PLANNING OF THE AMALGAMATED TERRITORIAL COMMUNITIES’ ECONOMIC DEVELOPMENT

The paper dials with the results of studying the main components of a process of planning local economic development of the amalgamated territorial communities. Author focuses on current issues facing local governments in implementing an effective policy of local economic development. It substantiates the necessity of forming a Local Economic Development Working Group and points the requirements for its members. Author argues the necessity to diversify a Local Economic Development Working Group by criterion of belonging its members to various categories of local economic development stakeholders. The arguments for involving business and community to the planning process of amalgamated territorial communities’ local economic development identified. The importance to develop an Economic Profile of amalgamated territorial communities as an analytical document defined as well as double meaning of the document for an amalgamated territorial community. The paper defines potential users of economics profile of amalgamated territorial community. Author proposes the structure of an analytical document and determines the requirements for the content of its five sections. Priority tools for activating local economic development of amalgamated territorial communities identified. The general tendencies of choosing the priority instruments of local economic development of amalgamated territorial communities by the members of the working group noted. There are arguments concerning expediency of introducing the priority instruments of local economic development of amalgamated territorial communities from the point of view of the data of the economic profile, in particular there are arguments concerning cooperative movement in agriculture. The priority instrument of local economic development for amalgamated territorial communities with significant recreational potential and poorly equipped tourist infrastructure is determined. Thus, in the process of planning local economic development of the amalgamated territorial communities it is necessary to focus on the following important components: creation Local Economic Development Working Group, drawing up an Economic Profile, choosing the priority instruments of local economic development and justification expediency for their implementation.