AN ANALYSIS OF THE FUNCTIONING OF TRANSFERS BETWEEN THE STATE BUDGET OF UKRAINE AND LOCAL BUDGETS IN 2015—2018
Journal Title: Вісник Університету банківської справи - Year 2018, Vol 0, Issue 3
Abstract
The article it is noted that budget decentralization is one of the basic preconditions for the independent and eff ective activity of local authorities in the management of the territory, the ability to provide high quality and aff ordable services to the population. Th e presence of signifi cant volumes of intergovernmental transfers testifi es to the presence of unresolved problems in the modern system of intergovernmental fi scal relations. Analyzes thefunctioning of intergovernmental transfers in the context of the implementation of decentralization of power and budgetary decentralization reforms. Th e high centralization of budget resources is determined. Th e eff ectiveness of transfer of part of delegated authority to local authorities and increase of tax revenues to local budgets are highlighted. It is noted that the real autonomy of local budgets is not achieved. Th e features of the structure of local budget revenues are revealed. Th e largest fi scal signifi cance belongs to the personal income tax. Signifi cant dependence of local budgets on transfers from the state budget is established. Th e system of horizontal alignment of local budgets’ fi scal capacity does not reduce the signifi cant diff erences in the revenue capacity of local budgets. Th e alignment mechanism is imperfect and requires the introduction of a median-based mechanism that will ensure a real balance of local budgets. Th e imperfection and incompleteness of normative-legal provision of management of intergovernmental transfers are established. Th ere is no clear and mutually exclusive list of own and delegated bodies of executive power to local self-government authorities in the branches of the budget sphere. Th ere is no diff erentiation of expenditures for the fulfi llment of the powers of local self-government bodies and their delegated state. Th e article substantiates the need for further reform of transfers between the state budget and local budgets of Ukraine.
Authors and Affiliations
Світлана Пухир, Христина Данилевич
Keywords
Related Articles
- EP ID EP535148
- DOI -
- Views 106
- Downloads 0
ВПЛИВ ДЕБІТОРСЬКОЇ ЗАБОРГОВАНОСТІ НА СТВОРЕННЯ ЗАПАСІВ НА ПІДПРИЄМСТВАХ ЗЕД
У статті досліджено поняття дебіторської заборгованості на підприємстві. Визначено дебіторську заборгованість як сегмент оборотних коштів підприємства. Розглянуто, як впливає дебіторська заборгованість на створення запас...
FRACTAL ANALYSIS AND FORECASTING OF BUDGETING EFFICIENCY IN UKRAINE UND ERCONDITIONS OF TRANSFORMATIONAL CHANGE
The article analyzes the revenue and expenditure part of the budget of Ukraine, assesses their dynamics based on the use of basic and chain indexes, and it is established that the dynamics of the budget is nonlinear with...
ТРАНСФОРМАЦИЯ ЭКОНОМИЧЕСКОЙ ПРИРОДЫ БАНКА В УСЛОВИЯХ ЦИФРОВИЗАЦИИ: ПРАВОВОЙ АСПЕКТ
Рассмотрена роль банков в системе финансового предпринимательства с учетом того, что они являются ведущими финансовыми посредниками. Предоставлена их правовая характеристика. Такое поло- жение вещей обусловлено преоблада...
УДОСКОНАЛЕННЯ ФУНКЦІОНУВАННЯ ІННОВАЦІЙ БАНКІВСЬКОГО РИТЕЙЛУ В УКРАЇНІ НА ПРИКЛАДІ ЗАРУБІЖНОГО ДОСВІДУ
На сучасному етапі на фінансовому ринку, в області банківського маркетингу і продажів як України, так і зарубіжних країн, відбувається справжня революція, пов’язана з розробкою і реалізацією перспективних інновацій. За д...
EUROPEAN VALUES AND TRADITIONS OF THE CLASSIC SCHOOL OF ECONOMIC SCIENCE AND THEIR DEVELOPMENT IN UKRAINIAN ECONOMIC SCIENCE
The article substantiates the role of the classical economic school in the adoption and dissemination of the fundamental principles of economic science and European economic values and traditions in the world. It has bee...