SWOT Analysis Of Territorial Communities In Zhytomyr Region

Abstract

The article examines the specific features of conducting a SWOT analysis for territorial communities. It is established that SWOT analysis involves identifying strengths and weaknesses, as well as threats and opportunities. This process is necessary for establishing linkage chains between these elements, which can subsequently be used to systematically build a development strategy for the territorial community. The article defines the essence of SWOT analysis and its application within territorial communities, providing a detailed visualization of its key stages. A thorough analysis of the main economic indicators of Zhytomyr region is conducted, identifying the primary revenue and expenditure items of the regional budget. Based on the SWOT analysis of Zhytomyr region’s economy, it is determined that a promising direction involves developing a strategy to attract foreign investment specifically focused on technology development. In conclusion, the author provides a model for attracting foreign investment to support the growth of the IT sector in Zhytomyr region.