Кnysh Y. Evaluation of the economic efficiency of the regional economy

The thesis is devoted to the justification of theoretical concepts and the development of practical recommendations for improving the assessment of economic efficiency of regional economy. The theoretical generalization of the "region" definition's content and the nature of a region's economy development's economical effectiveness has been grounded; the aforementioned generalization is characterized by taking into account the features of creating a region's GVM, the intermediate consumption and the rates of their growth compared to the GRP growth rate, which is one of the main factors affecting the value of a region's economy development's economical effectiveness and provides a more thorough understanding of the nature of its formation.The study developed a scientific and methodical approach to evaluating the economic efficiency of a region's economy using the generalized system of indicators and benchmarks, which allows detecting trends in the economic development of a region and forming a ground for making management decisions aimed at increasing the economical effectiveness of a region's economy development on the basis of comparisons with nationwide trends. An analysis of modern state of socio-economical development of the Zaporizhzhya region and an evaluation of its development's economical effectiveness by types of economical activity have been performed. A mechanism of supporting entrepreneurship in those sectors of economy, development of which is crucial to forming region's GVM, is proposed with an eye to increasing the economical effectiveness of the region's economy development.