IDEAS home Printed from https://ideas.repec.org/a/bal/3seasj/2661-51502021215.html
   My bibliography  Save this article

Strategic Priorities And Mechanisms For Ensuring The Competitiveness Of Amalgamated Hromadas In The Context Of Decentralization Of Power

Author

Listed:
  • Alla Kinshchak

    (Main Department for Coordination and Evaluation of the Effectiveness of Regional Policy, Ukraine)

  • Solomiia Kloba

    (State Institution "Institute of Regional Research named after M.I. Dolishniy of NAS of Ukraine", Ukraine)

Abstract

The purpose of the article is to summarize and present strategic priorities and mechanisms for ensuring the competitiveness of regions in decentralization. The sequence of actions, the algorithm that will determine the strategic importance of development and select appropriate means to ensure the area's competitiveness. Methodology. The SWOT-analysis method is based on the analysis of factors and factors of competitive advantages of regions with the help of fundamental parameters (accessibility, the economic feasibility of use; sufficient transport potential; involvement of the local population in resource development). To determine the priorities of directed financial flows, the structure of community expenditures was considered (Velykomostyska city Amalgamated hromada as a representative of Amalgamated hromada with a city centre; Solonkivska rural Amalgamated hromada as a representative of Amalgamated hromada – a satellite of a large city; Slavske village Amalgamated hromada as a representative of Amalgamated hromada tourism). The effective use of tools has been identified, and the priorities facing the region (including Amalgamated hromada) need to be clearly defined to achieve enhanced competitive advantages. Results. Results show that an additional mechanism to strengthen competitive advantage is the inclusion of local producers of products or services in the global chain of multinational companies while considering the threat of significant dependence on foreign markets. The implementation of mechanisms must include at least two components: financial, economic and organizational. All measures include synchronization of actions of local authorities, public organizations, business to ensure mechanisms for implementing strategic development programs based on analytical research and monitoring in the context of adaptation to global challenges, the need to implement the rules of the Association Agreement between Ukraine and the EU. Practical implications. The active position of the community in defining strategic priorities and clearly defining the mechanism for strengthening the competitive advantages of Amalgamated hromada will significantly improve the quality of life and, consequently, the attractiveness of the territory for potential residents. Increasing the population intensifies the development of the social sphere and the sphere of trade, which will increase revenues to the community budget. Thus, a clear vision of the community leadership of strategic guidelines allows the community to develop faster than before the reform. Value/originality. Strategic priorities and mechanisms for ensuring the competitiveness of regions in the context of decentralization of power provide a better understanding of their effectiveness by the budget process of the area or Amalgamated hromada.

Suggested Citation

  • Alla Kinshchak & Solomiia Kloba, 2021. "Strategic Priorities And Mechanisms For Ensuring The Competitiveness Of Amalgamated Hromadas In The Context Of Decentralization Of Power," Three Seas Economic Journal, Publishing house "Baltija Publishing", vol. 2(1).
  • Handle: RePEc:bal:3seasj:2661-5150:2021:2:1:5
    DOI: 10.30525/2661-5150/2021-1-5
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/threeseas/article/view/1143/1183
    Download Restriction: no

    File URL: http://www.baltijapublishing.lv/index.php/threeseas/article/view/1143
    Download Restriction: no

    File URL: https://libkey.io/10.30525/2661-5150/2021-1-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    strategic priorities; cooperation mechanisms; competitiveness; support mechanism;
    All these keywords.

    JEL classification:

    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:3seasj:2661-5150:2021:2:1:5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.