FEATURES OF DEVELOPMENT OF THE FINANCIAL COMPETITIVENESS MECHANISM IN THE REGIONS OF UKRAINE

The current legislation, which is regulates the management of the regional economy is analyzed in our article. Legal prerequisites for the formation and implementation of the regional financial competitiveness' mechanism are considered; their content-constructive features are described in details. The composition of the regional financial resources and the concept of "financial potential of the region" are described. Their role in the formation of specific competitive advantages and financial competitiveness as a whole is indicated. The authorial diagram of regional competitive advantages is constructed. Integrated system of indicators for the definition of the regional financial competitiveness is proposed. Comparative analysis of regional development strategies has been done, which is basis for the authorial interpretation of the mechanism of formation and implementation strategies / programs for regional development to provide competitive advantages.