Abstract

The strategic approach to sustainable territorial development precisely assesses all regional disparities. Implementing this approach allows considering the interests and requirements of all stakeholders and identifying priority areas for regional development. A detailed analysis of existing regional development strategies and programs confirms the active region interaction with numerous organizations, groups, and individuals. The growing role of stakeholders in shaping regional policy determines the necessity of the research. Proposed conceptual approach will contribute determining the stakeholders’ interaction effectiveness in ensuring sustainable territorial development. Algorithm for analyzing the stakeholders’ interaction effectiveness was worked out based upon critical analysis of the scientific professionals’ main approaches of identifying and comparing the interests of stakeholders’ sectoral and territorial groups in the context of solving the region existing problems. A feature of the proposed measure scheme of the stakeholder interaction efficiency is the synthesis of quantitative and qualitative assessment of the stakeholder interaction effectiveness using the method of expert assessments, statistical analysis, and fuzzy sets. The practical part of the developed approach to determining the effectiveness of stakeholder interaction allowed to assess the level of regional development programs implementation in the Kharkiv region and to identify the synergistic effect of stakeholder interaction. The made conclusions and recommendations regarding the solution of region existing problems have found practical application in predicting scenarios for the territory development.

Highlights

  • Ensuring sustainable regional development of Ukraine, its integration into the European and world community are the priority areas of social relations modernization and require the mutual responsibility strengthening of all public life participants

  • Communities); Standard GRI G4; Anglo-American termining between stakeholders is to identify key Community Development Standard

  • Taking cio-economic development study, it should be into account mentioned above, a methodical ap- noted that the stakeholders are natural and legal proach was proposed to measure the interaction persons who are interested in positive territorial effectiveness between stakeholders in the context development results

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Summary

INTRODUCTION

Ensuring sustainable regional development of Ukraine, its integration into the European and world community are the priority areas of social relations modernization and require the mutual responsibility strengthening of all public life participants. The application of different forms of interaction between stakeholders will allow more rational use of an existing labor potential to improve the quality and infrastructure of the social services through territorial integrated development and selected economy sectors as the priority. That is why the analysis of the stakeholders’ interaction effectiveness is a prerequisite for the state regional policy formation, industries economic stagnation elimination, employment problem solution, reducing the capital abroad outflow through import substitution, fight against inflation processes, etc

LITERATURE REVIEW
AIMS
METHODS
Objective
Disclosure of stakeholders interest conflicts
DISCUSSION
Evaluation terms
CONCLUSION
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