Framework for regional development regulation in EU integration context

Abstract

The article explores the goals of state regional policy, including increasing regional competitiveness level, territorial socio-economic integration and spatial development, effective state management in the field of regional development. The bases on which the process of formation and implementation of the state regional development policy should be based are determined. The stages of realization of the state strategy of regional development are considered. The main aspects of the EU's 2020 economic development strategy "Europe 2020, Strategy of smart, sustainable and inclusive growth" are explored. It is established that EU regional policy most clearly demonstrates the features of the EU's approach to policy formulation, its responsiveness and flexibility. The directions of improvment of the existing legal and normative framework for regulating regional development and the main objectives of the activities of the authorities in the context of European integration are suggested.