+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Economic Analysis: Theory and Practice
 

Monitoring and control in regional financial and economic systems strategizing

Vol. 24, Iss. 4, APRIL 2025

Received: 19 December 2024

Accepted: 27 January 2025

Available online: 15 April 2025

Subject Heading: COMPREHENSIVE ECONOMIC AND FINANCIAL ANALYSIS

JEL Classification: G18, P11

Pages: 174-187

https://doi.org/10.24891/ea.24.4.174

Murad K. ALIMURADOV Lomonosov Moscow State University, Moscow, Russian Federation
amkpro5@gmail.com

https://orcid.org/0000-0001-6512-2613

Subject. The article discusses methodological foundations of monitoring and control of the strategization of regional financial and economic systems.
Objectives. The purpose is to investigate the essence of functions of strategic monitoring and control over financial and economic systems development, their features and interrelationships at different stages of the regional strategy implementation.
Methods. The study employs methods of scientific analysis and synthesis, systematization and generalization. The methodological basis of the research was the theory of strategy and methodology of strategizing by V.L. Kvint, a foreign member of the Russian Academy of Sciences.
Results. Regional financial and economic strategizing is divided into two major structural blocks, i.e. processes of strategy development and implementation. The study formulated provisions to ensure the consistency of the functions of strategic monitoring and strategic control over the implementation of priorities for the development of regional financial and economic systems, defined the role of monitoring and control in the organizational structure of the regional strategy implementation, highlighted the features of strategic monitoring and control functions at different stages of regional financial strategy implementation.
Conclusions. An effective system of strategic monitoring and control enables to identify and evaluate how the set parameters are achieved at each stage of regional strategizing. The organization of simultaneous continuous monitoring and periodic monitoring ensures the most effective achievement of the targets of the regional strategy.

Keywords: financial strategy, strategizing, strategic monitoring, strategic control, regional strategy

References:

  1. Kvint V.L. [Theoretical basis and methodology of strategizing of the private and public sectors of the Kuzbass region as a medial subsystem of the national economy]. Ekonomika promyshlennosti = Russian Journal of Industrial Economics, 2020, vol. 13, no. 3, pp. 290–299. (In Russ.) URL: Link
  2. Alimuradov M.K. [Elements and Stages of Regional Financial Strategies Development]. Strategirovanie: teoriya i praktika = Strategizing: Theory and Practice, 2022, vol. 2, no. 2, pp. 199–211. (In Russ.) URL: Link
  3. Sasaev N.I. [The role of strategic adjustment in industrial strategizing]. Izvestiya Sankt-Peterburgskogo gosudarstvennogo ekonomicheskogo universiteta = Bulletin of Saint-Petersburg State University of Economics, 2023, no. 1, pp. 114–119. URL: Link (In Russ.)
  4. Kvint V.L. Strategicheskoe upravlenie i ekonomika na global'nom formiruyushchemsya rynke [The Global Emerging Market: Strategic Management and Economics]. Moscow, Biznes Atlas Publ., 2012, 627 p.
  5. Kvint V.L. Strategy for the Global Market: Theory and Practical Applications. Routledge New York, NY, London, 2016, 519 p.
  6. Tsivilev S.E. [Managing of the Kuzbass region strategy implementation for the period up to the year 2035]. Ekonomicheskoe vozrozhdenie Rossii = Economic Revival of Russia, 2021, no. 2, pp. 5–19. URL: Link (In Russ.)
  7. Kvint V.L. Kontseptsiya strategirovaniya [The Concept of Strategizing]. Kemerovo, Kemerovo State University Publ., 2020, 170 p.
  8. Alimuradov M.K. [Interregional Competition for Strategic Economic Factors]. Strategirovanie: teoriya i praktika = Strategizing: Theory and Practice, 2021, vol. 1, no. 2, pp. 163–172. (In Russ.) URL: Link
  9. Sasaev N.I. [Fundamentals of industrial strategizing: From strategy concept to its implementation]. Ekonomika promyshlennosti = Russian Journal of Industrial Economics, 2023, vol. 16, no. 1, pp. 7–19. (In Russ.) URL: Link
  10. Lyandau Yu.V. [Building a process-project organizational management structure]. Upravlenie v Rossii: problemy i perspektivy, 2017, no. 1. (In Russ.) URL: Link% 80%D0%BD%D0%B0%D0%BB-%E2%84%961-2017.pdf
  11. Aganbegyan A.G. [On the Target Orientation of a Regional Strategy for Socio-Economic Development]. Ekonomicheskie strategii = Economic Strategies, 2020, vol. 22, no. 1, pp. 6–17. URL: Link (In Russ.)
  12. Alimuradov M.K. [Elements and Stages of Regional Financial Strategies Development]. Strategirovanie: teoriya i praktika = Strategizing: Theory and Practice, 2022, vol. 2, no. 2, pp. 199–211. (In Russ.) URL: Link. org/10.21603/2782-2435-2022-2-2-199-211
  13. Tsivilev S.E. Strategicheskie prioritety razvitiya Kuzbassa i upravlenie protsessami ikh realizatsii [Strategic priorities of Kuzbass region development & management of their implementation processes]. St. Petersburg, Northwestern Management Institute Publ., 2021, 52 p.
  14. Evdokimov D.S. [Strategic Development of Control Systems of Modern Situation Centers]. Strategirovanie: teoriya i praktika = Strategizing: Theory and Practice, 2021, vol. 1, no. 1, pp. 89–98. (In Russ.) URL: Link

View all articles of issue

 

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 24, Iss. 4
April 2025

Archive

Видите ошибку в отчестве? Отключите перевод, это английская версия сайта!