PUBLIC REGULATION OF A COMPREHENSIVE TERRITORIAL DEVELOPMENT PROJECT: DETERMINING THE ESSENCE OF THE DEFINITION

Abstract

The article provides a comprehensive analysis and assessment of key factors influencing the socio-economic development of regions in order to identify and understand the complex relationships between economic, social, institutional and natural components of regional development. The characteristic features and components of the development of the economic system are analyzed and systematized. The content of the concept of socio-economic development of a region is studied as a process of systemic and positively directed changes in the socio-economic, organizational-economic and technical-economic parameters of the functioning of a region, as a result of which a steady increase in the standard and quality of life of the region's population is observed. The challenges and critical areas of the region’s socio-economic development that require attention and improvement are identified. An interpretation of the concept of ‘comprehensive territorial development project’ is proposed. The application of a project approach to solving problems of territorial development in a complex is substantiated. It is shown that when developing a strategy for the integrated development of a territory, it is advisable to form industry clusters, which allows concentrating investment funds in priority areas. As a result, directions for increasing the effectiveness of state regulation of territorial development through the implementation of comprehensive projects were identified.