A V Babkin's scientific contributions

The article proposes a solution to one of the key problems – the use of information technology in the management of territorial processes based on the development of tools for digitalization of economic processes on the basis of the software product to identify the structural elements of the economic potential of the regions of Russia, including the features of such regions as the Arctic. As a tool for the implementation of this approach, the VBA programming language built into the Excel spreadsheet is used, which allows flexible use of a standard software product for solving problems at the macroeconomic level. The aim of the study is to develop tools for digitalization of economic processes on the basis of a computer program to determine the extreme structural elements of the growth of the economic potential of the regions to support management decision-making. The systematic approach, methods of statistical and economic analysis, including horizontal and vertical analysis, allowed the authors to assess the dynamics of extreme values of the level of development of economic sectors in the regions of Russia and to develop recommendations for the development of the Federal districts and regions. The directions of further researches consist in application of multidimensional modeling of data for collecting and automatic processing of statistical information on a condition of subjects of the Arctic region.

Our work is devoted to the problem of the economic systems stability analysis. At the same time, we call stable those economies that demonstrate growth and expansion up to the limits guaranteed by the modern level of technological development of mankind. Such growth in terms of “production”, “profit”, “business cost” should be harmoniously combined with the welfare growth and fundamental “confidence in the future” of the people. The objectives of the study are: 1) the analysis of the factors that are difficult for modeling both in general and in the study of the economic stability problems in particular; 2) the development of options to improve the validity, effectiveness and practical value of the equilibrium models use for the options of economic policy, its results and prospects mapping. Substantiation of expediency of stability, economic and welfare growth modeling on the basis of a set of computable General equilibrium models, and dynamic input-output models; 3) the development of mathematical algorithm for optimization of economic systems’ own dynamic properties, auxiliary functions of the transient processes quality simulating investment activity in economy as a necessary condition for the economic growth.