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Assessment of the effectiveness of regional financial policy: strategies and instruments of financial management in the region

https://doi.org/10.18384/2949-5024-2025-3-15-22

Abstract

Aim. The study is aimed at identifying promising approaches to the formation and implementation of regional financial policy that promotes sustainable development of territories.
Methodology. The methodological approach used in the study includes a systematic and comparative analysis of data obtained from open sources, analytical reviews and official statistics.
Results. The need to apply an approach to assessing the effectiveness of regional financial policy, considering the characteristics of each region, is established. Key financial management tools are identified: budget planning, tax and credit policies, as well as measures to attract investment.
Research implications. The study contributes to the theory of financial policy, offering new approaches to monitoring and evaluating its results, which also in practice allows to improve the efficiency of regional financial management by expanding the understanding of the mechanisms of interregional cooperation.

About the Author

Yu. Akchulpanov
Institute of Social and Economic Research, Ufa Federal Research Center, Russian Academy of Sciences
Russian Federation

Yulay К. Akchulpanov (Ufa) – Vice-Rector for Research and Innovation Work, Institution of Continuing Professional Education, Institute for Education Development of the Republic of Bashkortostan, Researcher



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ISSN 2949-5040 (Print)
ISSN 2949-5024 (Online)