State policy of the potential-forming space transformation in the context of the regional development intensification

From a documentary-based methodology, the article examines the existing aspects of the state policy of transformation of the space that forms potentialities in the context of intensification of regional development. The framework for the formation of an institutional environment to ensure the space for the formation of potential, includes: legislative basis; institutional and legal support for regions to gain importance in the global market. In addition, the existing shortcomings of the State policy of transformation of the space that forms potentialities in the context of intensification of regional development are highlighted, which are characterized by: imperfection of the legislative basis of regional development; unstable relations between different levels of government; disregard for threats and risks in the formation of priority tasks and regional development goals; the practice of not having to implement strategic plans and regional development tasks, etc. It is concluded that the existing state policy on the subject that can influence regional development requires improvements, these improvements will further help to increase the efficiency of management decisions and bring to their full completion the reforms initiated in the direction of political and administrative decentralization in Ukraine.