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Global Trends in Public Management of Territorial Development in the Context of Decentralization of Power
Yaroshenko I. V., Semyhulina I. B.

Yaroshenko, Ivan V., and Semyhulina, Iryna B. (2020) “Global Trends in Public Management of Territorial Development in the Context of Decentralization of Power.” Business Inform 11:96–103.
https://doi.org/10.32983/2222-4459-2020-11-96-103

Section: Regional Economy

UDC 332.14

Abstract:
The progressive development of each country is the result of an effective management system at all levels of economic administration. Of particular importance is regional (territorial) development, due to the growing role of public regional management, the formation of local self-government, the influence of public organization of power on the socio-economic development of territories. In the context of activation of processes of decentralization of power, public management, transfer into the regions of certain powers to local authorities and increased responsibility for their activities significantly expands the socio-economic status of certain territories (regions, communities), the issues of development and stimulation, availability of effective mechanisms and instruments for socio-economic development of region (territories, communities, etc.) are becoming relevant. The existence of regional development problems in Ukraine with clear signs of increasing disparities of socio-economic indicators, increasing the number of problematic and backward territories, exacerbation of interregional socio-political tensions necessitates studying the world experience of functioning and development of territorial socio-economic systems and opportunities for the use of best practices for the formation of their own regional policy on the basis of effective management of territorial development in the conditions of decentralization of power. Changes in the legislation of Ukraine in terms of decentralization of power should concern the consolidation of the constitutional basis of local self-government, determination of its system and functioning with further detailed legislative regulation. This, on the one hand, will ensure the constitutional guarantee of local self-government, on the other hand – will provide a legal framework for its further development and improvement.

Keywords: territorial communities, territories, regions, public management of territorial development, sustainable development, the State regional policy, socio-economic development.

Tabl.: 3. Bibl.: 21.

Yaroshenko Ivan V. – Doctor of Sciences (Economics), Professor, Professor, Department of Accounting and Taxation, Kharkiv National Automobile and Highway University (25 Yaroslava Mudroho Str., Kharkіv, 61002, Ukraine)
Email: [email protected]
Semyhulina Iryna B. – Candidate of Sciences (Economics), Junior Researcher, Department of Macroeconomic Policy and Regional Development, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkiv, 61166, Ukraine)
Email: [email protected]

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