Economic Diagnostics of Territorial Development: National Dimension and Experience of EU Countries

Abstract

The study is devoted to the theoretical and applied organizational bases for substantiation of indicators and indicators for assessing the competitiveness of transformation processes in the regions. The main purpose of the article is the process of conducting a competitive analysis of the effectiveness of transformation processes in the regions of Ukraine. The article tests the authors' hypothesis on certain indicators for assessing the competitiveness of transformation processes in the region, as well as using them to study the main trends in the regional operating system in dynamics, which is an important step for strategic decisions in the context of competitiveness. The dependence of the calculations on the multicriteria analysis of the competitiveness of the regions on the principle of the process approach showed that each region of Ukraine has its competitive advantages and disadvantages, which must be taken into account when formulating regional development strategies. The results of the study can be used as an information basis for further prospective research to develop recommendations for optimizing business processes in the regions to increase their competitiveness, and the proposed methodological approaches can be used to assess the competitiveness of local operating systems, including at the local level to determine their investment attractiveness and optimize individual business processes or their components.