https://vestnik.volbi.ru/


METHODS OF REGIONAL STRATEGIZING BASED ON THE FINANCIAL MODEL

Back to articles of current journal
PDF: Author(s): Glinskaya O. S., Gomayunova T. M., Gomayunova Yu. S., Krasnova T. S., Melnikova Yu. V.,
Number of journal: 2(71) Date: June 2025
Annotation:

Currently, the regional financial model is the most accurate and promising tool for the development of the territory. The financial model is generally considered as a mathematical construct used in the process of forecasting financial performance and making managerial decisions, where the positive side of this approach is the formalization of the mathematical component of the model. The article reveals the processes of regional strategizing based on the financial model of territorial development, which applies forecasting of regional financial indicators, defining methods of analysis and synthesis of historical data to identify and select promising directions of action. The study synthesizes the procedures and stages of the regional financial model to calculate the necessary indicators that provide an information resource for strategizing the region, including: organizing a regional financial model; forecasting regional financial indicators; assessing the cost of regional capital; analyzing the sensitivity of the region; making regional management decisions; attracting financing to the region; regional budgeting and planning. It is proposed to apply a matrix of the relationship between the stages and procedures of the regional financial model, where the mechanism for carrying out basic procedural actions at the main stages involves the implementation of preliminary control, and then forecasting. The algorithm for constructing a financial model of the region is clarified, including: the process of choosing a financial model for the region; defining the goals and objectives of the region’s development; collecting and grouping data for the financial model; making assumptions and drawing up preliminary scenarios; the process of constructing a financial model; analysis and validation of financial model indicators; interpretation of results; implementation of feedback in the implementation of the financial model at all stages.

Keywords:

regional financial model, regional strategizing, stages of the financial model, system of indicators, region- al management decisions, budgeting, planning, scenarios of regional development, diagnostics of industry indicators

For citation:

Glinskaya O. S., Gomayunova T. M., Melnikova Yu. V., Krasnova T. S., Gomayunova Yu. S. Methods of regional strategizing based on the financial model. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2025;2(71):165—169. DOI: 10.25683/VOLBI.2025.71.1325.