Abstract

It is established that, in recent years, there has been a slowdown in the development of regions, a decrease in the use of modern tools for its support, and a reduction in the key performance indicators. In addition, there is no formed quantitative basis for making informed management decisions or determined directions of functioning of the state institutions. At the same time, ensuring interaction with local authorities and other stakeholders is particularly important. An urgent issue is the formation and implementation of directions for regional development based on the constructed quantitative basis and the application of modern methods and models. It is found that regional development is a complex concept that should account for a wide range of factors to distinguish which methods of factor analysis are used. The article achieved the goal of forming a quantitative basis for ensuring regional development. In this context, we solved the following tasks: characterisation of the state and transformational processes occurring in the regional development system and determination of directions of regional development. The study uses general scientific methods: systematisation, generalisation, theoretical justification, and system analysis. Of particular importance are specific methods: analytical, economic-mathematical modelling, formation of information-analytical and normative-legal support. As a result of the research, we formed a quantitative basis for determining regional development trends based on indicators presented by the State Statistics Service of Ukraine. The determined areas of ensuring regional development are as follows: overcoming the consequences of Russian aggression; securing positive changes in internal and external factors; slowing down and changing the trajectory of the core indicators characterising the functioning of industry, construction, and agriculture; achieving positive changes in the gross regional product; growth of investment attractiveness of regions and investment activity. Keywords: development of regions, transformation processes, state, gross regional product, indicators of regional development.

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