The State Strategy for Regional Development and the relevant regional strategies, adopted on the eve of the war, whose implementation measures were supposed to deepen and localise socio-economic processes, have stopped at the stage of searching for and forming an effective integration mechanism and efficient tools for coordinating sectoral policies in the regions and building effective self-sufficient territorial communities. In the context of the war, which is still causing constant destruction and increasing uncertainty about the possibility of stable economic development, the tasks related to the restoration of the affected territories of Ukraine and the transformation of production and business in the regional context, taking into account the requirements for European integration, are of particular importance. In strategic terms, it is possible to address these issues by selecting and applying innovative tools for the development of the regional economy. The purpose of the article is to analyse trends in regional development as the basis for economic transformation in a period of serious challenges and losses for Ukraine and to identify new approaches to the organisation of innovation, international cooperation within the framework of financial support for projects and programmes of innovative development on the path to European integration. Trends in regional development as the basis for economic transformation in the context of challenges and losses for Ukraine caused by the Russian-Ukrainian war are identified and analysed. The features and problems of the regional innovation space functioning are analysed on the example of the development of clusters, industrial parks, the formation of an IT business network, and the implementation of the digitalisation programme. Based on a systematic approach, conclusions and proposals are developed on the selection and application of innovative mechanisms for updating Ukraine’s regional policy in the direction of continuing the implementation of the decentralisation reform of public authorities, taking into account the accumulated experience and challenges on the path of European integration.
It is substantiated that the processes of transformation of the economic structure are becoming more relevant in the current conditions and are gaining systemic and security significance. It is noted that the experience of post-war economies proves that there is no simple and universal plan for structural modernization of the economy of countries that would allow solving long-standing and emerging problems of their economic development. The article substantiates the role of entrepreneurial activity in the processes of spatial and structural transformation of the Ukrainian economy. The purpose of the article is to analyze the peculiarities of entrepreneurial activity in the current conditions of spatial and structural transformation of Ukraine’s economy and to substantiate the priorities for modernizing the structure of the national economy in the post-war period. The article analyses the peculiarities of entrepreneurial activity in the conditions of war, in particular in the context of changes in the dynamics of territorial concentration of business, interregional distribution of closures and openings of enterprises, and the structural and spatial distribution of Ukrainian exporters. The geography of the founders of newly created enterprises and their sectoral and industrial distribution are analyzed. Based on the analysis of the interregional and intersectoral distribution of capital investments, the investment activity of Ukrainian regions in the context of limited investment resources is characterized. The priorities of spatial and structural changes in the economy of Ukrainian regions, which have the potential for development and in the future will ensure innovation and technological progress and improve the quality of life of the population, have been determined. It is proposed to develop a comprehensive strategy for the recovery of Ukraine and its regions, which will take into account all aspects of the restructuring of the Ukrainian economy and use all available resources, including international assistance. It is noted that successful recovery of Ukraine will require not only significant financial resources, but also systemic reforms aimed at improving the business climate, fighting corruption and the rule of law.
entrepreneurial activity, spatial and structural transformation of the economy, interregional distribution of capital investments, structural and spatial distribution of exporters
The article examines the European experience of organizational and institutional support and strategic management of the development of agglomerations/metropolises from the point of view of the possibilities of its application in Ukraine. In this context, the experience of the formation and development of the urban agglomeration “Greater London” (Great Britain), the metropolitan area of Barcelona (Spain), the metropolis of Lyon (France), the metropolis of Turin (Italy), the Krakow agglomeration (Poland) and the Riga metropolis (Latvia) is analysed. The main factors of success and drivers of the development of European agglomerations/metropolises are highlighted, in particular: (1) clear legislative regulation of the organizational and legal foundations of the formation of urban agglomerations/metropolises, principles and mechanisms of interaction of administrative units within agglomerations, etc.; (2) high institutional capacity of management bodies; (3) transition to planning based on partnership relations between governing bodies; (4) coordination of planning documents of member municipalities of the agglomeration, agglomeration, region, country. Orientation when planning the development of the agglomeration on the trends and strategic priorities of the development of the European Union; (5) taking into account the environmental component when strategizing development; (6) constant monitoring of the implementation of the strategic plan for the development of agglomerations. Based on the results of the study, recommendations were formulated regarding the improvement of organizational and institutional support and strategic management of the development of agglomerations of Ukraine in the conditions of modern challenges. In particular, the emphasis is placed on the need for: (1) institutionalization of the status of agglomerations; (2) determination of criteria for identification of relevant territorial units as agglomerations and delimitation of agglomeration spaces; (3) regulation of principles, measures and main approaches to managing the development of agglomeration on the basis of decentralization and deconcentration; (4) formation of a special advisory body at the agglomeration management body for coordination and monitoring of its development and functioning.
urban agglomeration, metropolis, strategic management, strategic development planning, agglomeration development strategy
Agglomeration processes are objective in nature, which determines their development in Ukraine throughout the period of its independence. However, these processes in our country mostly occur spontaneously. Because of that they primarily rely on non-formal institutions, such as verbal agreements, administrative stereotypes or social needs. At the same time, agglomerations forming and their development prove a very important trend in the modern world economy: increasing of social and economic role of big cities in the era of globalization and digitalization. At one time, this problem was partially solved at the first stage of the administrative-territorial reform in Ukraine before the large-scale invasion. However, after the start of the active phase of hostilities, the situation has deteriorated significantly. On the one hand, a large number of internally displaced persons and relocated businesses have appeared. They are concentrated mainly in large cities and surrounding rural communities. On the other hand, due to the loss of a significant part of human capital, tensions in the local governments that are the centers of agglomerations have increased, especially in the process of implementing administrative and management functions of territorial management. This has significantly realized the problem of developing high-quality institutional support for increasing the socio-economic potential of the development of agglomerations. At the same time, it should be noted a need to improve the regulatory and legal regulation of agglomerations in view of determining their place in the post-war economic recovery of Ukraine. First of all, this concerns the regulation of the activity of the institute of urban agglomerations at the legislative level. It is also necessary to create an appropriate institutional basis for the training of qualified management personnel capable of ensuring the development of Ukrainian agglomerations at the stage of post-war economic recovery using modern management technologies. In particular, in this context, it is worth emphasising the wide implementation of project management, IT technologies and network marketing, as well as modern tools of territorial branding for agglomerations and strategizing their comprehensive development.
The article examines the state and prospects of financial support for the development of agglomerations in the Carpathian region. Based on the study of the incomes and expenditures of the budgets of local communities, the internal potential for financing the development of Lviv, Ivano-Frankivsk, Uzhhorod and Chernivtsi agglomerations was assessed. As a result of the study, it was determined that the agglomerations of the Carpathian region do not have the opportunity to form a special fund of the local budget in the amount sufficient for the implementation of projects on construction, development of transport, road infrastructure and housing and communal services. In view of the deficit of the state budget in the conditions of the war in Ukraine and the limited capacity of the state to finance local development, attracting funds from European Union programmes has been identified as a promising direction for improving the financial capacity of agglomerations. The application of a complex financing mechanism for the development of agglomerations of the Carpathian region in the conditions of European integration is proposed, which combines internal (state budget subsidies, the Regional Development Fund, local budgets) and external (EU programmes in the field of cross-border cooperation, Twinning, URBACT, Interreg Europe, Horizon Europe, Digital Europe Programme, Environment and Climate Action Programme (LIFE)) sources. The expediency of creating community associations as a form of institutionalization of local community relations within Ivano-Frankivsk, Uzhhorod, and Chernivtsi agglomerations based on the example of the Lviv agglomeration is substantiated. In order to intensify the work of local communities regarding participation in EU programmes and obtaining funding for the implementation of development projects, it is proposed to create a community association fund in each agglomeration, from which the activities of the project office will be financed. The following criteria for determining the size of community contributions to the Association Fund are defined: (1) the amount of the contribution is calculated in proportion to the existing population; (2) the contribution amount is calculated as a percentage of budget revenues; (3) the amount of the contribution is calculated as a percentage of the planned expenditure from the budget.
agglomeration, Carpathian region, community association, association fund, EU financial assistance, EU programmes
The construction of social housing has always been relevant in a society and a state that cares about the quality and standard of living of every person. There are international standards in the world for providing social housing to a part of the population that, due to their physiological, social and economic capabilities, including external factors, cannot own housing with high benefits and comfort. At the same time, the right to adequate housing is recognized by all UN Member States on the basis of ratified international agreements containing obligations to protect the human right to an adequate standard of housing. The purpose of the article is to study the peculiarities of formation of the social housing fund in the context of the components of the legal, architectural and spatial approach, economic principles and resource provision for creating a comfortable living environment for the population. The article reveals the peculiarities of social housing construction in modern conditions, intensification of the formation of the social housing fund, and growth of its volume during the period of martial law and Russian aggression in Ukraine, and post-war reconstruction of the country. Today, there are no universal international legal documents in international practice that would regulate the general norms of social housing provision in the world. International standards include only the norm which guarantees the human right to housing as such, and therefore each country develops its own legislative and regulatory documents in this area. The author examines the legislative and legal regulation of the principles of spatial and economic planning and construction of housing in Ukraine, outlines the features of the State Building Standards (SBS) for the construction and reconstruction of social housing. The author analyses the powers and programmes for the creation of social housing at the regional and territorial level on the example of Lviv Regional State Administration and Lviv City Council, in particular, the construction of a residential complex near the UNBROKEN rehabilitation center in Lviv.
social housing, social housing fund, architectural and spatial planning, inclusiveness, sources of financial resources
The ongoing crises caused by external factors (the Covid-19 pandemic and, since February 2022, Russia’s large-scale invasion of Ukraine) have increased economic instability, exacerbated problems in the system of state and local finance, which, in turn, has negatively affected the financial stability of the regions and, consequently, their economic growth opportunities. Therefore, there is a need to develop new approaches to the formation of state regional policy with a clear set of mechanisms and measures for each type of territory. The purpose of the article is to analyse and evaluate financial changes in the regions of Ukraine in the context of instability and to outline the directions of their further development. The article assesses financial changes in the regions of Ukraine in the context of the intensification of crisis phenomena (pandemic and Russia’s large-scale invasion of Ukraine). The following trends have been identified: a decrease in the share of local budget revenues in consolidated budget revenues; a decrease in the growth rate of local budget revenues in regions where intense hostilities are taking place; a change in the structure of local budget revenues, and hence a decrease in revenues from certain traditional budget-forming taxes; a noticeable increase in expenditures by sector. It is shown that the war in Ukraine has increased the unevenness of the formation of the tax capacity of administrative-territorial units, and the expenditure component of local budgets is characterised by a significant reduction in development expenditures. The author emphasises the need to improve the mechanisms of budgetary equalisation of territories. It is argued that the main vector of the policy of ensuring the financial sustainability of the regions of Ukraine should be balancing the needs of using external financial resources to restore stable growth rates and reduce the external financial dependence of the economic system in the face of macroeconomic shocks.
regions, war, instability, financial resources, local budgets, revenues, crises, development
The trends of the share of the main types of economic activity in the gross domestic product of Ukraine during 2010-2023 have been verified. Information is given on the losses caused by the full-scale armed aggression of Russia to the Ukrainian agriculture in terms of main assets and items of indirect losses. The results of research on the availability of personnel and the impact of its shortage on the activities of enterprises in 2021 and 2023 by type of activity are highlighted. The value of the index of agricultural production of crops and livestock in Ukraine in a regional section is analyzed. A structural and dynamic assessment of the cultivated areas of agricultural crops in the regions of Ukraine during the period of the great war was carried out. The change in the volume of production (gross harvest) of agricultural crops in natural terms is diagnosed in correlation with the change in sown areas and productivity. A steady trend towards an increase in the share of enterprises in the production of livestock products was revealed. It was established that despite the generally negative dynamics of the cow population in Ukraine, the vast majority (2/3) of the regions demonstrated an increase in industrial milk production due to increased productivity. It is analytically proved that the problems of the development of Ukrainian agriculture (direct and indirect losses due to the war, reduction of cultivated areas, unstable dynamics of yield and specialization of agricultural production) over the past two years have somewhat changed the spatial architecture of this sector of the national economy. The effectiveness of state stimulation tools for the development of the domestic agricultural sector, in particular, subsidies, guarantees, loans, etc., is shown. in the conditions of martial law and in the perspective of post-war recovery. The effectiveness of state stimulation tools for the development of the domestic agricultural sector, in particular, subsidy, guarantee, credit, etc., is shown. in the conditions of martial law and in the perspective of post-war recovery.
Various approaches to the impact of economic globalization and the socio-economic and industrial development of different countries are considered. The level and trends of economic globalization of different countries are analyzed. It was noted that according to the rating and value of the economic globalization index, small economies with a low level of economic self-sufficiency, focused on a narrow specialization in the export of goods or services, are actually the most open to the liberalization of foreign trade. In contrast, industrialized economies are mostly more closed to foreign trade liberalization. The author’s hypothesis is empirically substantiated that with the growth of economic globalization, the import dependence (the frequency of imports in costs) of manufacturing industries increases, but at the same time the innovativeness of their products decreases (the share of innovative products in the volume of industrial products sold). The proven hypothesis is a theoretical contribution to economic theory, scientific and educational literature, is a theoretical and applied basis for the expansion and deepening of existing approaches, theories, scientific researches that raise the problems of economic globalization and its socio-economic and industrial consequences. As a result of the conducted correlation analysis, a direct, high connection between the economic globalization index de facto and the import dependence of the vast majority of manufacturing industries in Poland, Germany, France and Italy has been proven. The high, inverse correlation between the de facto index of economic globalization and the innovativeness of the products of the majority of manufacturing industries in the studied countries is substantiated. Regression models were built, which quantitatively assessed the impact of the change in the economic globalization index (de facto) on the change in import dependence and innovativeness of the products of the processing industry of the studied countries. The change in import dependence and innovativeness of products of the processing industry was calculated with the growth of the economic globalization index, where in fact by 5 percentage points.
economic globalization, import dependence, product innovation, production, processing industry
This article is dedicated to integrating ESG factors into enterprises’ corporate strategies. The study aims to systematize and summarize existing approaches to developing corporate strategies and develop theoretical and methodological foundations for integrating ESG factors into corporate strategies. In particular, the article examines the evolution of the corporate strategy concept as a critical management tool that determines the long-term development directions of a company. The research is presented in the context of modern approaches to strategic management, which have undergone significant changes due to the dynamics of the external environment, globalization of the economy, and increasing competition. It reveals that the evolution of views on corporate strategy from classical to modern concepts requires continuous improvement of strategic management tools. The study substantiates the importance of integrating various approaches to developing corporate strategies to ensure sustainability and competitive advantages in a changing business environment. The study showed that modern companies are increasingly recognizing the importance of ESG (Environmental, Social, and Governance) factors for ensuring the long-term sustainability of their businesses. It found that 85% of companies consider the implementation of ESG a means of meeting regulatory requirements and an essential element in creating long-term value. The study also identified that 71% of senior executives expect the importance of ESG for corporate activities to grow, emphasizing the need to adapt financial models to new requirements. Additionally, the article outlines changes in corporate strategies under the influence of ESG, such as developing environmentally sustainable practices, improving working conditions, and increasing management transparency. The research substantiates that companies integrating ESG into their strategies increase their chances of long-term success, enhance their reputation, and contribute to sustainable development. Engaging stakeholders in decision-making allows companies to meet expectations better and form long-term partnerships. It was found that integrating ESG also enables businesses to adapt to rapidly changing market conditions, enhancing their competitiveness and sustainability in the long term.
The current business environment requires market participants not only to respond quickly to changes in the economic environment, but also to be able to effectively choose competitive strategies and implement strategic business plans. Administrative personnel are required to navigate rapidly changing economic circumstances and make informed management decisions that affect the future of the enterprise. An efficiently organized management accounting system becomes a key tool, providing information for strategic management, contributing to the successful implementation of management functions. The purpose of the article is to study management accounting of costs in the context of responsibility centers, which will facilitate systematization and efficient management of costs with a focus on the importance of this accounting in the economic activities of domestic enterprises on the example of energy supply companies, and also to summarize the current understanding of the structural content of management accounting of costs. The article considers the issues of management accounting at Ukrainian enterprises, in particular, at energy supply companies, where the lack of a clear definition and inefficient use of management accounting tools complicate the process of strategic management. Based on the analysis of scientific sources, it is established that management accounting in Ukraine requires methodological reorientation to adapt to market conditions, and in particular, reorganization of the accounting system with the creation of responsibility centers that would improve cost management and promote the development of enterprises. The key aspects of management accounting are described, including the collection, analysis, interpretation and transfer of information necessary for strategic planning and internal control. The functions of responsibility centers, which cover not only costs, but also revenues, profits and investments, adapted to the specifics of energy supply companies, are described. Different points of view of scholars on management accounting and responsibility centers are analyzed, which facilitates in-depth analysis and comparison with international practice. The article emphasizes the importance of an integrated approach to cost management, which not only improves management accounting but also helps to optimize the cost of services, thereby increasing the efficiency of energy sector enterprises.
management accounting, enterprises, responsibility centers, energy supply, management
This article examines the strategic role of monitoring and controlling in the management of economic relationship entities in the context of the modern economy. The aim of the current research is to systematize, generalize, and improve the theoretical and methodological foundations regarding the role of monitoring and controlling in the management system of economic relationship entities. The study presents the significance of these tools for timely responses to market changes, controlling financial indicators, and ensuring the achievement of the strategic goals of the enterprise. It is substantiated that monitoring provides systematic tracking of the organization’s performance and forecasting of potential risks, contributing to the optimization of management decisions. It has been identified that controlling serves as an important element of integrating management processes, including planning, analysis, and control, which enhances the competitiveness of enterprises in the market. The article presents a classification of the main types of monitoring and controlling, illustrating their interconnection and the possibility of simultaneous application for a comprehensive approach to management. The study also reveals that monitoring and controlling are essential components of management activities aimed at continuously tracking the state of affairs in the enterprise and adjusting management decisions based on the data obtained. The study shows that the integration of monitoring and controlling forms a cyclical management process consisting of data collection, analysis, planning, execution, and control stages. This, in turn, ensures continuity in management and supports feedback, which is critical for the long-term success of the enterprise amid dynamic changes in the external environment. Based on the analysis of the results of managing the enterprise as a production system, the importance of monitoring and controlling at all stages of strategic management is justified. The study justifies the need for the implementation of integrated monitoring and controlling systems that will enable enterprises to enhance their efficiency, adaptability, and resilience in the market.
The article substantiates the necessity of employing organizational and economic mechanisms for managing the restructuring of agricultural enterprises to enhance their competitiveness and adaptability amidst integration processes. The increasing importance of the agricultural sector for the national economy and food security has highlighted the need for agribusinesses to adapt and strengthen their market positions through effective restructuring strategies. This study characterizes key approaches to restructuring, including economic, organizational, strategic, financial, social, technological, and integrative perspectives. Each offers distinct benefits in transforming managerial and production processes. The economic approach, for example, emphasizes cost reduction and improved profitability through more efficient resource management. The article proposes practical mechanisms such as optimizing production processes, automating systems, restructuring financial management, and integrating agricultural enterprises into regional agro-industrial clusters. Examples of production optimization include implementing advanced monitoring systems, employing automation for precise land and crop monitoring, and using precision agriculture technologies to reduce costs related to fertilizers and pesticides. Such technological and organizational restructuring helps enterprises to reduce production costs and increase profitability. The financial restructuring approach is equally critical for addressing limited financial resources and outstanding debts. Strategies within this framework include negotiating with creditors to extend repayment terms, reducing interest rates, and preparing investment projects to attract strategic investors. The proposed framework encourages agricultural enterprises to utilize modern information technologies, innovative financial strategies, and cooperative models, thereby fostering a more robust and adaptive organizational structure capable of responding effectively to external and internal pressures.
The article examines strategic security management for enterprises in the context of global competition. In today’s world of rapid change and increasing instability, companies face numerous risks that threaten their resilience, efficiency, and competitiveness. These include economic, political, technological, and cybersecurity risks that can negatively impact a company’s operations and limit its ability to adapt to shifting market conditions. In such an environment, strategic security management plays a key role in maintaining competitive advantage and ensuring the long-term growth of the business. However, many companies still lack a properly developed security strategy, making them vulnerable to both external and internal threats. In the course of this research, theoretical and practical approaches to risk management were analyzed, and specific methods were explored to help enterprises better prepare for potential threats. Various methods were applied for this purpose, including SWOT analysis, PESTEL analysis, and risk management tools such as Failure Mode and Effects Analysis (FMEA) and the Monte Carlo method. The data obtained indicate that for effective security management, companies should consider both external and internal risk factors and have the ability to adapt swiftly to changes. One important direction is investing in advanced technologies. In addition, emphasis is placed on developing a security-oriented organizational culture, which involves regular staff training and fostering a responsible approach to security issues. Another critical factor for success is the flexibility of management strategies, allowing companies to respond quickly to changing market conditions and emerging threats. This article offers recommendations for improving the effectiveness of management decisions in the security field, particularly regarding regular risk analysis, the development of action plans for emergency situations, and the integration of monitoring and forecasting systems. The implementation of these strategies can help companies maintain competitiveness, reduce dependence on external factors, and ensure long-term stability.
УКР 
ENG
Kravtsiv, V. S. (2024). Na shlyakhu naukovykh poshukiv [On the path of scientific research]. Rehional'na ekonomika - Regional Economy, 113 (3), 5-14. Retrieved from http://re.gov.ua/doi/re2024.03.005 [in Ukrainian].