Conceptual Grounds of Financial Provision of Realisation of the Regional Policy
Journal Title: Бізнес Інформ - Year 2014, Vol 4, Issue 0
Abstract
The goal of the article is development of conceptual grounds of financial provision of the regional policy and determination of financial mechanisms of its realisation. The article offers theoretical and methodical approaches to financial provision of the modern regional policy: it formulates new principles of financial provision of regulation of regional development, identifies criteria of assessment of effectiveness of impact of the financial policy on development of the regional socio-economic system. It considers structure of financial resources, which form financial provision of the region. It notes that efficiency of financial provision of regional policy is directly identified by the structure of sources of financing of the socio-economic development of the region. Growth of stability and security of the financial system of the region is possible under condition of growth of the share of personal income and reduction of dependence on external sources of financing. In accordance with the results of the conducted studies the authors form their own concept of financial provision of realisation of the policy of regional development. The prospect of further studies in this direction is improvement of the mechanism of financial provision of regional policy in the direction of its correspondence with modern challenges of socio-economic development of the region.
Authors and Affiliations
Maria Badida, Inna Zhuk
Keywords
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