BUSINESS INFORM №5-2013

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19

Section: Regional Economy
UDC 332.12
Boronos V. G.
Taking into Account Impact of Shadow Economy upon the Level of Financial Development of the Region (p. 113 - 118)
The article considers specific features of taking into account the shadow sector of economy when assessing financial possibilities of the region. It analyses main components of the financial potential of the territory: financial potential of local authorities, enterprises, households, financial intermediaries, export and import potential, all-state financial potential and investment potential. It justifies a necessity of formation of an efficient mechanism of assessment of gross and net financial potential of the region. It offers to use correction factors that allow finding the level of financial potential with consideration of hidden (shadow) financial flows and also determining prospective levels of financial potential. On the basis of duplicate financial flows the article conducts comparison of calculation of net and gross financial potential of the region.
Keywords: formation, optimisation, financial potential, shadow economy, regional development
Fig.: 1. Tabl.: 3. Bibl.: 8.

Boronos Viktoriya G. – Doctor of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance and Credit, Sumy State University (2 Mykoly Sumtsova Str., Sumy, 40007, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Boronos, Viktoriya G. (2013) “Taking into Account Impact of Shadow Economy upon the Level of Financial Development of the Region.” Business Inform 5:113–118.

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