State and prospects of development of financial decentralization in Ukraine

The article analyzes the current problems of the formation of local budgets and systematizes proposals on the prospects of financial decentralization in the context of the need for reforming the power system in Ukraine. The priority directions of the management of public finances are defined: substa...

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Bibliographic Details
Date:2018
Main Authors: Byvshev, R., Voloshyna, О.
Format: Article
Language:English
Published: Інститут економіки промисловості НАН України 2018
Series:Економічний вісник Донбасу
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Online Access:http://dspace.nbuv.gov.ua/handle/123456789/150161
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Journal Title:Digital Library of Periodicals of National Academy of Sciences of Ukraine
Cite this:State and prospects of development of financial decentralization in Ukraine / R. Byvshev, О. Voloshyna // Економічний вісник Донбасу. — 2018. — № 4 (54). — С. 120-125. — Бібліогр.: 14 назв. — англ.

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Digital Library of Periodicals of National Academy of Sciences of Ukraine
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Summary:The article analyzes the current problems of the formation of local budgets and systematizes proposals on the prospects of financial decentralization in the context of the need for reforming the power system in Ukraine. The priority directions of the management of public finances are defined: substantiated formation, transparent distribution and redistribution and effective use, which will promote effective management of budgetary funds in the country. It is proved that the improvement of the legal and institutional framework of the system of intergovernmental financing will contribute to the implementation of effective budget reforms.