scholarly journals Current Issues of Strategic Planning of Local Economic Development of Khmelnytskyi Region

2021 ◽  
pp. 206-216
Author(s):  
Iryna KOVTUN ◽  
Iryna YURYCHYNA
Keyword(s):  
Economic Development ◽  
Strategic Planning ◽  
Development Strategy ◽  
Local Economic Development ◽  
Local Development ◽  
Legal Framework ◽  
Development Planning ◽  
Economic Security ◽  
Development Indicators ◽  
The Future

Theoretical bases and practical recommendations on strategic planning of local economic development of Khmelnytskyi region are investigated. To this end, the theoretical foundations and peculiarities of the local development strategy are considered, development indicators are analysed and recommendations for improving the level of economic development of Khmelnytskyi region are provided. The essence of strategic planning as a component of the holistic system of local economic development planning is studied. The content of the concept of strategic planning is described. Recommendations are provided for improving mechanisms, such as: local targeted programs, public-private partnerships, local guarantees and social and corporate responsibility projects. It is determined that public-private partnership will allow the authorities to meet the needs of economic development through investment funds. It is proposed to take into account economic security indicators in the development strategy of the region and identify those responsible for their achievement, which will solve the problems of economic security in the future. It is proposed to apply the principle of self-sufficiency in financing the strategy, to strengthen the monitoring system in the development of the strategy, to involve qualified employees from local authorities and business in the development of the strategy. It is recommended to develop programs and projects aimed at attracting investment, supporting entrepreneurship, starting new businesses, maintaining existing businesses, developing local markets and more. The article states that the legal framework of local strategic planning is currently being formed, so in the future we can expect the emergence of a number of new documents and methodological developments that will improve the level of development of the region. Based on this, it is recommended to develop regional plans to increase the investment attractiveness of the region through the preliminary study of its investment environment.

European experience of forming strategic directions of socio-economic development of the country

2019 ◽  
pp. 3-6
Author(s):  
Vasyl Papp ◽  
Nelya Boshota
Keyword(s):  
Economic Development ◽  
Strategic Planning ◽  
Development Strategy ◽  
Planning Process ◽  
Development Planning ◽  
Integrated System ◽  
Main Task ◽  
European Experience ◽  
Social And Economic Development ◽  
Socio Economic Development

The main task that determines the effective functioning of the country is the formation of a strategy for its socio-economic development based on a long-term innovation strategy. An innovative development strategy of the country is defined as a fundamental, basic element of the overall strategy of socio-economic development. The purpose of the article is to develop the conceptual foundations for shaping the country's socio-economic development strategy in modern conditions, adjusting the priority directions of the strategy and the peculiarities in using the means of achieving the goals, taking into account European experience. The article examines the European practice of developing and implementing the strategy of socio-economic development of the country as the most important instrument of the state's influence on social and economic development. Recommendations on the use of advanced strategic planning tools are developed. It is proved that without the scientific and methodological support of the plan of socio-economic development of the country it is impossible to count on the successful solution of important tasks and the democratization of public relations. The concept of strategy formation is designed to take into account the interests of economic entities and territory and to cover not only the traditionally used sectoral aspect of development, but also the territorial, which includes the creation and development of clusters and special economic zones. European experience shows that transition of a country to an innovative socially oriented type of development requires an increase in the efficiency of the state strategic planning process, the achievement of which is possible only with the co-ordinated activity of state authorities, business structures, science and society. It should be emphasized that in the prevailing conditions there is a need to form a single integrated system of social and economic development planning that optimally combines both the use of strategic planning and the program-target method for solving urgent problems.

Institutionalising local economic development practice in Ghana

2018 ◽  
Vol 33 (4) ◽  
pp. 405-420 ◽  
Author(s):  
Jonas A. Akudugu
Keyword(s):  
Economic Development ◽  
Local Economic Development ◽  
Local Development ◽  
Development Planning ◽  
Participatory Development ◽  
Local Economy ◽  
Planning System ◽  
Bottom Up ◽  
Institutional Frameworks ◽  
Development Practice

In recent times, the term ‘local economic development’ has been conceptualised and introduced as a bottom-up participatory development strategy in Ghana. It is intended to be implemented at the district level to facilitate the revitalisation of the local economy and create jobs for local residents. Using in-depth interviews and the analysis of relevant policy documents, this paper evaluates efforts aimed at institutionalising the practice in local institutional frameworks and development planning practice in the country. The paper found out that processes aimed at institutionalising contemporary local economic development practice in Ghana are not making any meaningful impact. Institutional frameworks such as the structuring of development policymaking and planning in the country are still rigid and promote bureaucratic top-down development decision-making processes. Similarly, the promotion of a meaningful bottom-up decentralised planning system is only a well-packaged talk by policymakers in the country. Evidence shows that there is a clear lack of political will to implement reforms, particularly the new decentralisation policy that seeks to make District Assemblies in Ghana responsive to local economic development promotion. There is the need for a conscious effort towards making local economic development practice matter in national and local development endeavour in Ghana.

scholarly journals Municipal Development Strategy as an Instrument of Local Economic Development Policy

2014 ◽  
Vol 36 (3) ◽  
pp. 13-25
Author(s):  
Mariusz Wiktor Sienkiewicz
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Local Governments ◽  
Public Management ◽  
Local Economic Development ◽  
Local Development ◽  
Local Authorities ◽  
Management Tools ◽  
Economic Development Policy ◽  
Development Policies

The main objective of this paper is to determine the importance of local development strategies for formulating and implementing local economic development policies by local authorities. In particular, an attempt is made to answer the question of whether local authorities properly and effectively use public management tools (i.e. a development strategy) to promote economic development in their area. Furthermore, the aim of this article is to analyse instruments for supporting economic development, which can be potentially used by local governments in Poland.

scholarly journals Local economic development agencies and peripheral small town development: Evidence from Somerset East, South Africa

Urbani izziv ◽  
2019 ◽  
Vol Supplement (30) ◽  
pp. 144-157 ◽  
Author(s):  
Faith Lawrence ◽  
Christian M. Rogerson
Keyword(s):  
South Africa ◽  
Economic Development ◽  
Small Town ◽  
Local Economic Development ◽  
Local Development ◽  
Strong Dependence ◽  
Developmental State ◽  
Development Planning ◽  
Economic Development Agencies ◽  
Development Agencies

The activities of Local Economic Development Agencies (LEDAs) represent a channel for place-based development. In South Africa national government has supported the expansion of LEDAs to improve the weak performance of local economic development planning, one of the cornerstones of the developmental state. This article investigates the evolution and operations of a small town LEDA which is situated in one of South Africa’s peripheral regions. The local development facilitation and project work undertaken by the Blue Crane Development Agency (BCDA) in the small town of Somerset East in Eastern Cape Province is discussed. It is shown that this LEDA was innovative in development initiatives which were launched during the period 2004- 2014 for Somerset East and its surrounds. In terms of the projects and operations of BCDA considerable effort was made to identify catalytic opportunities and to support the unlocking of projects in this small town through development facilitation and project management. Nevertheless, the evidence from this case study demonstrates that despite successes, development agencies in South Africa have a strong dependence on parent municipalities which can determine the future direction and sustainability of LEDAs.

scholarly journals Konektivitas Pelabuhan Dan Pembangunan Ekonomi Daerah Provinsi Maluku Utara

2019 ◽  
Vol 2 (2) ◽  
pp. 34-41
Author(s):  
Yetty Yetty ◽  
Abdurrahman Senuk ◽  
Chairullah Amin
Keyword(s):  
Economic Development ◽  
Local Economic Development ◽  
Local Development ◽  
Random Effect ◽  
Random Effect Model ◽  
Container Port ◽  
Effect Model ◽  
Port Throughput ◽  
Development Approach ◽  
The Impact

The local development approach based on islands is different with the developing of land area. The natural limitations possessed by the islands region that constrained by some characteristics such as isolation, smallness, boundless, and fragmentation. The study analyzes the impact of port connectivity to the local economic development by taking the case in the island province (North Maluku) in east Indonesia. The analysis method using the panel data model of 9 residences in period 2010-2016 in which the indicators that used are GDP, roadway, port throughput, economic density, and also container port, sea-tollway as the dummy variables. According to the common effect, model shows that all independent variables have a significant influence on the GDP except roadway. While based on Hausman test suggest that random effect model is more appropriated than FEM of which the result shows that container port and sea-tollway have not a significant impact on the GDP. These results implied that the policy of port connectivity within sea-tollway is not effective to improve the local economic development in particular in the islands based on region.

Goal-Setting Model in Multilevel State Strategic Management of Socio-Economic Development

2021 ◽  
pp. 52-76
Author(s):  
Olga M. Pisareva
Keyword(s):  
Economic Development ◽  
Theoretical Model ◽  
Strategic Planning ◽  
Goal Setting ◽  
Development Planning ◽  
Public Authorities ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Multi Level ◽  
Strategic Goal

In the context of the deployment of transient processes and the exacerbation of crisis phenomena in socio-economic systems of various types, the importance of a reasonable setting and correction of development goals increases. For the current situation in the Russian Federation, when the implemented program of constitutional amendments creates the preconditions for the subsequent reform of public authorities and the mechanism of multi-level strategic planning, it is especially important to conduct research in the field of substantiating scientific approaches to the development of mathematical methods for solving the problem of strategic goal-setting. One of the key points in the modernization of the methodological support of strategic planning in the context of the constitutional transformation of the system of public authorities is consideration of the value foundations of activities in the systems of distributed management of socio-economic development, analysis of the problems of formalizing the setting of goals by the participants in the multi-level strategic planning process and substantiation of the structure of the theoretical model of goal-setting. The article considers the general characteristics of the functioning of the system of state strategic planning in the Russian Federation from the point of view of goal achievement. The institutional and conceptual foundations of goal setting are presented. The relationship between the concepts of “goal”, “target indicator” and “target function” are shown. The interrelation of the tasks of goal-setting and programming of the activity of an economic agent is characterized. An approach to formalizing goal-setting based on a theoretical scheme of mutual development planning tasks is proposed. The general structure of the strategic goal-setting model in the organizational mechanism of multi-level long-term planning determined. A possible approach to the algorithmization of the solution of the linear formulation of the goal-setting problem in the multisubject development control space based on the methods of target programming and multicriteria optimization was proposed. The formation of an operator of iterative management of the potentials and development priorities of interacting economic and social agents on the horizon of strategizing substantiated. To introduce a theoretical model of goal-setting into the practice of strategizing in the context of the formation of a digital platform of public administration, it is necessary to develop appropriate algorithmic support, as well as the formation of a regulatory and information base and the definition of an organizational and technological basis. Further improvement of the analytical and methodological tools for supporting the activities of strategic planning participants at the goal-setting stage is associated with the description and analysis of the corresponding applied tasks of goal setting at various levels and areas of socio-economic development planning.

PENGEMBANGAN EKONOMI LOKAL KABUPATEN/KOTA PROVINSI DAERAH ISTIMEWA YOGYAKARTA MENGGUNAKAN TIPOLOGI KLASEN DAN LOCATION QUOTIENT

2012 ◽  
Vol 7 (1) ◽  
pp. 17
Author(s):  
Rudy Badrudin
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Local Economic Development ◽  
Hypothesis Test ◽  
Location Quotient ◽  
Economic Development Strategy

This research analyzed local economic development strategy in 4 regencies and 1 city in Province of DIY based on the data of year 2001 to 2008. The method used to analyze the hypotheses were Klassen Typology and Location Quotient. Using hypothesis test for means and ANOVA, the results showed that each regency and city in same diagram area with Klassen Typology have spesific local economic development strategyto develop region.Keywords: klassen typology, location quotient

scholarly journals Power laws, demography and entrepreneurship in selected South African regions

2018 ◽  
Vol 114 (5/6) ◽  
Author(s):  
Daan Toerien
Keyword(s):  
South Africa ◽  
Economic Development ◽  
South African ◽  
Local Economic Development ◽  
Power Laws ◽  
Development Planning ◽  
Size Distributions ◽  
Skewed Distributions ◽  
Enterprise Growth ◽  
Different Parts

Statistically significant Pareto-like log-log rank-size distributions were recorded for population and enterprise agglomeration in the towns of three different regions of South Africa, and are indicative of skewed distributions of population and enterprise numbers in regional towns. There were no distinct differences between groups of towns of regions from different parts of the country. However, the regional agglomerations differed from those of groups of towns randomly selected from a database. Regions, therefore, appear to have some uniqueness regarding such agglomerations. The identification of Zipf-like links between population and enterprise growth in regional towns still does not fully explain why some towns grow large and others stay small and there is a need to further explore these issues. The extreme skewness in population and enterprise numbers of different towns’ distributions should, however, be considered in local economic development planning and execution.

Is a Self-help Orientation Sufficient Basis for Local [Economic] Development?

2017 ◽  
Vol 23 (3) ◽  
pp. 151-166
Author(s):  
Eris D. Schoburgh
Keyword(s):  
Economic Development ◽  
Local Governments ◽  
Local Economic Development ◽  
Local Governance ◽  
Local Development ◽  
Participatory Development ◽  
Economic Transformation ◽  
Reform Process ◽  
Governance Reform ◽  
Local Authorities

Local government reform in Jamaica aims (i) to refocus local authorities to providing leadership and a coordinating framework for the collective efforts of the people towards local development and (ii) to assess local service distribution modalities between central and local governments, the private sector and CSOs for more cost-effective arrangements. The institutional context in which these objectives are to be pursued is characterized by a new local governance framework populated by ‘a federated system of development committees’. Development committees are expected to work in partnership with local authorities in pursuit of economic transformation of geographic spaces. Participatory development that development committees exemplify conjures up images of ownership of local [economic] development projects and an empowered citizenry that has the capacity to direct resources in their favour. Development committees represent a differentiated method of local economic governance. But the concern is: Are development committees fit for purpose? This is the fundamental question with which this research is concerned. A survey of parish development committees (PDCs) was conducted to determine the extent to which the organizations are giving effect to their mandate. The study is exploratory in design and relies on qualitative methodologies. The results of the study will be important for assisting the local governance reform process currently underway in Jamaica but should contribute to the discourse on the alternative approaches to managing development in developing countries.

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