Transparency of local budgets and publicity of local self government in Ukraine: methodologies of evaluation and directions for their improvement
Journal Title: Економіка. Фінанси. Право - Year 2018, Vol 2, Issue
Abstract
Introduction. Creating a comprehensive system of transparency of local budgets, a mechanism for ensuring the transparency and accountability of local self-government bodies remains an urgent and important task. Purpose. The purpose of this study is to analyze existing methodologies of evaluation the transparency of local budgets and local self-government in Ukraine in order to justify the ways of their improvement in the context of increasing the efficiency and transparency of the budget process and budget management in Ukraine. To achieve the purpose set in the work, a complex of general scientific methods (analysis, synthesis, induction, deduction, abstraction) and methodical techniques (systematization, generalization, review, comparison) are used. Results. Three methodologies have been selected for analysis: the Transparency-Participation-Integrity of Local Budgets Index, the Local Government Publicity Index, and the Local Budget Transparency Index. Their benefits are: a large number of evaluation indicators and a sufficient number of valuation objects, documentation, complexity, openness, retrospective and approbation. The main drawbacks of these techniques are as follows: public participation is evaluated on individual issues, but a separate index is not calculated; the control of local budgets is left out of the attention of the methodologies; innovative components are not sufficiently substantiated. Conclusion. The expediency of the using of the Open Budget Index developed by the International Budget Partnership, adapted according to the peculiarities of Ukrainian legislation, was substantiated. Accordingly, the introduction of the Local Budget Management Transparency Index was proposed, the components of which should be: the local budgets transparency index; the local self-government bodies transparency index; the local public participation index; the control (audit, supervision) of local budgets and local self-government bodies index. The use of indicators for evaluating the transparency of budget management in the proposed format will allow the formation of a system of indicators consistent with international standards, which will ensure the comparability of information, its accessibility and comprehensiveness for a wide range of users.
Authors and Affiliations
Oleksandr Volodymyrovych Horbunov
Keywords
Related Articles
- EP ID EP529324
- DOI -
- Views 50
- Downloads 0
Constitutional nature of the president’s veto
The article deals with the peculiarities of the legal nature of the veto of the head of state in the context of their systemic relationship with the constitutional and legal status of the President of Ukraine. The advanc...
Integration of Ukraine into the world market of crypto capital
The article is devoted to research of the possibilities jf integration Ukraine into the global market of the crypto capital. The prospects of the state to become an important player in this market due to the opportunity...
Development of human resources in providing competitiveness of employees and the enterprise
The article investigates the role and significance of the development of human resource competences in improving the enterprise activity effectiveness. The analysis of the relevant problems in training and development of...
The world’s experience of institutional investor’s functioning
The article is devoted todefining the content and substance of the institutional investor’s functioning in different countries of the world. Certain types of institutional investors and their functioning. The role and me...
Actual scientific approaches to support health care in the light of social development
In the article, on the basis of analysis of scientific sources, the main directions of ensuring effective health care are taken out taking into account the tendencies of sustainable social development. The theoretical an...