ASSESSING THE EFFECTIVENESS OF STATE POLICY FOR THE DEVELOPMENT OF SMALL AND MEDIUM-SIZED BUSINESSES: FINANCIAL ASPECT

Abstract

The main purpose of the article is a theoretical and methodological substantiation of the optimal choice of a modern strategy for implementing state policy for the development of small and medium-sized businesses in Ukraine. The object of the study is the development of small and medium-sized businesses. The subject of the study is the state policy for the development of small and medium-sized businesses in Ukraine. The scientific task posed in the article involves demonstrating a new approach to choosing the optimal strategy for implementing the state policy for the development of small and medium-sized businesses in Ukraine. The research methodology involves the use of various methods, including the expert analysis method, the paired comparison method, the Delphi method, the integral assessment method, the regression analysis method and a number of general theoretical methods, such as synthesis, deduction, abstract logical, etc. As a result of our research, we presented two models of optimal financial support for the development of small and medium-sized businesses in Ukraine. The calculation made it possible to select one that is most significant for modern conditions. An approach is proposed to assess the effectiveness of the development of small and medium-sized businesses through the calculation of an integral indicator of the effectiveness of the implementation of state policy for the development of small and medium-sized businesses. The study has limitations and does not take into account statistics for the last year in the calculation due to the lack of a number of indicators due to martial law. Prospects for further research are to focus on solving the problems of effectively countering modern financial threats and risks in the context of implementing state policy for the development of small and medium-sized businesses under martial law.

Keywords

• financial support
• financial assistance
• small and medium-sized businesses
• mathematical modeling
• state management
• planning