Modern Approaches to The Formation of a Regional Development Strategy. Goal Setting, Sources of Financing, Corporate Governance and Behavioral Finance

Purpose: This article is dedicated to the study of approaches to the strategic development of regions on the example of The Zakarpattia region using long-term planning and the application of program-target method. Public administration of regional development is shifted towards decentralization, when the state regional policy is formed and legislated at the highest level, namely regional strategies are a document developed by regional state administrations with the participation of government, business, public and academics. Modern regional development must be based on the goals of sustainable development. Identifying future trends and using investment in an integrated and coordinated way make regional development strategies effective. All levels of government, from local to national, work together to achieve their goals, and different sources of funding ensure their coordinated implementation.