BUSINESS INFORM №11-2016

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Section: Finance, Money Circulation and Credit
UDC 336.02
Rekova N. Y., Chystyuhyna Y. A.
The Formations of Imperatives of the Concept of Fiscal Decentralization in Ukraine (p. 235 - 240)
The article is concerned with substantiation of imperatives of the fiscal decentralization in Ukraine, taking into consideration determinants of its contemporary politico-economic development. For determinants of the economic development of Ukraine, given its current economic and political situation, it appears practicable to apply imperatives of concept of the fiscal decentralization of the first generation, taking account of the provisions of theories of the fiscal decentralization, aimed at economic growth of the State through the institutional framework. It has been proven that for Ukraine in the context of decentralization of power is necessary to unite the efforts aimed at: achieving the macroeconomic stabilization; resolving the political and ethnic inter-regional conflicts; raising the level of competence of the public officials; reducing the risk of corruption and opportunistic conduct at various levels of Government while maintaining control over the State expenditures and inter-budgetary transfers; enhancing the responsibility of the local self-government bodies for the development of territorial entities. The successful implementation of the fiscal decentralization in Ukraine requires a comprehensive institutional framework which should be the prospect for further research.
Keywords: imperatives, concept, fiscal decentralization, economic growth, institutional support
Fig.: 1. Bibl.: 22.

Rekova Natalia Yu. – Doctor of Sciences (Economics), Professor, Professor, Department of Business Economy, Donbass State Academy of Machine Building (72 Akademichna Str., Kramatorsk, Donetsk region, 84313, Ukraine)
Email: [email protected]
Chystyuhyna Yulia A. – Postgraduate Student, Donbass State Academy of Machine Building (72 Akademichna Str., Kramatorsk, Donetsk region, 84313, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Rekova, Natalia Yu., and Chystyuhyna, Yulia A. (2016) “The Formations of Imperatives of the Concept of Fiscal Decentralization in Ukraine.” Business Inform 11:235–240.

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