THE STRUCTURE AND FEATURES OF THE ECONOMIC DEVELOPMENT OF THE ECONOMY OF THE REPUBLIC OF SOUTH OSSETIA

Abstract

Annotation. This article focuses on the structure of the economy and economic development of the Republic of South Ossetia. A general overview of the physical geographical location of the country is given, as well as a description of the current socio-economic development.

The Republic of South Ossetia is located in the heart of the Caucasus, at the junction of Asia and Europe, and occupies the southern slopes of the Greater Caucasus and the foothills of the Kartlia Plain. The area is 3900 km2.

The main contribution to the development of the state's economy is light industry. There are a number of industrial facilities located around the capital Tskhinvali. The branches of enterprises producing construction materials are well established. Food industry makes 23%. There are metalworking and woodworking industries. There are several machine-building enterprises.

The Republic of South Ossetia is an agrarian country, although less than 10% of its territory is used for agriculture. The main foods are cereals, fruits and grapes. Forestry and animal husbandry are preserved

Cattle and pig farming in the dairy-meat direction has been launched in livestock farming.

According to the transport complex, cars, air transport, and railway transport are on the road in the country.