ABSTRACT
This chapter focuses on the analysis of processes that adapt the undertaken reforms to regional specifics, and on the symbiosis of the results of self-organisation of the population and federal and regional innovations. It examines successful private-enterprise economic projects in the North Caucasus Federal District and Stavropol krai. As a crucial driving force of deep political, social, and economic transformations, demographic processes reinforced the demand for a regional policy that would account for the specifics and internal diversity of the region. The North Caucasus is characterised by ethnopolitical and territorial conflict, economic crisis, social turbulence, and growing Islamic influence. The rapid development of entrepreneurial activities and private initiatives in the North Caucasus coincides with the presence of multiple local communities that preserve a deep allegiance to traditional values and culture. North Caucasus society clearly shows a moral need for honesty, fairness, justice, and law observance.
