THE THEORY AND PRACTICE OF ASSESSMENT OF FISCAL DECENTRALIZATION LEVEL
Journal Title: ЕКОНОМІЧНИЙ ДИСКУРС - Year 2017, Vol 1, Issue 3
Abstract
Introduction. Nowadays, modern world wide tendencies of countries fiscal systems’ reformation are to solve the problem of achieving the optimal balance of income and expense authorization between central state and local governments, to form financial self-sufficiency of local government and to improve the system of intergovernmental transfers. A construction of an effective model of fiscal decentralization promotes stable socio-economic development. The quality of social services and the level of citizens’ welfare depend on the level of financial assurance and fiscal independence of local budgets, that can be achieved through a rational state finances’ management. Methods. Methodological basis of the article is represented by a complex of general scientific methods of theoretical (study and analysis of the latest researches and published works; usage of synergistic approach for social phenomena and factors) and empirical (synthesis, observation, study and generalization of certain practical experience) levels. The methods of comparative analysis, generalization, statistical techniques, graphical and tabular methods are used to assess the dynamics of income and expense of Ukraine’s united state and local budgets and their structure; to define the level of fiscal decentralization in Ukraine and in the countries of European Union. Processing of statistical data, analysis of the factors that influence their dynamics were done with the help of statistical and analytical methods. The basis of the analysis is statistical indicators of government agencies of Ukraine and international intergovernmental organizations. Results. The author suggests an indicator system of fiscal decentralization in the article, mainly two indicator groups: the first one is indicators of fiscal decentralization, that are defined on the basis of budgets’ income analysis; the second one is indicators, that are calculated with the help of statistical data about budgets’ expenses. A number of indicators is of universal international nature and can be used for comparison of decentralization levels of state finances’ management systems among different countries. The article reveals a process and summaries of assessment of fiscal decentralization level in Ukraine and the countries of European Union. An advanced statistical and analytical analysis of income and expense authorization among different levels of Ukraine’s budget system was done with the help of suggested indicator system of fiscal decentralization. Discussion. The key extension mechanisms of fiscal decentralization in Ukraine and the strengthening of financial selfsufficiency of local government are suggested and substantiated in the article.
Authors and Affiliations
Tatyana Paliichuk
Keywords
Related Articles
- EP ID EP318687
- DOI -
- Views 89
- Downloads 0
SOCIO-ECONOMIC PRECONDITIONS OF LEADERSHIP IN ENTERPRISES OF RESTAURANT AND HOTEL BUSINESS
Introduction. An aggravation of the problems of the development of enterprises in the restaurant industry has been in recent years. This is primarily due to a number of problems associated with the inefficient use of int...
ECONOMIC-MATHEMATICAL MANAGEMENT MODEL IN THE SYSTEM OF SOIL CONTAMINATION REGULATION
Introduction. Economic and mathematical modeling is an effective tool for increasing the efficiency of economic interaction between government agencies and economic entities regarding the land use and protection of land...
FORMATION OF BANKING SYSTEM REGIONAL POLICY OF UKRAINE IN THE CONTEXT OF NATIONAL AND REGIONAL LEVELS SUBSIDIARITY
Introduction. Asymmetry of economic development and banking systems updates the necessity for the development of conceptual principles of the regional policy of the banking system of Ukraine through the prism of subsidia...
ORGANIZATIONAL AND TECHNOLOGICAL IMPROVEMENT OF PRODUCTION FUNCTION OF HOUSEHOLDS IN THE SECTOR OF MILK PRODUCTION OF UKRAINE
Introduction. The subject of the article is substantiation of the organizational and technological improvement of the production function of households in the sector of milk production in Ukraine. The significance of the...
THE CURRENT STATE OF THE FINANCIAL MARKET OF UKRAINE AND WAYS OF ITS IMPROVEMENT
Introduction. Implementation of the vast majority of economic relations between market participants is due to intermediaries that solve problems of the financial services market. There are processes of service delivery t...