Theoretical basis of the germination of the concept of balanced regional development

Abstract

The current reforming of local self-government, territorial organization of authorities and administrative-territorial division in Ukraine require new approaches to managing regional development. Therefore, the purpose of the article is to substantiate the theoretical aspects of the concept of balanced regional development. In the study, the author applies systematic approach, theoretical generalization, method of scientific abstraction, logical-semantic method and graphical method. The results of the study show that the concept of balanced regional development should be considered through the prism of seven concepts and theories. Thus, regional development theories (individual theories of spatial organization, utilization of the region's potential and innovation and knowledge, as well as theories of social change) help to perceive the region as a coherent system with the potential for development. The concept of sustainable development emphasizes the importance of meeting the needs of today without sacrificing the needs of future generations. The concept of a smart region combines smart governance, economy, mobility, environment, people and lifestyle. The concept of new pragmatism is reminiscent of taking into account, in governing a region, the system of values "profitably, lawfully, non-immorally". In accordance with the concept of reconstructive development, it is advisable to combine the introverted, inclusive and innovative development of the region. Stakeholder theory points to the need to identify the main stakeholders and establish communication between them. At the same time, behavioral theory emphasizes the strengthening of the role of the human factor in regional development, which actualizes the study of the influence of psychological factors. As a result, the study identified balanced regional development as a long-term process of regional reconstruction with due regard to the existing potential, harmonizing stakeholder interests and establishing communication, optimal balance of environmental, social and economic goals, social justice, cohesion and responsibility. Understanding the nature and features of balanced regional development is theoretically and practically important as it is capable of enhancing the effectiveness of regional governance.