MANAGING THE DEVELOPMENT OF TERRITORIAL COMMUNITIES IN THE CONTEXT OF CURRENT CHALLENGES
Abstract
The article considers the changing role of the state and local governments in the development of local economies in modern conditions. Decentralization caused the decreased role of the state in ensuring the development of local economies. At the same time, the significance of territorial management bodies aimed at improving the level and quality of life in their communities increased. Today, local authorities can render quality services to residents of the territorial community employing innovative approaches to management, planning, and technological support for the development. The financial support for the development of territorial communities takes a special place in the implementation of these ambitious plans. Therefore, a special task for the newly created governing bodies is to increase the level of financial security and well-being of the residents of the territorial community.
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