Innovational mechanism of managing the external effects in the conditions of transition of the region to the stable development

The analysis of modern mechanism of managing (internalization) regional external effects is given in the article, its specific features and structure in the conditions of transition of the regions to innovational economy and stable development are defined. The article considers the ways of internalization the external effects and possible directions of their improvement in the region with respect to the perspectives of forming new economy and providing ecological and economic stability.