October 10, 2025State FormationOpen Access

Cultural resource as an active tool for socio-economic development of territorial communities

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Analysis reveals cultural resources enhance socio-economic development in territorial communities, suggesting effective local budget management.

Socio-economic development improves in territorial communities through effective use of cultural resources.
Decentralization opened new opportunities for local budgets, enhancing economic prospects in regions.
The cluster model fosters small business growth by promoting entrepreneurship and job creation.
Local governance competence is vital for leveraging cultural resources and driving community growth.

Nataliia PLOTNIK (2025) studied this question.

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Analysis reveals cultural resources enhance socio-economic development in territorial communities, suggesting effective local budget management.