A MODEL FOR OPTIMIZING TERRITORIAL FINANCIAL STRATEGIES UNDER MACROECONOMIC INSTABILITY
Abstract
The article develops a multi-criteria model for optimizing territorial financial strategies under extreme macroeconomic instability. Using Ukrainian budgetary data from 2018–2025, the research identifies critical imbalances, including rapid fiscal centralization and structural shifts toward stabilization expenditures. The study substantiates a transition to an additive optimization framework, formalizing an integrated indicator of Balanced Territorial Development. Weight coefficients prove that financial stability (w=0,5) is the dominant prerequisite for regional resilience. Practical results establish the "Stability-First" approach, offering a normative tool for authorities to manage limited resources effectively. The model enhances the adaptive capacity of territorial systems against geopolitical and financial shocks.
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