REGIONAL DEVELOPMENT WITH THE INTEGRATED USE OF REGIONAL POLICY INSTRUMENTS
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Author(s): | Glinskaya O. S., Repushevskaia О. А., |
| Number of journal: | 1(74) | Date: | March 2026 |
| Annotation: | This article is devoted to the development and justification of a comprehensive framework for balanced regional development aimed at reducing disparities and ensuring sustainable growth across all territories within a single economic space. The relevance of the study stems from the persistence of significant differences in the socioeconomic status of regions, which requires a shift from targeted measures to a systemic approach. Spatial development in any country is inevitably accompanied by disparities: the concentration of economic activity, human capital, and investment in some regions and stagnation or degradation in others. To mitigate these contrasts and achieve balanced development, the state utilizes a wide range of regional policy instruments. This article systematizes key regional policy instruments, highlighting their objectives, mechanisms of influence, and potential limitations. Spatial disparities manifest themselves as inequalities in GRP per capita, unemployment, infrastructure quality, accessibility of social services, and migration flows (outflow from “weak” regions). The goal of the smoothing policy is not to mechanically equalize all indicators, but to stimulate the internal potential of lagging territories, reduce gaps in quality of life, and create conditions for sustainable growth across all regions within a single economic space. The study utilizes methods of system analysis, comparative assessment, and synthesis. The article presents and scientifically substantiates the development of a comprehensive model for the interaction of regional policy instruments (spatial planning, budgetary, financial, institutional and investment) aimed at achieving balanced regional development. | ||
| Keywords: | disparities, region, spatial inequality, agglomeration, regional policy instruments, territories, social development, spatial development strategies, financial institution, smoothing policy |
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| For citation: | Glinskaya O. S., Repushevskaia О. А. Regional development with the integrated use of regional policy instruments. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2026;1(74):40—46. DOI: 10.25683/VOLBI.2026.74.1550. |
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