RAPID ASSESSMENT OF THE REGION’S SUSTAINABLE DEVELOPMENT AS AN EFFECTIVE TOOL OF THE EXECUTIVE AUTHORITIES

Abstract

The article proposes methods of multi-criteria rapid assessment of sustainable development of the region, based on the assessment of the state of the economies of municipalities according to three criteria “use of enterprise profits”, “external investment” and “wages”. The paper determines a hierarchical system of indicators for rapid assessment of sustainable development of the region, which will make it possible for regional legislative and executive authorities and local self-government bodies to quickly, and objectively analyse the state of the economy of municipalities and the region as a whole. This will increase the effectiveness of the activities of regional authorities and local self-government bodies in making managerial decisions that ensure the fulfillment of their task of creating favorable conditions for business development in the region.

Keywords

• region
• sustainable development
• multi-criteria rapid assessment
• investment dynamics
• dividend dynamics
• wage dynamics
• use of profits of enterprises
• municipalities