Theoretical and methodological approaches to determining the development of regions

Abstract

Introduction. It has been proven that the transformations taking place in the economy, the deepening of the negative impact of external and internal factors, the consequences of Russian aggression, require the formation of a foundation for changing existing trends and ensuring the development of regions. In this context, it should be pointed out the reduction of the gross regional product, the number of population, business entities, and the decrease in the main indicators of their activity. issues of ensuring regional development in the conditions of Russian aggression are insufficiently resolved, taking into account the influence of economic, security, functional, potential, strategic, stakeholder, regulatory and management factors. Moreover, there are no uniform approaches to determining the development of regions. Goal. Definition of regional development, taking into account the current extraordinary economic conditions. Method (methodology). To conduct research and obtain results, general scientific methods (theoretical substantiation, systematization) and special methods (identification of factors of regional development, formation of a categorical definition of regional development) are used. The results. Theoretical and methodological approaches to determining the development of regions are distinguished: factorial, systemic, functional, goal-oriented, strategic, security, potential, stakeholder. The concept of «development of regions» has been improved, which is defined by system characteristics that ensure the interaction of economic, functional, strategic, security, potential, stakeholder factors on the basis of the formation of a quantitative basis of regional development for the adoption of justified management decisions by state institutions regarding the formation of a new more favourable environment, the growth of investment attractiveness, competitiveness and standard of living of the population.