distribution of indicators for assessing the state of the domestic market, taking into
account their informational heterogeneity, was formed and substantiated. The
evaluation of indicators of a functional nature, a structural nature, a factor and a
determining factor was conducted in order to obtain a generalizing indicator of the state
of the domestic market of goods.
The seventh section “INNOVATION IN THE GLOBAL FINANCIAL
MARKET: ASSESSMENT OF TRANSFORMATION”. The article research is
dedicated to the examination of theoretical and practical aspects of the world financial
market functioning and development under globalization. In particular, it also reveals
modern aspects of financial globalization, the place of the world financial market in
the world financial system and the modern global fintech ecosystem
.
The eighth section “
FEATURES OF FORMATION OF THE FINANCIAL AND
ECONOMIC
MECHANISM
OF
MANAGEMENT
OF
REGIONAL
DEVELOPMENT
”. The purpose of the study is to analyse the world experience and
modern approaches to the formation of mechanisms of public administration for the
development of regions. The research is based on a comparative analysis of different
approaches to the definition of mechanisms for public administration and regulation of
socio-economic development of the regions, their formation and ensuring effective
functioning. The financial and economic mechanism is crucial in realising the primary
goal of public administration by regional development - ensuring economic growth
necessary to meet the social needs of the population at the level of the best world
achievements while preserving natural resources for future generations. The proposed
decisions to the improvement of financial and economic mechanisms of public
regulation will allow developing measures to ensure sustainable development of the
territory.
The ninth section “IMPERATIVE OF THE MANAGEMENT INSTITUTE IN
IMPLEMENTATION OF THE SUSTAINABLE DEVELOPMENT CONCEPT”. The
article defines and justifies the imperative of the management institute in the
sustainable development concept. Its features have been established in the context of
achieving the sustainable development goals (SDGs) in a globalized world and the
practice of its applying is characterized, in accordance with the Ukrainian conditions,
related to the implementation of systemic reforms. It is noted that today, given the
forecast horizons of global systemic changes caused by the introduction of the results
of the fourth industrial revolution (Industry 4.0), the growing influence of the values
of anthropogenic civilization forces us to develop a vector of managerial knowledge,
to introduce new methods and forms of social management at all levels of the economic
organization of mankind. A conceptual model of the organizational platform for
implememntation of the objectives of the SDGs in Ukraine is proposed, which is
intended to unite all levels of the public administration system and provide an
- 477 -