ORGANISATIONAL AND FINANCIAL MECHANISM FOR IMPROVING INTERREGIONAL COOPERATION IN THE CONTEXT OF POST-WAR RECONSTRUCTION OF UKRAINE
Authors:   Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, KOLTUN Viktoriia , PALAMARCHUK Tetiana ,   Taras Shevchenko National University of Kyiv, Kyiv, Ukraine, LUTSENKO Liudmyla ,   Taras Shevchenko National University of Kyiv, Kyiv, Ukraine
Published: February 2025

Background . This article substantiates approaches to improving interregional cooperation in Ukraine in the context of post-war reconstruction through the use of an organisational and financial mechanism, in particular, it develops promising areas of activity in the field of development of interregional cooperation of certain institutional structures in Ukraine; summarises the advantages and disadvantages of clustering interregional development in Ukraine and the systemic effects of cluster development on the economy of the region and the country as a whole; outlines the organisational procedures for interregional cooperation.

Methods . In preparing the research, were used as general methods, including methods of abstraction, logic, synthesis and analysis (in particular, causal analysis), extrapolation, and as special methods and approaches. For example, the method of functional analysis was used to identify the specifics of clustering; a set of methods belonging to a wide range of systems theory – in analysing correlations between environments of different levels, connections, resources, dynamic open systems, and analysis of homeostats of these systems; an activity-based approach – in characterising the functioning of development actors; modelling – in describing financial models, etc.

Results . The research has established that the purpose of the organisational mechanism of interregional cooperation in Ukraine is to ensure coordination and effective interaction between regions for joint solution of economic, social and infrastructural tasks, which contributes to their sustainable development. As a result of the analysis of statistical data, it has been clarified that such an instrument of the organisational and financial mechanism as clusters is an important factor in interregional development, and in some cases – the driver of the modern national economy. The existence of developed regional clusters in Ukraine contributes to the development of small and medium-sized businesses, increases the level of GDP and the competitiveness of industries and individual regions of Ukraine. Based on the analysis of the effectiveness of public-private partnership projects, was emphasised that in order to strengthen the economy and increase the competitiveness of regions and the country as a whole, it is necessary to intensify public-private partnerships, which would contribute to more efficient use of resources and implementation of innovative initiatives.

Conclusions . The research proves that the organisational and financial mechanism, subject to the integrated use of basic and innovative instruments and their components, has sufficient potential to improve the existing and develop new approaches to the implementation of interregional cooperation to ensure the processes of post-war recovery and development in Ukraine. It is established that the organisational mechanism of interregional cooperation in Ukraine is a key element for ensuring effective interaction between regions and successful implementation of joint projects and programmes. It promotes the efficient use of resources, coordination of strategies and actions for their implementation, which ensures sustainable development of regions and solving common social and economic problems. The sustainable functioning of this mechanism increases the efficiency of interregional cooperation, stimulates innovation and supports infrastructure development. It is clarified that strengthening the financial base of interregional cooperation in Ukraine is extremely important for ensuring the successful development of regions and implementation of joint initiatives. Despite the increase in funding, obstacles such as unequal distribution of resources and lack of coordination between funding sources remain. In order to promote sustainable development, it is becoming clear that there is a need to combine different financial models and increase the transparency of financial transactions. It is equally important to focus on reducing the debt burden by maximising the use of loans and improving the efficiency of public-private cooperation. Prospects for further research are related to the need for a deep theoretical understanding of the processes of European integration in the context of inter-territorial cooperation in the context of Ukraine's post-war recovery in order to develop practical recommendations.