Assessment of the regional development strategy implementation

The article considers the issue concerning the formation of an effective mechanism to implement the strategies for socio-economic development in the region. The authors focus on the imperfection of the regional strategic planning system. This problem has become critical in the time of the global financial and economic crisis at the end of 2008. The article indicates the importance of monitoring as a tool to assess the implementation of the strategy on the basis of analyzed consequences of the global financial crisis for the regional economy. The authors present their own approach to estimating the strategy implementation according to the dynamic normal method. The method presupposes that it is possible to carry out the assessment on the basis of comparison of the achieved level with the reference model (matrix of domination) of the economic system functioning. Testing of the authors’ method has helped assess the implementation of the strategy for the Vologda Oblast development at the tactical and strategic level and identify the main problems of socio-economic development.