Methodological Approaches to Creation and Maintenance of the System of Monitoring and Evaluation of the Socioeconomic Development of Ukraine’s Regions

Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 1

Abstract

The article discusses methodological approaches to creation and maintenance of the system of monitoring of the socioeconomic development of Ukrainian regions. Ensuring stability of the socioeconomic development of regions requires efficient organizational management based on constant monitoring and evaluation of the current socioeconomic state of the region with a view to updating the managerial decision-making and determining the future development prospects. Organization of such monitoring allows establishing the relations between the indicators of the socioeconomic development of the region and responding to negative trends in these indicators in a timely manner. The system of monitoring and evaluation of the socioeconomic development of Ukrainian regions based on the methodological recommendations proposed in this work is time-efficient, dynamic, and flexible; it demonstrates the existing variations in the level of the socioeconomic development of regions within the studied time frame. The proposed methodological approaches to creation of the system of monitoring and evaluation of the development of the region allow virtually real-time independent assessment of trends in the development of its socioeconomic state, obtaining information on the state of the business climate in the real sector of the economy and its possible changes, promptly analyzing the financial state of the region and the most essential factors that determine the regional socioeconomic policy.

Authors and Affiliations

Igor Yaroshenko, Irina Semigulina

Keywords

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  • EP ID EP132514
  • DOI -
  • Views 101
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How To Cite

Igor Yaroshenko, Irina Semigulina (2015). Methodological Approaches to Creation and Maintenance of the System of Monitoring and Evaluation of the Socioeconomic Development of Ukraine’s Regions. Проблеми економіки, 2015(1), 180-186. https://europub.co.uk/articles/-A-132514