THE SCIENTIFIC BASIS FOR THE SUSTAINABLE DEVELOPMENT OF REGIONAL ECONOMY

The article deals with the theoretical questions of sustainable development of the region. In order to eliminate discrepancies in the terminology, the author perfected the conceptual apparatus. It is impossible to solve the problem of the socio-economic system stability without creation of a sound methodological and methodical foundation, without a scientific substantiation of actions at all hierarchical levels. The critical analysis of existing definitions of sustainability of socio-economic systems showed that the generally accepted concept of modern science has not been produced. Four approaches to determine the sustainability of socio-economic systems are analyzed. The principles of process management of the sustainable development are justified, the directions to achieve it are studied. The modern regional policy is proved not to be focused on the formation and implementation of the sustainable development of the regions. But the definition in the proposed conceptual principles of the management of sustainable development principles, directions and objectives of the regional policy on the implementation of the project at the regional level with specifying the tools and mechanisms to achieve is the key attraction of regions of Ukraine to management in terms of sustainable development.