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BUSINESS INFORM №11-2017

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53

Section: Finance, Money Circulation and Credit
UDC 332:336.1
Pidkhomnyi O. M., Zhurba O. Y.
The Prospects of Modernization of the Mechanism for Budgetary Regulation of the Socio-Economic Development of Lviv City (p. 346 - 354)

The socio-economic development of country and its individual territories depends on the efficiency of both accumulation and allocation of financial resources, which is determined by the effectiveness of budget process. Therefore the purpose of the article is theoretical and practical substantiation of prospects for modernization of the mechanism for budgetary regulation of the socio-economic development on the example of Lviv. Features and the main instruments of budgetary regulation of the socio-economic development of the city were researched. The efficiency of allocation and accumulation of budgetary funds, including through tax policy and the inter-budget transfers, was analyzed. Tendencies of changes of indicators of the socio-economic condition of Lviv and influence on them of three main elements of the budget regulation mechanism have been determined. Shortcomings of the existing mechanism for budgetary regulation of socio-economic development of the city have been defined, prospective directions of its modernization have been suggested.
Keywords: mechanism for budgetary regulation, socio-economic development, income and expenditure of budget, local budget, taxes, inter-budget transfers.
Fig.: 4. Tabl.: 4. Bibl.: 9.

Pidkhomnyi Oleg M. – Doctor of Sciences (Economics), Associate Professor, Professor, Department of Finance, Monetary Circulation and Credit, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)
Email: [email protected]
Zhurba Orest Yu. – Postgraduate Student, Department of Finance, Monetary Circulation and Credit, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Pidkhomnyi, Oleg M., and Zhurba, Orest Yu. (2017) “The Prospects of Modernization of the Mechanism for Budgetary Regulation of the Socio-Economic Development of Lviv City.” Business Inform 11:346–354.


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