Modern approaches to the formation and implementation of the state policy of regional development

Journal Title: Регіональна Економіка - Year 2016, Vol 81, Issue 3

Abstract

The main current problems of regional development in Ukraine are considered, most significant among them are: deepening of regions’ differentiation by the key indicators of socio-economic development; extension of depression areas; increase in the level of intra-regional differentiation; desintegration of the national economic space. With a glance to the international experience on the subject of a gradually transformation of traditional influence of state on regional development, focused on the investment support of some problematic regions and infrastructural projects with consideration of endogenous growth factors of the territories’ competitiveness, strengthening of innovation-oriented assistance, training and retraining of the workforce, and distribution of financial assistance for all regions, modern approaches to the modernization of the state policy of regional development of Ukraine are defined. Components of a new paradigm of its formation and realization are characterized. They are: the polyhierarchical interests of business entities at the regional level, principles of the vertical and horizontal coordination of managerial measures of encouragement of regional development; assurance of equal opportunities and favourable institutional prerequisites for a comprehensive development of regions, and increase of their competitiveness; implementation of hybrid instruments and mechanisms encouraging regional development. The strategic goal and objectives of the state regional policy for the period until 2020 are emphasized, as well as the beginning of the integrated approach, based on a combination of three components: a sectoral (branch), territorial (spatial) and managerial one, interaction of which has a synergetic nature, is stated. The ways of achieving of strategic priorities are also revealed. It is noted that among the priorities of the state regional policy, encouragement and support of local initiatives with regard to efficient use of internal potential of the regions is of a special significance in creation and development of a full-fledged life environment, improvement of the quality of human life. A conclusion about the fact that there is a more diversified approach, being formed in the state regional policy in Ukraine, is drawn. Such an approach focuses not only on the problems of alignment, as far as there are elements involving endogenous growth factors, improvement of the regions’ competitiveness, tasks associated with the territorial social-economic integration and spatial development, spread of innovations and also involving effective governance of regional development issues.

Authors and Affiliations

Svitlana T. Pukhyr

Keywords

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  • EP ID EP436635
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How To Cite

Svitlana T. Pukhyr (2016). Modern approaches to the formation and implementation of the state policy of regional development. Регіональна Економіка, 81(3), 26-33. https://europub.co.uk/articles/-A-436635