The research paper discusses the growing importance of rural tourism and community based development as a means of sustainable regional development. Growing number of international visitors in Georgia, as well as high agriculture dependence of local population, requires the Government to have a clear long-term strategic vision for tourism and rural development policies. Understanding of the local community role in the sustainable tourism development will enhance the decentralization processes. Experience of developed countries like Italy and German, Check republic, New Zealand, etc. shows that in the wake of the emergence of rural tourism, many countries changed and harmonized policies that reflected modification in national regulations and development strategies. The Georgia’s favorable climate and soil have historically shaped agriculture one of its most productive economic sectors. Nevertheless, nowadays the sector does not provide favorable economic benefits to the local population. As a promising component, research paper identifies rural tourism as a central stimulator for agriculture sector adding strength to a traditional poor rural economy. Analysis of various existing policy initiatives in Georgia shows urgent need for harmonization of policy documents and local community involvement.

Ensuring inclusive rural development of territorial communities requires a comprehensive study and the use of special methods and tools. To ensure such growth, it is advisable to apply financial decentralisation and territorial marketing. The aim of the study is to determine the level of inclusive rural development of territorial communities of Lviv region. The study is based on the analysis of the budgetary indicators of rural territorial communities of Lviv region, a study of the political, economic and social inclusion of active groups of entities of rural territorial communities of Lviv region. The budgetary indicators of rural territorial communities of Lviv region are analysed, taking into account the average values for the region and the country. Based on the results of questionnaire surveys of active groups of entities of rural territorial communities of Lviv region, the level of political, economic and social inclusion is determined. The research identified indicators of political, economic and social inclusion that shape the perceptions of active groups of entities on further improvements aimed at enhancing inclusive rural development of territorial communities. The results of the research show that the level of inclusive rural development of territorial communities of Lviv region is above average. Prospects are aimed at ensuring permanent monitoring of the integrated index of inclusive rural development of territorial communities as an indicator of the efficiency of budgetary funds (financial decentralisation) and meeting the needs of active groups of entities of rural communities (territorial marketing) in Ukraine.