Financial Meta-Governance in the Development of the Investment Potential of the Region

Abstract

In the current conditions, regional independence in the implementation of budgetary powers and the role of effective management of financial flows at the subnational level are significantly increasing. The priority area of territorial development is leveling socio-economic differentiation by accumulating their own resource capabilities, rather than financial assistance from a higher budget. Sustainable development of the region should be based on effective management of financial and investment potential based on the principles of financial meta-management.