WHAT should A SUCCESSFUL REGION SPECIALIZE in?

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MikhailMartynovichspecializes in economic geography and teaches master students."For me, regional economic development and the factors that affect it are of interest," he said.According to him, now in the world, there is a theory that the diversity of economic activity in a region is considered useful.

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However, this diversity of industries should be related to each other."For example, if you invest in the production of bananas and computers, you could succeed neither here nor there.However, if we develop various related sectors of economy, for example, different types of machine building, this would bring much more benefits to the region," the lecturer said.

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