EU REGIONAL POLICY: POSSIBILITIES OF IMPLEMENTATION IN UKRAINE

Abstract

The question of the possibilities of implementation of the toolkit of EU regional policy in the national economy has been studied. It is substantiated that at the current stage, the question of the possibility of implementing EU regional policy instruments is being updated, which is connected with military actions and the need to restore the infrastructure of the regions, which requires the accumulation of resources and a balanced management policy. It has been proven that in modern conditions, regional policy becomes a powerful tool for spatial regulation of socio-economic development, especially in those areas in which the effect of market levers is limited (social, environmental, scientific and technical). Attention is focused on the fact that the gradual increase in the budget allocated by the EU for regional policy indicates the importance and priority of the implementation of regional policy measures. It was determined that the concept of regional policy is based on strengthening the role of territories in managing the socio-economic and innovative development of EU member states, which involves the support of individual projects that contribute to regional development, cohesion and deepening of European integration, as well as the achievement of strategic priorities. At the same time, each member state implements its own regional development policy on its territory and provides local self-government bodies with opportunities for development. It is substantiated that the primary task for Ukraine is to improve the principles of building regional policy, taking into account the impact of global challenges, realistically assessing the possibilities of implementing positive international practices and standards that will reduce the level of economic imbalance and disproportionality. The experience of the EU countries proves that the use of effective forms of cooperation, i.e. the compatibility function of regions, is important in reducing the disproportionality of regional development.