INTERACTION OF BUSINESS AND AUTHORITIES IN SETTLEMENT OF SOCIAL PROBLEMS AT THE LOCAL LEVEL
Nowadays Russian Federation is modernizing its economic system and forming socio -economic relations, constitutional state and civil society. In this context institutions of local government and business are becoming more and more important as the subjects of social relations. Their interaction can be used as an instrument for socio - economic development at the municipal level. These associations are formed for a certain period of time during which the project is planned to be delivered and falls apart after this. The results of the social reforms, the innovative potential of the territory and the implementation of the socio -economic development at the local level mostly depend on the efficiency of the interaction of these associations.