Creation of the effective managerial decision on the development of the export and import potential of the region is mainly based on the analytical basis, which is set up in the result of monitoring of this potential, namely the system of indicators. The system of indicators is determined by the official statistics in the relevant country and should take into account the content of the export and import potential. Critical analysis of the relevant scientific works of different scholars on the content of the export and import potential shows that the export and import potential should be considered as a set of real opportunities and the ability to operate in an effective manner within the environment; the structure of the region’s potential is composed of resource, organizational, managerial and functional potentials, where the resource potential plays a key role; the form of manifestation of the potential as the result of activity is formation, realization and development; the potential’s development level depends on the size and the quality of its crucial elements and components. The authors recommend to calculate the indicator of the amount of the resource potential of the region as the ratio of the available number of elements of the resource potential in the region to the total number of elements of the resource potential in the country concerned. The article proves the logic of the stages on the monitoring of development and realization of the export and import potential of the regions.
CITATION STYLE
Malyarets, L. M., Otenko, V. I., Otenko, I. P., & Fatyanov, D. (2022). Monitoring the Development of the Export and Import Potential of the Regions. Montenegrin Journal of Economics, 18(2), 39–50. https://doi.org/10.14254/1800-5845/2022.18-2.4
Mendeley helps you to discover research relevant for your work.