Regional Integration as a Factor of Boosting Social and Economic Development: EU Case Study

The paper analyzes the management experience of regional integration within the EU to ensure its social and economic development as well as transition to the digital economy. The subject of research is to assess the possibilities of regional integration as a tool for solving problems that cannot be resolved by the efforts of individual countries. The purpose of research was to analyze the EU economic policy measures aiming at enhanced social and economic development of the region and the transition to the digital economy in the period after the adoption of Junker’s plan and the single market strategy and, based on the above, determine the system principles of these policies and evaluate the effectiveness of the carried out activities in terms of whether the results obtained can be used for members of other regional spaces. It is concluded that the principles used in the EU for designing tools ensuring social and economic development and the transition to the digital economy in another region proved to be effective and the means of integration based on similar principles can be used to improve the efficiency of managing the socio-economic development of national economies of non-EU countries and promote their digitization.