Abstract

The article is devoted to the problem of evaluation and selection of investment projects aimed at the development of territorial communities (TC) and take into account the need to pursue the goals of sustainable development at the local level. In the context of decentralization reform, attracting investment funds is the leading activity of local self-government. And to ensure the transparency of management and presentation of its results to the governing bodies of TC need new scientific methods to justify the choice of one or more projects from a variety of alternative solutions. Decision-making taking into account the concept of sustainable development determines the evaluation of investment projects in terms of their effectiveness in finding a balance between social, economic and environmental components. The peculiarity of comparative analysis is taking into account the qualitative assessment, so to make optimal investment management decisions, a model is proposed, developed on the basis of fuzzy logic and implemented using tools Fuzzy Logic Toolbox. The article builds and substantiates an improved fuzzy model for evaluating investment projects for TC development. The improved model is based on a system of 15 quantitative and qualitative indicators of achieving goals in the social, economic and environmental components of the concept and allows for a “soft” assessment of the investment project. This model is used to substantiate the decisions of the TC of Zaporizhzhia region and can be used in the development of decision support systems at the level of TC for quantitative justification of decisions, conducting variant calculation.

Highlights

  • In the current conditions of economic development of the territorial communities (TC) in view of the processes of globalization and intensification of competition, the issue of financial security of economic entities of certain regions becomes relevant

  • Sustainable development of territories is ensured by a combination of environmental, economic and social components, each of which can be assessed by a whole set of relevant indicators

  • If a quantitative indicator can be chosen to estimate the level of economic development, for example, the rate of increase / decrease in community budget revenues resulting from the project implementation, and to estimate the social impact, the number of jobs that will be created during the project implementation, the environmental component is not always suitable for formal quantitative measurement procedure

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Summary

Introduction

In the current conditions of economic development of the territorial communities (TC) in view of the processes of globalization and intensification of competition, the issue of financial security of economic entities of certain regions becomes relevant. Significant is the merit of the UN, whose activities are mediated by world summits, declarations, resolutions, final documents of conferences and others Among the latter are the announced global goals of sustainable development by 2030 [1]. The report presents the results of adaptation of 17 global SDGs taking into account the specifics of national development, 86 national development objectives and 172 indicators for their monitoring, as well as benchmarking benchmarks to be achieved by 2030 This should be considered as a basis for further planning of Ukraine's development and monitoring the state of achievement of SDGs. the urgency of the issue of finding ways to achieve the goals of sustainable development is beyond doubt.

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