Sessment of sustainable development of regions: methodological approaches and algorithms

Author:

Medvid Hanna1ORCID

Affiliation:

1. Kyiv National University of Economics named after Vadym Hetman

Abstract

It is determined that Russia's full-scale invasion of Ukraine in 2022 has attracted considerable attention from the whole world to our country. The escalation of geopolitical conflicts leads to increased confrontation between countries, significantly affecting international relations and the geopolitical situation and causing changes in the global economy. This has severe implications for the global economic balance, international trade, investment, and the overall stability of different regions. Ukraine is experiencing massive migration, both internal and external. In addition, severe damage has been done to critical infrastructure, the housing sector, the economy, the environment, and the social sphere. The loss of territories hurts the regions' social, economic, and environmental development. Regions previously characterized by sustainable development are now experiencing negative consequences of the hostilities. As a result, regions are forced to adapt to new realities, giving preference to flexibility and resilience. The research is devoted to the study and analysis of the problems of assessing the sustainable development of regions, including economic, environmental, and social aspects. Improved methodological approaches and algorithms for determining the level of sustainable development and assessing its impact in the context of war and post-war recovery are proposed. This methodology aims to ensure a comprehensive and objective assessment of the sustainability of regional development, which is an essential prerequisite for effective management and strategic decision-making in an uncertain environment. The study aims to analyze various methodological approaches to assessing the sustainable development of regions in the context of military conflict and post-war reconstruction. The task of the study is to improve methods and algorithms for an objective assessment of the level of sustainable development of regions, which includes an analysis of various aspects of development to ensure a balance between current needs and the needs of future generations. By analyzing different methodological approaches and considering their effectiveness, the author identifies their potential shortcomings and advantages and proposes improvements to these methods to develop targeted management strategies, which will help to choose the best approaches for the post-war recovery of Ukraine's regions in the future. The author has developed his evaluation algorithm aimed at using improved and innovative methods under martial law. The formulas for economic, environmental, and social indices have been improved, which will allow for better consideration of the specifics of military influence at the regional level. Keywords: sustainable development, geopolitical situation, war, methodological approaches, methodology, algorithm, assessment of sustainable development of regions, assessment of the impact of war, post-war recovery, recovery strategies.

Publisher

Drukarnia Madryd

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