The main purpose of the study is to determine the main stages of SMART management of sustainable development of the region for the countries of Eastern Europe in the context of globalization. The issue of implementing a SMART management system today is relevant and critical for the further optimal functioning of the regional management system. The process of implementing SMART management itself is complex and complex, given this, there is a real need to find new methods for systematizing this process in the regional management system. The methodology involves the application of the method of graphic representation of the functional achievement of the goal. This methodology allows you to depict the main stages of achieving the goals in the beat way. Based on the results of the study, we have formed a graphically step-by-step model of effective SMART management of sustainable development of the region for the countries of Eastern Europe under the influence of globalization. As a result of the formation of this model, we have algorithmized and systematized the process of implementing SMART management of sustainable development of the region for the countries of Eastern Europe in the context of globalization. The use of this model will facilitate the adaptation of regional governance systems to a qualitatively new type of management. The study has limitations and concerns limited access to the socio-economic and sustainable development of the regions. We have taken only the regions of Eastern Europe as an example, but in the future we should expand our graphically step-by-step model of effective SMART management of sustainable development of the region for the countries of Eastern Europe under the influence of globalization for the regions of the whole world.

The main purpose of the study is to determine the main stages of SMART management of sustainable development of the region for the countries of Eastern Europe in the context of globalization. The issue of implementing a SMART management system today is relevant and critical for the further optimal functioning of the regional management system. The process of implementing SMART management itself is complex and complex, given this, there is a real need to find new methods for systematizing this process in the regional management system. The methodology involves the application of the method of graphic representation of the functional achievement of the goal. This methodology allows you to depict the main stages of achieving the goals in the beat way. Based on the results of the study, we have formed a graphically step-by-step model of effective SMART management of sustainable development of the region for the countries of Eastern Europe under the influence of globalization. As a result of the formation of this model, we have algorithmized and systematized the process of implementing SMART management of sustainable development of the region for the countries of Eastern Europe in the context of globalization. The use of this model will facilitate the adaptation of regional governance systems to a qualitatively new type of management. The study has limitations and concerns limited access to the socio-economic and sustainable development of the regions. We have taken only the regions of Eastern Europe as an example, but in the future we should expand our graphically step-by-step model of effective SMART management of sustainable development of the region for the countries of Eastern Europe under the influence of globalization for the regions of the whole world.

The article is devoted to identifying the impact of factors on the increasing labour productivity in the economies of the European Union-27 (EU-27) and Ukraine. The system of influencing factors that must be taken into account in the assessment of the labour productivity indicator was substantiated. The factors are based on the most significant indicators of innovative development (innovative activity; formation and the use of personnel; the state of use of fixed capital; the composition of the payroll budget; investment activity; and the use of working time). Based on the use of the method of linearization of the labour productivity model, the rating coefficients of the influence of factors for the economies of the EU-27 and Ukraine were determined. It has been proven that the following factors have a significant positive impact on labour productivity: an increase in the costs of scientific research and development; the growth of enterprises expenditures on research and development (R&D) in high-tech sectors; the increase in the share of scientific research personnel and researchers in the total number of the employed population; the growth of costs for the innovation of industrial enterprises; an introduction to the production of new technological processes and innovative types of products; the purchase of machinery, equipment, and software; an increase in the share of the employed population that has a basic higher education (bachelor’s degree); the growth in the share of the employed population that has a full higher education (master’s degree); the increase in the share of enterprises providing training; the increase in the capital–labour ratio; the technological equipment of labour; the machine equipment of labour; the renewal of fixed capital; and the increase in the level of intellectualization of fixed capital. The available reserves for increasing the labour productivity in EU-27 economies and Ukraine were clarified, and recommendations for managing the labour productivity in the conditions of innovative development have been provided. This study gains relevance when Ukraine has assumed the official status of an EU candidate country and the advantages and potential difficulties in the membership process should be evaluated. Labour productivity will be one of the key factors in the post-conflict recovery of the economy.

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