PUBLIC ADMINISTRATION AS A STRATEGIC TOOL FOR ENSURING SUSTAINABLE DEVELOPMENT OF TERRITORIES

Keywords: public administration, sustainable development, strategic planning, territorial communities

Abstract

The article explores the main problematic issues of institutional foundations of public administration in ensuring sustainable development of territories in the context of crisis situations. It has been clarified that by granting governance powers to local self-government bodies in the process of implementing decentralization reforms, the state strategy was aimed at implementing new approaches to regional policy, which involve stimulating local communities to increase their own competitive potential through: innovative, investment, inclusive development; financial decentralization; rational management of resource sources and implementation of environmental measures, and more. It is emphasized that to achieve sustainable development of territorial communities, it is necessary to identify their resource base and balance the economic, social aspects of economic entities, carefully analyze the situation in various sectors of the economy. The importance of strategic planning as a lever for creating systemic potential necessary to achieve the goals of territorial strategic development is emphasized. Therefore, the strategic instruments of public administration in ensuring sustainable territorial development should include: increasing the efficiency of the economic potential of the territory, the ability to ensure full employment of the able-bodied population, improving the standard of living of the inhabitants, and addressing environmental issues. Achieving the goals of sustainable development for territorial communities should be viewed through the prism of cooperation among the public sector, civil society organizations, and business structures. Priority directions of public administration on the path to ensuring the capability of territorial communities for their own sustainable development should include decisions regarding the rational use of productive, natural, labor, financial, and investment resources, interaction with local economic entities, ensuring ecological sustainability, and enhancing potential through the expansion of innovation and investment projects.

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Published
2024-02-27
How to Cite
Movchaniuk , A. (2024). PUBLIC ADMINISTRATION AS A STRATEGIC TOOL FOR ENSURING SUSTAINABLE DEVELOPMENT OF TERRITORIES. Economy and Society, (60). https://doi.org/10.32782/2524-0072/2024-60-50
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MANAGEMENT