, in the process of interregional exchange. It is confirmed that the growth of the national economy is possible with the growth of the majority of the regional economies (in terms of the contribution to the gross national product).