Challenging Issues of Socio-Economic Development of the Regions of Ukraine and Proposals for Addressing them in the Context of the Reform of Decentralization of Power

Journal Title: Бізнес Інформ - Year 2015, Vol 12, Issue 0

Abstract

The publication considers challenging issues concerning the differentiation of socio-economic development of the administrative-territorial entities (national and sub-national), which is one of the most topical issues of development of economic policy for most countries in the world. The importance and topicality of managing imbalances in regional development are postulated by that they provoke emergence and intensification of contradictions in reconciling the economic interests between regions, as well as between center and regions, increasing political fragmentation, economic disintegration and social explosions. Therefore, one of the priority reforms in Ukraine today is the reform aimed at decentralization of power, which provides for the establishment of an effective system of organization and management of socio-economic development at the local level. The main challenging issues are: annual growth of the gap between the regions-leaders and other regions of the country, causing rise of social tensions, absent points of economic growth in most parts of the country, unconformity of the system of administrative-territorial division of the country with the EU standards. One of the main directions in curing interregional differentiation and overcoming the problems of regional development in Ukraine is modernization of the system of administrative-territorial organization and local self-government bodies. Special attention should be given to consideration of the issue of establishment and functioning of a self-sufficient community, which is defined as the base level in the system of local self-government.

Authors and Affiliations

Igor Yaroshenko, Irina Semigulina

Keywords

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  • EP ID EP143671
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How To Cite

Igor Yaroshenko, Irina Semigulina (2015). Challenging Issues of Socio-Economic Development of the Regions of Ukraine and Proposals for Addressing them in the Context of the Reform of Decentralization of Power. Бізнес Інформ, 12(0), 105-115. https://europub.co.uk/articles/-A-143671