Method of integrated assessment of the level of economic potential of a cross-border region

Abstract

The article presents a methodology for assessing the level of economic potential developed by the author. The author uses a multidimensional assessment of economic potential based on the provision of the cross-border region with economic, social, infrastructural, innovative, digital resources, as well as taking into account transit, institutional provision. The methodology is based on the author's interpretation of the concept of "economic potential of a cross-border region" and includes the definition of five levels of potential of a cross-border region. Particular attention is paid to the objectivity of the initial data, as well a comparisons of economic potential in dynamics based on a multidimensional averagevalue. The author's methodology for an integrated assessment of the level of economic potential of a cross-border region has a practical focus. The purpose of the analysis is to determine the level of development of the economic potential of a cross-border region in order to determine the direction of balanced, sustainable development based on a typological comprehensive assessment of regional economic potential and generalization of its results. The subject of the study is the influence of cross-border factors on the socio-economic development of a region. The purpose of the study is to develop and test a methodology for an integrated assessment of the level of economic potential and its impact on the socio-economic development of a cross-border region. Research methods – economic and statistical, analysis, synthesis, inductive, deductive, comparison, system, expert assessments, etc.In modern conditions, the formation of convenient and effective methods and tools for measuring balanced, sustainable socio-economic development, allowing for an unambiguous interpretation of the results obtained, is of high value from both a research and a management point of view. The advantages of the integrated indicator proposed by the author include the ability to cover all the main potentials in the structure of the economic.