Decentralization and sustainable development of rural areas: institutional regulation

Abstract

Introduction. The article is devoted to the study of the impact of decentralization on the sustainable development of rural areas of Ukraine through the prism of institutional regulation. The main theoretical approaches and practical initiatives implemented at the local level are considered in order to determine the optimal ways to achieve economic prosperity, social justice and environmental sustainability. Goal. The purpose of the article is to analyze the impact of decentralization on the sustainable development of rural areas through institutional regulation, with the aim of identifying optimal ways to achieve economic prosperity, social justice and environmental sustainability. Method (methodology). The research uses complex scientific methods, including analysis of existing literature, synthesis of data from various sources, comparative analysis of development strategies of united territorial communities, as well as empirical research methods to study specific examples of successful implementation of institutional innovations. The results. The study confirmed that decentralization contributes to the sustainable development of rural areas in Ukraine, giving communities more opportunities to independently solve problems. The analysis of the strategies of the united territorial communities revealed that the successful implementation of sustainable development requires active participation of the public, strategic planning and adaptation of proven practices. The use of e-democracy and participatory budgeting has shown effectiveness in involving citizens in governance and ensuring transparency of local government actions. Cooperation with international organizations and innovative projects increases the effectiveness of sustainable development strategies, which leads to improved quality of life, economic growth and environmental sustainability. Recommendations include strengthening collaboration between sectors, expanding open governance practices, engaging the private sector, and increasing investment in local sustainable infrastructure.