Mechanism of implementation of regional investment programs as financial instrument of stimulation of regional development
DOI:
https://doi.org/10.21847/1728-9343.2017.6(152).122184Keywords:
financial instruments, regional development, regional investment programs, investment potential of the region, concept of improvement of the mechanismAbstract
In the article questions of implementation of regional investment programs which are capable to influence social and economic development of regions and also to promote achievement of strategic priorities of investment development of the state by attraction of financial resources are considered. Special attention is paid to development of the concept of improvement of the mechanism of implementation of regional investment programs as financial instrument for stimulation of regional development.
The main components of the concept of improvement of the mechanism of implementation of regional investment programs are defined, namely: principles, purposes, interests, tasks, factors, threats, subjects and objects of management, providing, stages, methods and criteria for evaluation of efficiency of implementation of regional investment programs.
Within the offered concept of improvement of the mechanism of implementation of regional investment programs it is allocated the following stages:
1. Development of methodical bases of implementation of regional investment programs.
2. Analysis of conditions and factors of implementation of regional investment programs.
3. Assessment of a condition of implementation of regional investment programs.
4. Assessment of efficiency of implementation of regional investment programs.
The conclusion is drawn that the offered concept of improvement of the mechanism of implementation of regional investment programs allows to influence in a complex internal and external threats to the interests of regional investment programs, avoiding and minimizing negative impact in the conditions of the dynamic external environment.References
Bіla, S.О., Zhalilo, Ya.A., Shevchenk, О.V. [ed.] (2011), Innovative approaches to regional development in Ukraine: the analytical report, Kyiv, NISS, 80 p. (ukr).
Savostenko, T. (2015), Use of the public-private partnership mechanism in the implementation of regional investment programs, Public administration and local government. Issue 3, рр. 179-189 (ukr).
Tsarenko, М.О. (2012), Scientific and methodical bases of a research of regional investment programs, The Scientific Bulletin of the National University of the State Tax Service of Ukraine (Economics and Law), No. 4 (59). рр. 42-50 (ukr).
Bodie, Z, Kane, A, Marcus, A.J. (2002), Principles of investments, Moscow, Williams, 982 p. (rus).
Head C.K., Ries J.C., Swenson, D.L. (1999), Attracting foreign manufacturing: Investment promotion and agglomeration, Regional Science and Urban Economics. № 29 (2), рр. 197-218. DOI: 10.1016/S0166-0462(98)00029-5
The state strategy of regional development until 2020 (2014), Resolution of the Cabinet of Ukraine dated August 6, No. 385, available at: http://zakon2.rada.gov.ua/laws/show/385-2014-%D0%BF
On investment activities (1991), Law of Ukraine dated September 18, No. 1560-XII, available at: http://zakon5.rada.gov.ua/laws/show/1560-12
On fundamentals of the state regional policy (2015), Law of Ukraine dated February 5, No. 156-VIII, available at: http://zakon5.rada.gov.ua/laws/show/156-19
On the state forecasting and development of programs of economic and social development ofUkraine(2000), Law of Ukraine dated March 23, No. 1602 III, available at: http://zakon2.rada.gov.ua/laws/show/1602-14
Methodical recommendations of an order of development of regional target programs, monitoring and reporting on their performance (2006), order of the Ministry of Economics of Ukraine dated December 4, No. 367, available at: http://meold.kmu.gov.ua/minec/control/uk/publish/article?art_id=92210&cat_id=38738
Kuzhelіev, М.О. (2001), The mechanism of relationship «the center - the region» in the context of ensuring financial safety of the region, The Bulletin of the Donetsk university (Series B. Economics and Law), No. 1. рр. 192-196 (ukr).
Kuzhelіev, М.А. (2013), Formation of the mechanism of ensuring financial safety of corporation, Skhid, № 4 (124). pp. 44-48 (ukr).
Mashko A.O. (2014), Program of development of agro-food complex of Cherkasy region, Economic and social geography. Issue 2 (70). P. 236-242. DOI: 10.17721 / 2413-7154 / 2014.70.236-242.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2018 Mykhaylo Kuzheliev, Alina Nechyporenko
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
1. Authors bear responsibility for the accuracy of facts, quotations, numbers and names used.
2. Manuscripts are not sent back.
3. The publisher does not always agree with the authors' opinion.
4. The authors reserve the right to authorship of the work and pass the first publication right of this work to the journal under the terms of a Creative Commons Attribution Non-Commercial License, which allows others to freely distribute the published research with the obligatory reference to the authors of the original work and the first publication of the work in this journal.
5. The authors have the right to conclude separate supplement agreements that relate to non-exclusive work distribution in the form in which it has been published by the journal (for example, to upload the work to the online storage of the journal or publish it as part of a monograph), provided that the reference to the first publication of the work in this journal is included.
