Year: 2024 | Month: February | Volume 69 | Issue 1Special
The Interaction between Regional Policy and Economic Development
Maryna Volosiuk
Grygorii Monastyrskyi
Ihor Sirenko
Stanislav Fedenchuk and Volodymyr Kisilevych
DOI:10.46852/0424-2513.1.2024.40
Abstract:
Currently, a global trend toward intensification of processes at the subregional level and development of integration processes is observed. The development of the activities of Ukraine’s regions represents the outlined trend in the form of intensification of disintegration processes, primarily economic ones. The purpose of the academic paper is to analyze the interaction between the features of regional policy and economic development. The research was conducted using general scientific methods: synthesis, analysis, abstraction, specification, comparison, and generalization. In the course of the research, the role of the political regional concept in shaping the specifics of economic processes has been investigated. It has been determined that the synergistic context of individual regional political models should be positioned as an effective concept of management policy. Priority approaches to the formation and implementation of regional policy in Ukraine have been highlighted, and the problems of regional development have been identified. The basic components of the newest paradigm of regional policy at the current stage of development have been proposed. A universal model of the innovative concept of synergistic regional political strategy has been developed, and its effectiveness in the current economic realities has been predicted. It has been proven that the synergistic approach is focused on effective communication and the formation of effective interconnections. The practical significance of the research results lies in the expediency of their use in the formation of regional policy to achieve the goals of improving the efficiency of their economic activity. Based on the research results, priority areas for further scientific studies on the relevant topic are proposed, and the necessity of practical testing of theoretical and methodological developments in the field of research is substantiated.
Highlights
- Ukraine’s contemporary economic development endeavors to bolster its international standing and elevate the transparency and openness levels of its social policies, with a crucial role attributed to the regional component.
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