Bìznes Inform (May 2020)

Analyzing the Socio-Economic Development of Regions in Conditions of Instability

  • Romanchukevych Maryana Yo.,
  • Kitseliuk Ulyana M.

DOI
https://doi.org/10.32983/2222-4459-2020-5-136-144
Journal volume & issue
Vol. 5, no. 508
pp. 136 – 144

Abstract

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The article is aimed at analyzing the socio-economic development of regions taking into account the factors of the unstable macro-economic environment. Monitoring and analysis of indicators of socio-economic development in such conditions is extremely important: it allows to determine the possibility of implementing a national strategy of regional development in the conditions of economic, socio-political instability and tension in the society, increased dynamism of indicators. Upon the directions of the research, key indicators of social and economic instability by the regions of Ukraine are defined. Indicators of social instability include income and expenditure of the population, average monthly wages, levels of unemployment and employment, infrastructure of education and health facilities. Indicators of economic instability include the number of economic entities by type of economic activity, structural statistics on economic entities, the total amount of expenditures by the directions of innovation activities of industrial enterprises. The carried out analysis of the proposed groups of indicators in the regional context showed that there are significant disparities in the development of Ukraine’s regions and the influence of instability factors on this development. Based on the system of indicators, a design of the study of socio-economic development at both the national and regional levels is formed, which will allow timely identification of existing disparities. Taking in account the determined aspects of regional development unevenness, it is suggested that the need for greater use of the opportunities of the State and society to mitigate the disparities of socio-economic development be emphasized. To this end, an analysis of the possibility of implementation of a national strategy of regional development in an unstable environment is carried out.

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