The Benefits and Risks of the Budget Decentralization: Theoretical and Methodological Aspects
Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 2
Abstract
The paper clarifies the essence of the "budget decentralization" and suggests the author’s vision of the concept. The benefits and risks of the implementation of budget decentralization at the regional level have been systematized. Their characteristics from the position of macroeconomic regulation of socio-economic processes have been presented. In the result of the research it has been proposed that the reform of local self-government and territorial organization of administration in terms of accretion of the power of local self-government bodies on the formation and use of budgetary resources should be carried out taking into account the advantages/disadvantages of the budget decentralization, the determination of necessary and sufficient level of its implementation as well as the degree of readiness of the central government and society to such changes.
Authors and Affiliations
Halyna Voznyak
Keywords
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