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The State Target Programs as an Effective Instrument for Stimulating Economic Development
Nazarova T. Y., Biskyi S. N.

Nazarova, Tetiana Yu., and Biskyi, Serhii N. (2024) “The State Target Programs as an Effective Instrument for Stimulating Economic Development.” Business Inform 7:99–106.
https://doi.org/10.32983/2222-4459-2024-7-99-106

Section: Regional Economy

UDC 336.1:352

Abstract:
The article is devoted to the study of the State target programs as an effective instrument for stimulating the economic development of Ukraine. The main goal is to determine the role of these programs in the socioeconomic development of the country, analyze their efficiency, identify problems and develop recommendations for improving their effectiveness. As a result of the study, it was determined that the State target programs have a significant potential for stimulating economic growth, creating jobs, attracting investment and improving socioeconomic indicators. At the same time, a number of problems have been identified, such as insufficient financing, ineffective management and control, which limit their efficiency. The success of such programs in achieving strategic development goals, in particular, stimulating economic growth and social progress, is analyzed. New approaches to improving the mechanisms of planning, financing and implementation of the State target programs are proposed, which include increasing transparency and accountability, as well as involving the private sector in the implementation of programs. The elaborated recommendations can be used by government bodies to improve the process of implementation of the State target programs, increase their efficiency and effectiveness. This, in turn, will contribute to the achievement of Ukraine’s strategic development goals. The key areas of reconstruction and recovery after the war are determined, which become the basis for the development of target programs. The authors consider various aspects of target program management, including monitoring mechanisms, performance evaluation and data-driven adjustment of strategies, systematization of the experience of using target programs as an instrument for post-war development and highlighting their impact on the sustainability of the country’s development in the context of post-war recovery.

Keywords: State target programs, economic development, financing, management, monitoring, assessment of efficiency, post-war development.

Tabl.: 2. Bibl.: 14.

Nazarova Tetiana Yu. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Accounting and Finance, National Technical University «Kharkiv Polytechnic Institute» (2 Kyrpychova Str., Kharkіv, 61002, Ukraine)
Email: [email protected]
Biskyi Serhii N. – Postgraduate Student, Department of Accounting and Finance, National Technical University «Kharkiv Polytechnic Institute» (2 Kyrpychova Str., Kharkіv, 61002, Ukraine)
Email: [email protected]

List of references in article

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