Збірник наукових праць Черкаського державного технологічного університету: Серія: Економічні науки (Jun 2020)

PREREQUISITES, PRINCIPLES AND INSTRUMENTS FOR IMPLEMENTATION OF REGIONAL POLICY: EU EXPERIENCE

  • Olesya V. Finagina,
  • Inna N. Bitiuk,
  • Eugene V. Buryak

DOI
https://doi.org/10.24025/2306-4420.0.57.2020.206392
Journal volume & issue
Vol. 0, no. 57
pp. 5 – 17

Abstract

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implementation of regional policy of Ukraine to ensure sustainable development. The factors that form the processes of accelerated development of EU regions, namely: geopolitical, political, managerial, economic, infrastructural, social, cultural and informational ones, are determined. These factors form the uniqueness of EU development, and in combination with targeted regulatory influence, the uniqueness of socialization processes, systemic attitude to changeі, accelerated formation of the information economy provide a breakthrough nature of most reforms, the success of key projects. The principles and preconditions that determine and ensure the effectiveness of the implementation of EU regional policy are studied. Macroeconomic and microeconomic instruments of regional policy are determined, on the basis of which the directions of EU regional policy are developed. The use of macroeconomic instruments to solve regional problems is limited by other goals, in particular, keeping inflation at the desired level, the stability of the balance of payments, as a result of the goals of industrial or agricultural policy. The main purpose of microeconomic instruments is to restore balance in regional labor and capital markets. The following problems of integration of the processes in Ukraine in the world economic space are revealed: uncertainty of groups of regions that will be recognized at the state level as depressive ones; lack of official clusters at the level of cooperation with large enterprises; low level of trust in the government, uncertainty of positive experience of effective cooperation at the level of target projects; low management culture in matters of collective cooperation in the paradigm of relations "power – population – business"; imperfection of information support of integration processes. The stages of integration processes taking place in the economy of Ukrainian regions and corresponding to European integration standards are given. It is determined that economic integration is a constructive stage in the development of the economy of the region, the country, because without the formation of a regional cluster policy based on the balance of economic interests, its further development becomes impossible. In addition, integration at the regional level allows for the formation of powerful clusters that can produce competitive products and promote them in both domestic and foreign markets.

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