UDC 336.14
Voznyak, H. V. (2015). Rehional'nyy rozvytok: sutnist' i metodolohichna osnova [Regional Development: the Nature and Methodological Basis]. Rehional'na ekonomika - Regional Economy, 77(3). [in Ukrainian].
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Authors

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Transformation processes in the global economy, evolutionary change within countries, and the growth of competitiveness of regions change the nature of the relationship between management entities. In this format the state as a closed economic space activities of subnational entities gradually loses its meaning. At the same time, the importance of regions as actors in the global economy increases significantly. The purpose of this article is to deepen the theoretical and methodological provisions of the regional development in the context of socio-economic transformation. In this article the author describes theoretical approaches to understanding the essence of “region” in terms of territorial, system and management approaches. Classification of regions according to certain classification sign is proposed. the Author’s conclusions and generalizations about own vision of the essence of this term are presented. The author notes: the lack of a uniform approach to definition of essence of concept “region”; the identification of the concepts of “region, regional system, the area” with an emphasis on administrative component; feasibility to consider the region as a field of the structural system with the set of stable relationships between economic entities of the same rank, with the simultaneous existence of the order of the highest rank; enhance domestic economic capacity to ensure own development. The theoretic-methodological basis for regional development in the theoretical and methodological planes is covered. In the article the author describes the laws, principles and factors of regional development. Funding instruments for regional development and the possible institutional support are systematized. The types and models of regional development are selected. The own vision of regional development is formulated, which should be comprehended as the process of accumulation is positive, irreversible, regular changes, which lead to higher living standards in the long term. It is proved that the vector of development of the region should be focused on the reduction of subsidization, the provision of self-development by enhancing internal capabilities. Modern regional development policy should be based on such a paradigm, which would take into account the interests of regions, the achievement of intersectoral cooperation, decentralization of power and balance (budgetary, economic, social, political).

Keywords:

region, growth, development, regional development, interregional integration, balance