Optimization of the Normative and Institutional Base of Functioning of Industrial Parks in the Conditions of Decentralization

The focus of the article is on the normative and institutional approach to optimizing the further functioning of industrial parks in Ukraine, namely: the need for systemic changes in the innovation and investment sphere to increase GDP growth per capita. The analysis of influence of industrial parks on macroeconomic indicators of a number of countries, and also, stimuli and dynamics of development of industrial parks in national economies of the world is carried out. Automation and maximum normative and institutional simplification of procedures in the creation and operation of industrial parks of foreign countries are stated. Emphasis is placed on the effectiveness of policies to prevent financial abuse in the procedures of state support for industrial parks, as well as the relevant factors enshrined in the legislation of some countries. The analysis of indicators of deindustrialization of the Ukrainian industry simultaneously with sharp "investment hunger" of economy of Ukraine which provokes unemployment, preserves poverty of the population, slows down industrial reconstruction is executed. The list of factors that complicate the implementation of industrial parks is systematized. The state of the regulatory framework for the functioning of industrial parks is analyzed, the presence of a number of draft laws aimed at restarting the idea of creating and maintaining industrial parks is stated. Arguments of significant influence of industrial parks on the development of regional infrastructure and economy are given. It is stated that for many regions the development of industrial parks can be a salvation from repression. The criteria of expediency of their creation and efficiency of work in the regions are systematized. Emphasis is placed on the need to pay attention to regions in need of economic diversification, in particular the old coal regions, which fall under the government's mine closure program. As a concrete example, the analysis of the prospects of economic development of Donetsk region in the framework of the implementation of the Concept of economic development of Donetsk and Luhansk regions, approved by the Cabinet of Ministers in December 2020. An analysis of the latest strategic documents, in particular, the approved Development Strategy of Donetsk and Luhansk regions for the period up to 2030, given the comprehensive analysis, provided proposals for optimizing the regulatory and institutional framework for the formation and effective operation of industrial parks in Ukraine.