FINANCIAL EQUALIZATION OF TERRITORIAL DEVELOPMENT

In the process of budgetary regulation and financial equalization of the development of territories an important role is played by intergovernmental relations, that arise between budgets of different levels. The transfer mechanism of the distribution of budgetary resources provides a balance betwe...

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Main Authors: Iryna ANTOKHOVA, Vita BINDYU, Lilia POPEL
Format: Article
Language:English
Published: Editura Univeristatii "Stefan cel Mare" din Suceava 2018-06-01
Series:USV Annals of Economics and Public Administration
Subjects:
Online Access:http://annals.seap.usv.ro/index.php/annals/article/view/1052/905
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author Iryna ANTOKHOVA
Vita BINDYU
Lilia POPEL
author_facet Iryna ANTOKHOVA
Vita BINDYU
Lilia POPEL
author_sort Iryna ANTOKHOVA
collection DOAJ
description In the process of budgetary regulation and financial equalization of the development of territories an important role is played by intergovernmental relations, that arise between budgets of different levels. The transfer mechanism of the distribution of budgetary resources provides a balance between the revenue and expenditure part of local budgets. Implementation of fiscal decentralization improves intergovernmental fiscal relations, which is ensured by horizontal alignment of the income and expenditure part of local budgets and guarantees their financial autonomy.
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2344-3847
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spelling doaj.art-26795259ba7140d5a3ac17250318bba12022-12-22T00:35:16ZengEditura Univeristatii "Stefan cel Mare" din SuceavaUSV Annals of Economics and Public Administration2285-33322344-38472018-06-01181(27)5862FINANCIAL EQUALIZATION OF TERRITORIAL DEVELOPMENTIryna ANTOKHOVA0Vita BINDYU1Lilia POPEL2Yuriy Fedkovych Chernivtsi National University, UkrainePHEI "Bukovinsky University", UkrainePHEI "Bukovinsky University", UkraineIn the process of budgetary regulation and financial equalization of the development of territories an important role is played by intergovernmental relations, that arise between budgets of different levels. The transfer mechanism of the distribution of budgetary resources provides a balance between the revenue and expenditure part of local budgets. Implementation of fiscal decentralization improves intergovernmental fiscal relations, which is ensured by horizontal alignment of the income and expenditure part of local budgets and guarantees their financial autonomy.http://annals.seap.usv.ro/index.php/annals/article/view/1052/905financial equalizationlocal developmentbudgetary regulationfinancial decentralizationintergovernmental relationstransfer mechanismintergovernmental transfersbasic grantsreverse grantsubventionshorizontal alignment.
spellingShingle Iryna ANTOKHOVA
Vita BINDYU
Lilia POPEL
FINANCIAL EQUALIZATION OF TERRITORIAL DEVELOPMENT
USV Annals of Economics and Public Administration
financial equalization
local development
budgetary regulation
financial decentralization
intergovernmental relations
transfer mechanism
intergovernmental transfers
basic grants
reverse grant
subventions
horizontal alignment.
title FINANCIAL EQUALIZATION OF TERRITORIAL DEVELOPMENT
title_full FINANCIAL EQUALIZATION OF TERRITORIAL DEVELOPMENT
title_fullStr FINANCIAL EQUALIZATION OF TERRITORIAL DEVELOPMENT
title_full_unstemmed FINANCIAL EQUALIZATION OF TERRITORIAL DEVELOPMENT
title_short FINANCIAL EQUALIZATION OF TERRITORIAL DEVELOPMENT
title_sort financial equalization of territorial development
topic financial equalization
local development
budgetary regulation
financial decentralization
intergovernmental relations
transfer mechanism
intergovernmental transfers
basic grants
reverse grant
subventions
horizontal alignment.
url http://annals.seap.usv.ro/index.php/annals/article/view/1052/905
work_keys_str_mv AT irynaantokhova financialequalizationofterritorialdevelopment
AT vitabindyu financialequalizationofterritorialdevelopment
AT liliapopel financialequalizationofterritorialdevelopment