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The Current Principles of Regional Development Management and Regional Policy Formation
Churikanova O. Y.

Churikanova, Olena Yu. (2020) “The Current Principles of Regional Development Management and Regional Policy Formation.” Business Inform 12:128–133.
https://doi.org/10.32983/2222-4459-2020-12-128-133

Section: Regional Economy

UDC 33.332

Abstract:
The article is concerned with the current principles of regional development management and formation of regional policy. The key aspects and mechanisms of regional governance such as public administration and regionalistics are examined. The directions of research in the sphere of regional development management are provided. The main stages and components that provide for the implementation of the State policy of regional development are considered. Based on both Ukrainian and European regional development strategies, the following key principles of regional development management and regional policy formation are allocated: regional development based on the principles of sustainability; regional development based on the principles of circular economy; regional development based on the principles of typologization of regions; regional development based on the principles of investment policy. Each of these principles is considered separately in terms of the importance of application in the formation of regional development policy. During the analysis, it was noted that the topical issues in the formation of regional development strategies on the basis of sustainability were and remain the issues of assessment of the achieved results, which are distilled down to the development of a single conception and determination of the relevant goals of the group of indicators on which this conception should be based. It also emphasized the need to develop certain measures for the implementation of circular business models, development of transition strategy and policy of both the State-controlled and regional support. It is specified that in order to effectively develop territories in the management of regional development and formation of regional policy, it is necessary to take into account the specifics of each region, and therefore to perform a preliminary typologization. When considering regional investments in the formation of a regional development strategy, it is emphasized that in the formation of an effective investment policy at the regional level, the application of the approach based on the typologization of regions both in terms of development in general and in terms of investment development in particular becomes an important aspect. The general conception of regional development management and regional policy formation has been formed. The author emphasizes the conformity of such a conception to modern conditions for the development of Ukrainian regions.

Keywords: regional policy, regional development strategy, sustainable development, circular economy, typologization of regions, regional investments.

Fig.: 2. Bibl.: 8.

Churikanova Olena Yu. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics and Economic Cybernetics, National Technical University «Dnipro Polytechnic» (19 D. Yavornytskyi Ave., Dnіpro, 49005, Ukraine)
Email: [email protected]

List of references in article

Korotych, O. B. “Derzhavne upravlinnia rehionalnym rozvytkom krainy: teoretyko-metodolohichni zasady“ [State Governance of Regional Development: Theoretical and Methodological Principles]. Derzhavne budivnytstvo, no. 1 (2010).
Churikanova, O. Yu. “Rehionalna polityka Ukrainy, problemy ta perspektyvy v konteksti rehionalnoi polityky YeS“ [The Regional Policy of Ukraine, Problems and Prospects in the Context of the EU Regional Policy]. Ekonomika ta derzhava. 2015. http://www.economy.in.ua/pdf/2_2015/13.pdf
Pashkevich, M., Churikanova, O., and Kharchenko, M. “The regional policy of Ukraine, problems and prospects in the context of the EU regional police“. Nauka i Studia, no. 14 (2015): 73-80.
Allen, D. “Cohesion and Structural Funds: Competing Pressures for Reforms?“ In Policy-Making in the European Union, 213-238. Oxford University Press, 2005.
“Key achievements of Regional Policy 2014-2020“. https://ec.europa.eu/regional_policy/en/policy/what/key-achievements/
“Regional Development and Cohesion Policy 2021-2027“. https://ec.europa.eu/regional_policy/en/newsroom/news/2018/05/29-05-2018-regional-development-and-cohesion-policy-2021-2027
[Legal Act of Ukraine] (2014). https://zakon.rada.gov.ua/laws/show/385-2014-п#Text
[Legal Act of Ukraine] (2020). https://zakon.rada.gov.ua/laws/show/695-2020-п#Text

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