POLICY TOOLKIT FOR THE DEVELOPMENT AND STRENGTHENING OF THE COMPETITIVENESS OF THE ECONOMY OF TERRITORIAL COMMUNITIES
DOI:
https://doi.org/10.31891/mdes/2023-8-4Keywords:
local economic development, management technologies, economy of territorial communities, public administration, local government, reformation, competitiveness of the economy, communal property, development of community economyAbstract
The study revealed the relevance of the issue of ensuring local economic development through the implementation of tools for stimulating economic development and strengthening the competitiveness of the economy of territorial communities in Ukraine.
The purpose of the study is to form an effective toolkit for ensuring the development and strengthening of the competitiveness of the economy of territorial communities.
It was established that to ensure local economic development, as well as to strengthen the competitiveness of the economy of territorial communities, local self-government bodies can use the following tools: financial and investment (creation of industrial parks, growth centers, clusters; public-private partnership; financial leasing and outsourcing; crowdfunding; creation revolving funds), budgetary (tax incentives; implementation of local social and economic programs; inter-municipal cooperation; use of participatory budgets), credit (attraction of bank and other lending; provision of guarantees; creation of financial support funds; local bond loans), grant (attraction of resources of international technical, including financial, aid; formation and implementation of grant programs and projects), socio-economic ( stimulation of employment, self-employment, development of entrepreneurship, including social entrepreneurship, provision of social housing, implementation of social inclusion projects), etc.
It has been proven that the systematic implementation of these tools makes it possible to strengthen the competitiveness of the local economy and realize the economic potential of the community, the criteria of which are: improving the quality of life and achieving the goals of sustainable development of the territory; activation of inter-municipal economic cooperation; streamlining the processes of economic integration of the community into the regional economic system.
References
Bobrovska, O.Y. (2019). Resource theory in the projection on the development of territorial communities. Public administration: theory and practice. Vol. 1 (19). URL: http://www.dridu.dp.ua/zbirnik/2018-01(19)/14.pdf.
Vasyltsiv, T. G., Boiko, V. V. (2016). International practices of rural development in context of state economic security policy. Polissya scientific bulletin. Iss. 3 (7). pp. 15-21.
Vasyltsiv, T. G., Lupak, R. L., Rudkovsky, O. V. (2019). Directions and means of improving social responsibility of enterprise in Ukraine. Economy and the state. Iss. 5. pp. 4-8.
Grab, S. (2017). Political and legal views of V. Lypynsky and M. Drahomanov on local self-government in Ukraine. Local government and self-government in Ukraine and the world: history and modernity (aspects of law). Vщд. 6. pp. 25–30.
Degtyareva, I. (2010).Theories of regional development and their evolution as a basis of modern regional management. Bulletin of the National Academy of Public Administration under the President of Ukraine. no. 4. pp. 141–148.
Kyrychenko, Yu. M. (2012). Territorial community as a basic element of the system of local self-government of Ukraine: theoretical definition. Law Forum. no. 4. pp. 451–457.
Lupak, R. L., Didych, А. М. (2017). Economic bases of ensuring the competitiveness of the enterprise in market relations. Scientific Bulletin of NLTU of Ukraine. Vol. 20.6. pp. 248-252.
Nakonechny, V.V. (2014). Basic world models of local self-government: comparative analysis. Theory and practice of public administration. Vol. 1. pp. 283–289.
Nebrat, V.V. (2017). Theoretical bases of research of institutional transformation of economy. Economic theory. no. 2. pp. 34–49.
Popova, K.G. (2016). Theorizing of the foundations of local self-government in the aspect of modern administrative reforms. Efficiency of public administration. Vol. 4. pp. 290–297.
Tishchenko, K.M. (2009). Concepts and basic theories of the origin of local self-government. State building. no. 1. URL: http://nbuv.gov.ua/UJRN/DeBu_2009_1_21.
