Public management of economic development of regions: sectoral aspect

Abstract

The legislative, normative-legal and scientific substantiation of the combination of branch and territorial management is analyzed, which confirms the necessity of strengthening and obligatory consideration of aspects and factors of branch development in strategies of social and economic development of regions. Theoretical and applied aspects of the formation of the system of public management of economic development of the region by combining sectoral and territorial management are studied. It is shown that public administration bodies of oblasts, carrying out their activities for the benefit of residents, do not sufficiently consider the development of industries, which creates problems of insufficient coherence of sectoral and territorial management, the formation of new management tools and principles that guide public administration, organizational and territorial reforms development of regions taking into account the economic condition of industries.Economic development of regions (oblasts) is considered as an economic, not a political category. The problems of economic development of the industries of the regions are closely intertwined, requiring the joint consideration, connection, cooperation and joint efforts of the government, the business sector, institutions of society and the population. The study singled out sectoral objects of economic development, systematized the main components of the system of public management of economic development of regions and presented the main management tools that should be used by the authorities in the formation and regulation of economic processes. They reveal the content of public management of economic development as an independent priority component of management, combining key sources of economic development of regions with the use of sectoral, intersectoral priorities, creating a system of interaction and productive cooperation and forming managerial influences on research goals, programs and development plans. The essence of approaches and components of the organizational and economic mechanism of management of economic development is defined.