THE ROLE OF REGIONAL ECONOMY IN TERRITORIAL DEVELOPMENT AND ECONOMIC EFFICIENCY

This article scientifically analyzes the role of regional economics in territorial development and its importance in increasing economic efficiency. In the context of the modern economy, regional economic policy is considered an important factor in reducing economic disparities between regions, ensuring the efficient use of production resources, and achieving sustainable economic growth. During the research, indicators of regional economic development—such as gross regional product, the volume of investments, industrial production, and the growth dynamics of the service sector—are analyzed based on statistical data.