Journal
УКР   ENG
Socio-Economic Problems
of the Modern Period of Ukraine
   



Collection SEPSPU -- sep2026.03.031

Repository of Institute of Regional Research UDC 330.341.1:332.1:339.92; JEL F33, O19
Pshyk, B. I. (2026). Strukturni ta investytsiyni fondy YeS v systemi mekhanizmiv finansovoyi pidtrymky mizhnarodnoho terytorial'noho spivrobitnytstva: teoretyko-metodolohichni zasady [EU structural and investment funds in the system of financial support mechanisms for international territorial cooperation: theoretical and methodological foundations]. Sotsial'no-ekonomichni problemy suchasnoho periodu Ukrayiny [Socio-Economic Problems of the Modern Period of Ukraine], 3(175), 31-41. [in Ukrainian].
Sources: 13

Authors



Pshyk Bohdan Ivanovych

Doctor of Economics, Professor

Professor of the Department of financial technologies and consulting of the Faculty of Finance Management and Business of the Ivan Franko National University of Lviv; Senior Researcher of the Sector of transborder cooperation of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: pshykb1978@ukr.net

Webpages:

Resume

The article addresses the theoretical and methodological foundations of the functioning of EU Structural and Investment Funds as a key instrument of financial support for international territorial cooperation. It reveals their place within the EU financial architecture and substantiates their decisive role in implementing the EU policy on economic, social, and territorial cohesion. The specific features of the Funds' operation within the Multiannual Financial Framework for 2021-2027 are identified, while the main funds, areas of financing, and opportunities for their use in territorial development are characterized. The principles governing the operation of the Structural and Investment Funds are systematized and classified into general and specific principles. The general principles include systemicity, comprehensiveness, scientific and methodological validity, objectivity, purposefulness, development, regulatory certainty, and qualitative and quantitative determinacy. The specific principles are categorized into four groups: strategic principles (programming, concentration, coherence); financial principles (co-financing, fairness, additionality, and multi-channel resource provision); managerial principles (partnership, multi-level governance, and subsidiarity); and monitoring principles (control, transparency, and performance orientation). The article outlines the content of the Funds' main functions, including redistribution, investment and innovation, stimulation, convergence, the social function, the institutional function, control, and the political function. The author substantiates a conceptual sequence for studying the Structural and Investment Funds as a mechanism of financial support for international territorial cooperation, encompassing theoretical, analytical, and applied stages. The article argues that the theoretical and methodological basis for researching the Structural and Investment Funds should be based on a systems approach. Such an approach makes it possible to examine the activities of the Funds within the overall system of EU financial support mechanisms for territorial cooperation, assess the practice of their functioning, conduct a comparative analysis of European countries’ experience in implementing EU policy objectives through cooperation with the Funds, and develop recommendations regarding access mechanisms, implementation directions, and prospects for Ukraine's use of these resources. The scientific study of these areas is an important prerequisite for enhancing the validity of decisions made by public authorities and regional governance institutions in the context of European integration processes, the post-war recovery of Ukraine's socio-economic potential, and ensuring the country's readiness for future access to and effective utilization of the resources of the EU Structural and Investment Funds. Promising directions identified for further research include the assessment of fund effectiveness, mechanisms for Ukraine's access to their resources, adaptation of the national governance system to EU requirements, and the use of the Funds' potential for post-war recovery. The article concludes that the EU Structural and Investment Funds are among the most important financial instruments for supporting international territorial cooperation and regional development, while their further scientific investigation is of significant importance for shaping an effective policy of Ukraine's integration into the European financial and institutional space.

Keywords:

European integration, financial support mechanisms, international territorial cooperation, cohesion policy, regional development, structural funds, investment funds

References

    
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