E. Boychenko, Y. Drobotenko. Features of reproduction of the productive forces in terms of restructuring the region's economy.

Abstract

The article proves that the restructuring of the regional economy involves changing the structure of production, expanding the range of products, increasing the level of innovation, forms and methods of management, the formation of the social structure of society. Restructuring is understood as a fundamental transformation of business, production, economic, social and other conditions for the functioning of enterprises and the implementation of a number of measures to bring them in line with the changing requirements of society and social structure. The essence of the restructuring of the economy is that as a result of diversification in the structure of the economy of the region there are changes in the processes of reproduction of the productive forces of the region. And, above all, changes are taking place in the structure of the labor resources of the region. In modern science under the productive forces refers to the system of factors of production, which transforms the substances of nature, according to requirements, people create material and spiritual benefits and determines the growth of labor productivity. The main factors of production are defined such as land, labor, capital. It is proved that the content of the production process is the use of material and human resources, which, becoming production factors, combined in the interrelated processes of labor, the result of which is the creation of economic and social benefits necessary for the life and development of society. The production process combines all the factors of production that affect its efficiency and effectiveness. In order to determine the patterns of reproduction of productive forces in the restructuring of the region's economy, the article highlights the following factors: natural and geographical, which act as a natural environment for economic development; geopolitical, which consist in the formation of the environment of the territory; demographic, which determines the structure of the labor resources of the territory; economic, which are found in the structure of territorial and sectoral distribution of employment, the level of employment and registered unemployment, working conditions, territorial mobility, etc.; social and innovative.