Financial Decentralization as Direction of Increase Financial Independence of Local Budgets

Authors: Y. Petlenko, PhD (Economics), Assoc. Prof., ORCID iD 0000-0001-5984-5145; V. Milanchenko, economist, Taras Shevchenko National University of Kyiv, Kyiv, Ukraine

Annotation: The article is sanctified to determination of basic tendencies and estimation of efficiency of financial decentralization in Ukraine. Preconditions and different forms financial decentralization, which are constituent of process the government management sent to the increase of financial independence local government from central government. 

The estimation of efficiency financial decentralization is carried out with the aim of determination mechanisms accumulation financial resources for providing of financial independence regions.

Key words: efficiency, financial decentralization, is local.

Recei ved: 13/07/ 2020
1st Revision: 03/08/2020
Accepted: 28/08/ 2020

DOI: https://doi.org/10.17721/1728-2667.2020/210-3/6

References

1. Bʹûkenen Dž. M. Sočineniâ, 1997. Konstituciâ èkonomičeskoj politiki. Rasčëtsoglasiâ. Granicy svobody [Composition. Constitution
of economic politics. Borders of freedom.]. Moskva. Taurus Alʹfa.
2. Arrow K. J.,1951. Social Choice and Individual Values : monograph. New York : Wiley. 99 p. Avaible at: <cowles.yale.edu/sites/default/
files/files/pub/mon/m12-all.pdf>.
3. Mitnick B. M., 1973. Fiduciary Rationality and Public Policy : The Theory of Agency and Some Consequences. New Orleans : The
American Political Science Association. 39 p.
4. Ross S. A., 1973. The economic theory of agency : The principals problem. The American Economic Review. Vol. 63, No 2. R. 134-
139. Avaible at: <www.jstor.org/stable/1817064>.
5. Braun J., Grote U., 2000. Does Decentralization Serve the Poor? IMF-conference on fiscal decentralization. Washington. 20-
21 november 2000. Washington. 31 p.
6. Kaiser K., 2006. Decentralization Reforms. Analyzing the Distributional Impact of Reforms. Washington,. P. 313-354. Avaible at:
<siteresources.worldbank.org/INTPSIA/Resources/4900231120845825946/3622-06_Ch06.pdf>.
7. Varnalii Z., Demydenko L., Nakonechna Y. And Miedviedkova N.,2019. Lessons from fiscal decentralization in Ukraine. Globalization
& Business. No 7. pp. 73-78.
8. Demydenko L. M. , Nakonechna Yu. L., 2015. Fiskalna detsentralizatsiia: nimetskyi dosvid ta ukrainski realii [Fiscal decentralization:
German experience and Ukrainian realities]. Visnyk Kyivskoho natsionalnoho universytetu im. Tarasa Shevchenka. Ekonomika, no. 2(167).
pp. 49-54.
9. Slukhai S., Demydenko L., Nakonechna Y. and Borshchenko T., 2019. The Principle of Transparency in the Ukrainian Decentralisation
Reform. Central European Public Administration Review. Vol. 17, No 2. R. 141-166. doi:10.17573/cepar.2019.2.07
10. Petlenko Y. V., 2013. Tax system modernization: efficiency, equity, and simplicity. Svitovi tendentsii ta perspektyvy rozvytku finansovoi
systemy Ukrainy, Proceedings of the X International scient. pract. conf., Taras Shevchenko national university of Kyiv, October 24-25 2013. Kyiv, pp. 265-270.
11. Bondaruk T. H., Bondaruk I. S. and Bondaruk O. S., 2016. Perevahy, pozytyvni naslidky ta ryzyky biudzhetnoi detsentralizatsii [Advantages, positive consequences and risks of budgetary decentralization]. Naukovyi visnyk Natsionalnoi akademii statystyky, obliku ta
audytu. Ekonomika ta upravlinnia, no.3. pp. 38-47.
12. Bondaruk T. H., Vinnytska O. A., 2018. Otsinka stanu detsentralizatsii mistsevykh biudzhetiv Ukrainy [Estimation of the state decentralization local budgets in Ukraine]. Ekonomika Ukrainy, no 7(680). pp. 59-75.
13. Borynets S. Ya., Chekanovskyi V. P., 2017. Modernizatsiia biudzhetnoi systemy Ukrainy v umovakh detsentralizatsii finansovykh
resursiv [Modernisation of the budgetary system of Ukraine in the conditions of decentralization of financial resources]. Stalyi rozvytok
ekonomiky : zb. nauk. Prats, no. 3. pp. 195-202.
14. Vozniak H. V., 2017. Fiscal policy of socio-economic development of regions of Ukraine in the conditions of financial decentralization.
Ec. D. Thesis, 08.00.08. Kyiv.
15. Vozniak H. V., 2015. Perevahy ta ryzyky biudzhetnoi detsentralizatsii: teoretyko-metodolohichni aspekty [Advantages and risks of
budgetary decentralization : theory methodological aspects]. Problemy ekonomiky. no 2. pp. 253-257.
16. Lyutyy I., Pidchosa L. and Pidchosa O., 2019. Decentralization Of Inter-Budget Relations : Theory, Practice, And International Experience. Baltic Journal of Economic Studies. Vol. 5, No 4. pp. 182-196.doi: 0.30525/2256-0742/2019-5-4-182-196
17. Kosikowski C., Ruskowski E., 2006. Finanse publiczne i prawo finansowe: pom. nauk. 2 wyd. Warszawa: Wolters Kluwer.
18. Bezverkhniuk T. M., 2009. System of the resource providing of regional management : conceptual principles of development and
mechanisms functioning. Abstract of Ec. D. dissertation. Zaporizhzhia, 2009.
19. V. P. Vyshnevskyi andothersed., 2016.Reformuvannia systemy mistsevykh finansiv na zasadakh fiskalnoi detsentralizatsii: teoriia,
yevropeiskyi dosvid ta vitchyzniana praktyka [Reformation of the system of local finances on principles fiscal decentralization : theory, European experience and home practice]. Kramatorsk: TOV “Kramatorska typohrafiia”.
20. Maslov A. O., Hladkovska A. T., 2019. Sutnist, typy, formy, mozhlyvosti i zahrozy detsentralizatsii [Essence, types, forms, possibilities
and threats of decentralization. Effective economy]. Efektyvna ekonomika, [online] no. 2. Available at: <economy.nayka.com.ua/?n=2&y=2019>.
21. Dolzhenko I. I., 2014. Rozvytok biudzhetnoi detsentralizatsii v Ukraini [Development of budgetary decentralization is in Ukraine].
Naukovyi visnyk Natsionalnoho universytetu bioresursiv i pryrodokorystuvannia Ukrainy. Ekonomika, ahrarnyi menedzhment, biznes, issue. 200(3). pp. 188-195.
22. Ruskowski E., Salachna J., 2007. Finanse lokalne po akcesji. 2 wyd. Warszawa: Wolters Kluwer. 41 p.
23. Forcun І. V., Futurnyi P. V. 2016. Financially-budgetary decentralization is the European choice of Ukraine. Innovative decisions are
in modern science. № 8. URL: http://naukajournal.org/index.php/ISMSD/article/view/987.
24. Shpak Y. V. 2017. A role of process of decentralization is in strengthening of the financial providing of steady economic development of the incorporated territorial communities. State administration: improvement and development. № 11. URL: http://dy.nayka.com.ua/?op=1&z=1160.
25. Budgetary code of Ukraine: Law of Ukraine from 08.07.2010 р. № 2456-VI. Lists of Verkhovna Rada of Ukraine, 2010. № 50-51.
С. 572.
26. About making alteration in the Budgetary code of Ukraine: Law of Ukraine from 15.04.2014 р. № 1210-VII. Lists of Verkhovna Rada
of Ukraine, 2014. № 26. С. 893.
27. About making alteration in the Budgetary code of Ukraine in relation to reform of interbudgetary relations : Law of Ukraine from
28.12.2014 р. № 79-VIII. Lists of Verkhovna Rada of Ukraine, 2015. № 12. С. 76.
28. Implementation State, Erected and local budgets. Accounting of Government treasury service of Ukraine. URL: http://www.treasury.gov.ua/main/uk/doccatalog/list?currDir=146477.
29. Gross domestic product: Government service statistics of Ukraine. URL: http://www.ukrstat.gov.ua/operativ/operativ2019/vvp/vvp_kv/vvp_kv _u/vvpf_kv2019u.htmF

Download