Methodical Approach to the Evaluation of the Endogenous Investment Potential of the United Territorial Communities

The purpose of the article is to formulate a methodical approach to the evaluation of the endogenous investment potential of the united territorial communities in the context of administrative and financial decentralization. An overview of the approaches most commonly used in the scientific literature to interpreting the category of "investment potential" by grouping them was carry out. It was determined that: 1) investment potential is a set of objective prerequisites (opportunities) for carrying out investment activities; 2) investment potential is a combination of investment resources and production factors necessary for the implementation of investment activities; 3) investment potential is a cumulative opportunity to form internal and attract external investment resources taking into account the natural, economic and social conditions of a certain territory. According to the author the endogenous investment potential of the united territorial community is a set of objective prerequisites (natural, economic and social) and domestic available resources (financial, labor and production) necessary to carry out investment activities with the aim of achieving sustainable development of the territorial community. Based on a study of existing approaches to the interpretation, evaluation and analysis of the investment potential at the macro and meso level (state and regional level), a methodical framework has been developed for assessing the endogenous investment potential of the united territorial community in the context of modern reforms. In particular, a system of evaluation indicators has been defined based on the calculation of financial, labor and production resources sub-indices of security. The use of such an integrated approach will allow creating an objective analytical basis for: making informed management decisions on the socio-economic and spatial development of the united territorial community; monitoring of growth factors and factors of destabilization of investment potential; comparison of investment attractiveness and the level of investment security in selected united territorial communities.