Forecasting Analysis Tools in Managing the Economic Policy of Territorial Communities

Autori:

Ivan PARUBCHAK, Tetiana TERESHCHENKO, Anastasiia SHULHA, Vitalii RAVLIUK, Andriі ANTONOV

Cod: ISSN: 1583-3410 (print), ISSN: 1584-5397 (electronic)
Dimensiuni: pp. 155-176

How to cite this article:

Parubchak, I., Tereshchenko, T., Shulha, A., Ravliuk, V., Antonov, A. (2025). Forecasting Analysis Tools in Managing the Economic Policy of Territorial Communities. Revista de Cercetare si Interventie Sociala, 90, 155-176, DOI: 10.33788/rcis.90.9

Abstract:

In the context of globalization processes, economic instability and socio-political transformations, improving the efficiency of strategic planning and forecasting analysis is becoming an important component of ensuring the sustainable development of territorial communities. The purpose of the study is to identify effective tools for forecasting analysis and strategic management to ensure sustainable development of territorial communities. The article provides a comprehensive analysis of modern approaches to forecasting analysis in the economic policy of territorial communities’ development. The key forecasting methods, including econometric models, scenario planning, artificial intelligence tools and multidisciplinary approaches, are studied, their advantages, limitations and the level of implementation in Ukraine and abroad are determined. A multivariate regression analysis was conducted on the example of 12 EU countries, which demonstrated a significant impact of digital accessibility and socio-demographic characteristics on the economic development of communities, which confirms the need to integrate digital technologies into the strategic planning process. The results of the study emphasize the importance of moving from short-term, reactive management to long-term sustainable development strategies that combine innovative technologies, human capital development, and active citizen participation. The proposed system for improving forecasting analysis tools, including methodological, technological, information, personnel, and regulatory aspects, is aimed at improving the accuracy of forecasts, efficiency of management decisions, and transparency of the planning process. The conclusions obtained are of practical value for the development of strategies for the sustainable development of territorial communities around the world.

Keywords:

management; local self-government; econometric models; forecasting tools; public administration; territorial communities; regional development; strategic management; strategic planning; economic policy for municipal development.

DOI: https://doi.org/10.33788/rcis.90.9

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