The impact of European integration processes on the investment potential and institutional maturity of rural communities

Abstract

The purpose of the study is to assess the impact of European integration processes in Ukraine on the development of investment potential and institutional maturity of rural communities. As a result of the analysis of strategic documents of all rural communities of Ivano-Frankivsk, Lviv and Rivne regions, a low level of institutional capacity to attract investments was established. Based on the analysis of the strategies, programs, and investment passports of 79 united territorial communities, it is found that only 39.2% of them have approved development strategies, and 45% of communities have socioeconomic development plans. To assess the challenges and threats arising during the process of implementation of the EU-Ukraine Association Agreement, the author's methodology was developed and the method of expert assessments was applied-the survey involved 75 experts from 20 regions of Ukraine. It is found that there are much more opportunities (59) than threats (17) at the level of rural communities. Such findings, together with low community activity in attracting investment and developing investment attractiveness, indicate that decentralization and new opportunities arising from European integration processes are still underutilized and are a sign of low institutional maturity of rural communities.

A value-oriented approach to assessing regional economic development projects

“…It is not surprising that many programs of regional economic development are not implemented in the initial form and authorities have no any responsibility for the results of their implementation. At least, it is well-known practise in countries with immature institutional environment of regional strategic planning of the economy (Kostiukevych et al, 2020). However, if the program objectives were not achieved, it confirms the hypothesis that in the program management practice little attention was paid to determining the causal relationships between the project goals and results as well as the expected results of the programs within which these projects are implemented.…”

“…-competence and motivation of project management; -availability of methodologies adapted to the processes; -systematic management processes and their improvement. The strategies of strategic integration in the united territorial communities proposed in the study (Kostiukevych et al, 2020) form the basis for the development of regional development strategies, taking into account the above-mentioned principles.…”

Modelling End-User Behavior and Behavioral Change in Smart Grids. An Application of the Model of Frame Selection

“…Furthermore, the exemplary scenario, representing a lowly populated residential area (Chapter 4), was used here mainly for reasons of simplicity and to demonstrate the general applicability of the framework. However, researchers recognize a large potential for the energy transition in such rural regions [86] (p. 58), which holds further need for research [87,88] (p. 103). Although the simulation framework presented here encourages us to experiment with various scenarios and system configurations, it easily neglects the complex processes that (must) precede such a what-if state.…”

Multi-criteria assessment of socioeconomic systems’ conditions based on hierarchically structured indicator systems

“…As fundamental instruments of the research into SESs, correlation-regression and multicriteria assessment methods do not compete, but rather complement each other, thus forming a comprehensive system of complex research. The choice of factors influencing SESs development depends on aim and objectives of research, scale of the SESs, so, they can include performance indicators or its prerequisites (Bilan et al, 2020;Bobenič Hintošová et al, 2018;Kostiukevych et al, 2020) In the first stage of such a research, the condition of a PPC, for instance, corporate staff, marketing system quality, economic performance, socioeconomic development of a country/region, etc., is assessed by means of applying multi-criteria assessment methods (Gedvilaitė, 2019;McLaren et al, 1998;Molly, 2018;Oželienė, 2019;Strezov et al, 2017;Volkov, 2018). In the second stage, correlation-regression analysis is invoked to find out what impact this condition had on different SES parameters, e.g., what impact the quality of corporate staff had on corporate economic performance.…”