Development of regional economic systems under the impact of financial decentralization: display, challenges and new opportunities

Voznyak, Halyna; Panukhnyk, Olena; Khymych, Hryhoriy; Popadynets, Nazariy

doi:10.2991/mdsmes-19.2019.24

Cited by 11 publications

(1 citation statement)

References 4 publications

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“…In particular, the complex analysis of the processes of decentralization implementation at all managerial levels is conducted by Kasych and Petrushko [2]. The impact of the financial decentralization on the condition of local budgets in Ukraine was examined by [3][4][5][6][7]. A team of leading scientists of the State Institution "The Institute of Regional Research Named after M. I. Dolishniy of the NAS of Ukraine" substantiates the methodological approaches and results of the evaluation of decentralization in Ukraine and its impact on socio-economic development of territories [8][9][10][11].…”

Section: Introductionmentioning

confidence: 99%

Mechanisms to Manage the Regional Socio-Economic Development and Efficiency of the Decentralization Processes

Irtyshcheva

Kramarenko²,

Vasyltsiv

et al. 2021

Advances in Intelligent Systems and Computing

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The process of administrative and territorial reform in Ukraine urges most of the population to think about their future because the finalization of the reform stipulates that local governments are independent, and residents are responsible for their territories. To finish the process of administrative reform, it is necessary to efficiently use resources to achieve the ultimate decentralization objective. The paper aims to evaluate the efficiency of decentralization as an essential tool for the socio-economic development of regions. The efficiency of the reform implementation in Ukrainian regions is suggested to be evaluated across the organizational-administrative and budgetary components. The parameters of analysis of the reform implementation efficiency in the regions across the suggested components are systematized. The absence of a consistent relationship between the organizational-administrative and budgetary components is confirmed.

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Section: Introductionmentioning

confidence: 99%

Mechanisms to Manage the Regional Socio-Economic Development and Efficiency of the Decentralization Processes

Irtyshcheva

Kramarenko²,

Vasyltsiv

et al. 2021

Advances in Intelligent Systems and Computing

Self Cite

View full text Add to dashboard Cite

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Foreign experience in the management of competitive advantages of territories

Kitsak,

Bilyk

2022

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The completion of the decentralization of authority and finance in Ukraine has opened up new horizons for the creation of innovative approaches to territorial community management. Local governments were granted significant powers and financial resources, which creates new opportunities for the development and expansion of the capacity of communities. The rights of local governments in the organization of community management were expanded, which contributes to a more effective and balanced solution to local problems. Thus, the management of competitive advantages of territories is an important topic in economics, management, and regional development. The study of this issue is becoming increasingly relevant as more and more regions around the world compete to attract investment, develop entrepreneurship and tourism, develop transportation infrastructure, create jobs, and improve the quality of life. The article aims to examine new approaches to the development and management of competitive advantages of territories based on foreign experience. The article analyzes the peculiarities of competitive advantage management in local communities of several EU countries. Based on the study, the authors identify and substantiate the advantages of foreign experience and reveal the shortcomings that should be taken into account when implementing this experience. The author substantiates the process of decentralization reform and its impact on the development of territorial communities in terms of the use of management tools to increase the competitiveness of territories. The article shows that clustering, strategic planning, and public-private partnerships are the main tools for improving the competitiveness of communities. The main directions used by a number of countries to improve the efficiency of territorial development are characterized.

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Socio-economic principles of the functioning of economic entities of territorial communities

Sarafinchan,

Bilyk

2022

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The productive functioning of economic entities requires due attention to socio-economic fundamentals. The creation of transparent and favorable conditions for business, the development of infrastructure, and the provision of financial support and incentives for innovative projects help to attract investment and create new jobs. In addition, active communication, interaction, and partnership between economic entities and territorial communities are key factors for the success of both parties. This includes sharing experiences, joint planning and decision-making, and public participation in decision-making processes. This approach will help support and develop local enterprises, create a favorable environment for business development, and improve the quality of life in communities. The article aims to examine the main components of the activity of economic entities and their impact on the development of territorial communities. The article analyzes the peculiarities of the socio-economic development of economic entities. The study identifies the key aspects of economic entities’ development, namely: support of small and medium-sized businesses; advisory assistance to market entities; drafting strategic plans for the development of territorial communities; support of local infrastructure, education, healthcare, etc.; and public participation in discussion and decision-making. The article substantiates the process of decentralization reform and its impact on the socio-economic development of economic entities. The regulatory and legal components of relations between economic entities and local governments are characterized. The main areas that will facilitate efficient cooperation between economic entities of territorial communities and local governments are identified.

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Development of regional economic systems under the impact of financial decentralization: display, challenges and new opportunities

Cited by 11 publications

References 4 publications

Mechanisms to Manage the Regional Socio-Economic Development and Efficiency of the Decentralization Processes

Mechanisms to Manage the Regional Socio-Economic Development and Efficiency of the Decentralization Processes

Foreign experience in the management of competitive advantages of territories

Socio-economic principles of the functioning of economic entities of territorial communities

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