PhD, Associate Prof. Nikolai Morozov
International Cooperation Department Institute of Financial Technologies and
Economic Security (IFTEB) of the National Research Nuclear University
(NIYAMU) Moscow Engineering Physics Institute (MEPhI)
PhD, Associate Prof. Farida Khamidova
Tashkent Institute of Finance
Abstract: The article examines the theoretical aspects of the formation of financial potential of the region in terms of sustainable development. The relationship between the financial potential of the region and its financial self-sufficiency and stability has been investigated. The main approaches to the interpretation of the definition “financial potential of the region”, which is widely used in the literature, are described. The financial potential of the region is widely interpreted in the context of a systematic and holistic research approach.
Key words: region, financial and investment potential, sustainable development concept, economic modernization, sustainability.