REGION DEVELOPMENT STRATEGY FORMATION: THEORETICAL FRAMEWORK AND PROCEDURAL GUIDELINES

This paper deals with the problems of strategic development of the region, main
stages of the region’s strategy formation are identified. The factors that determine the
choice of strategy and allows to consider the region's economy as a complex
interconnected controlled system are classified. The contribution of business social
investments is educed as a modern factor in the region’s development. The
classification of the region’s investment strategies is developed.