BUSINESS INFORM №9-2018

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Section: Finance, Money Circulation and Credit
UDC 336.1
Hladkova O. V., Svynarenko T. I.
The Budget Security of Region as a Factor of Its Sustainable Socio-Economic Development (p. 174 - 181)
The article is aimed at defining the essence and current status of regional budget security of regions. The existing approaches to the definition of «budget security» are considered; the authors’ point of view on understanding of this concept is presented. On the basis of the related theoretical review, a definition of the concept of «budget security of region» is suggested as financial autonomy of a territorial unit, which would provide local authorities with autonomy in the formation and distribution of financial resources in order to implement the functions assigned to them. The authors analyzed the current status of the budget security of regions of Ukraine for 2014–2016. It is concluded that the budget security of regions of the country should be strengthened by forming an effective budget policy and the corresponding budgetary mechanism, while taking into consideration the modern normative-legal provision.
Keywords: budget security of region, incomes of local budgets, expenditures of local budgets, indicators of budget security of local budgets, reform of local self-government.
Fig.: 1. Tabl.: 5. Bibl.: 16.

Hladkova Olha V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Management, Economics and Quality Assurance in Pharmacy, National Pharmaceutical University (53 Pushkіnska Str., Kharkіv, 61002, Ukraine)
Email: [email protected]
Svynarenko Tetyana I. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Banking and Entrepreneurship, 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:
Hladkova, Olha V., and Svynarenko, Tetyana I. (2018) “The Budget Security of Region as a Factor of Its Sustainable Socio-Economic Development.” Business Inform 9:174–181.

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