Conceptual framework for the budgeting mechanism of the state’s social and economic development
Journal Title: Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu - Year 2017, Vol 1, Issue
Abstract
The article considers some approaches of domestic and foreign scholars to the interpretation of the concept of state’s budgeting mechanism. It involves the following: a set of types, forms, methods and means through which the state establishes budgetary relations; a number of forms, methods, instruments and tools of budgeting process and using budget resources; a practical model of implementation of the state budget policy; a set of tools and methods for government regulation of social and economic development of the state. It is proposed to interpret a budgeting mechanism of the state’s socio-economic development as a set of financial forms, methods, tools, and instruments which ensure a broad range of distribution and redistribution processes; the formation and use of a centralized fund of monetary resources; functioning of the budget system in general and implementation of the budget policy aimed at socio-economic development of the state. The budgeting mechanism of the state’s socio-economic development is viewed through ontological considerations. Taking into account some peculiarities of budgetary relations, two components are highlighted: the mechanism of budgeting process and the mechanism of using budget resources. It is found that the key aspects of functioning and the role of budgeting mechanism in regulating social and economic processes depend on a combination of elements of both components: methods, forms, tools and instruments. Similiarities and differences of financial and budgeting mechanisms of the state are outlined, which provide grounds for interpreting the budgeting mechanism as a special type of financial mechanisms.
Authors and Affiliations
Vasyl’ Demianyshyn, Zoriana Lobodina
Keywords
Related Articles
- EP ID EP305245
- DOI -
- Views 101
- Downloads 0
Features of forming a free trade zone in North America
The theoretical concepts of international integration development and features of different forms the international integration unions creation were onsidered. For more details features of free trade area (FTA) formation...
Analysis of dissertations addressing issues of accounting, analysis, and audit of intangible assets in Ukraine
The paper presents an analysis of dissertations defended in Ukraine during the years 1998-2018 in specialty 08.00.09 (08.06.04) “Accounting, analysis, and audit (by types of economic activity)”, in which issues of accoun...
Entrepreneurship at the national and regional service markets in Ukraine: modern trends and development factors
The article discusses problem of entrepreneurship in the business services sector. There is defined categorical apparatus using which there has been conducted scientific research on entrepreneurship development at the na...
International practices of using the cluster approach for the development of integration processes
The research paper considers the existing approaches to defining the essence of clusterization and clusters in foreign economies, and presents the analysis of conditions leading to the emergence and development of indust...
Methodological principles for organization of monitoring in enterprises of natural recourse extraction
The purpose of the research paper is to provide theoretical rationale for the methodology and organization of monitoring in branches of natural recourse extraction and processing. The main tasks of internal control and m...