Subject. The article addresses a strategy for socio-economic development of the region. Objectives. The purpose is to define contradictions and opportunities to achieve the expected results of the "Strategy of Socio-economic Development of the Chuvash Republic until 2035". Methods. The study rests on the systems approach, using the methods of statistical, neural network, and cluster analysis. Results. The statistical analysis of trends in expected outcomes of the Strategy implementation enabled to build a median hierarchy of their growth rates, where the indicator of an increase in the number of visits to cultural institutions is a priority in setting the goals for the region’s development. The neural network analysis demonstrates the importance of the growth rate of real accrued wages of employees of organizations and the insignificant value of the increase in the number of visits to cultural institutions for effective achievement of all objectives of the Strategy. The cluster analysis shows the importance of growth rates of indicators of the proportion of organizations engaged in technological innovations, and the proportion of shipped innovative products. The analysis of growth rates of GRP and expenditures of the consolidated budget of the Chuvash Republic reveals a decrease in the cyclical lag of the first dynamic pattern from the second one. Conclusions. For the Chuvash Republic, a strategic priority is to overcome the GRP growth limit through the innovative development of backbone areas of economic activity.
Keywords: development, strategy, target setting
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