Foreign Models of Financial Equalization, Prospects for Implementation in Ukraine
The article is aimed to identify the models of financial equalization applied in foreign countries, and to substantiate the possibilities for use of foreign experience in terms of financial equalization or individual elements of such models on the territory of Ukraine, for taking into considerati...
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2015-09-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | http://www.business-inform.net/_inc/kachka_pdf.php?year=2015&volume=9_0&pages=43_54&abstract=2015_09_0%27))%20{return%20false} |
| _version_ | 1818369300924203008 |
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| author | Piontko Nataliia B. |
| author_facet | Piontko Nataliia B. |
| author_sort | Piontko Nataliia B. |
| collection | DOAJ |
| description | The article is aimed to identify the models of financial equalization applied in
foreign countries, and to substantiate the possibilities for use of foreign experience
in terms of financial equalization or individual elements of such models
on the territory of Ukraine, for taking into consideration the foreign tools
of financial equalization in the context of the State regional policy reforms
is a priority and urgent task of the present day. During the generalization
and systematization of scientific works by numerous domestic and foreign
scientists, models of financial equalization, depending on the form of state
structure in the country, have been identified. Determinants of the necessity
of financial equalization were analyzed, such as: the imbalance between the
own financial security and the level of assigned tasks; the level of fiscal decentralization.
Methods of income and expenditures equalization, applied in
vertical or horizontal levels for balancing regional development, have been
substantiated. Features of expansion of financial security of budgets by using
innovative tools for equalization have been determined. A comparison of the
models of financial equalization in foreign countries was made and the major
tasks for improving the mechanism and organization of financial equalization
of budgets in Ukraine were defined. Prospects for further research in this area
are diversification of tools for financial equalization, defining the investment
component in the structure of budgets' incomes and studying the activities of
sub-central authorities in the financial market |
| first_indexed | 2024-12-13T23:21:40Z |
| format | Article |
| id | doaj.art-4f50e094e31f4201a2d904c96a715d08 |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2222-4459 |
| language | English |
| last_indexed | 2024-12-13T23:21:40Z |
| publishDate | 2015-09-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-4f50e094e31f4201a2d904c96a715d082022-12-21T23:27:43ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592222-44592015-09-014354Foreign Models of Financial Equalization, Prospects for Implementation in UkrainePiontko Nataliia B.0Academy of Finance Financial Management Research Institute the Ministry of FinanceThe article is aimed to identify the models of financial equalization applied in foreign countries, and to substantiate the possibilities for use of foreign experience in terms of financial equalization or individual elements of such models on the territory of Ukraine, for taking into consideration the foreign tools of financial equalization in the context of the State regional policy reforms is a priority and urgent task of the present day. During the generalization and systematization of scientific works by numerous domestic and foreign scientists, models of financial equalization, depending on the form of state structure in the country, have been identified. Determinants of the necessity of financial equalization were analyzed, such as: the imbalance between the own financial security and the level of assigned tasks; the level of fiscal decentralization. Methods of income and expenditures equalization, applied in vertical or horizontal levels for balancing regional development, have been substantiated. Features of expansion of financial security of budgets by using innovative tools for equalization have been determined. A comparison of the models of financial equalization in foreign countries was made and the major tasks for improving the mechanism and organization of financial equalization of budgets in Ukraine were defined. Prospects for further research in this area are diversification of tools for financial equalization, defining the investment component in the structure of budgets' incomes and studying the activities of sub-central authorities in the financial markethttp://www.business-inform.net/_inc/kachka_pdf.php?year=2015&volume=9_0&pages=43_54&abstract=2015_09_0%27))%20{return%20false}financial equalizationform of state structurefiscal decentralizationbudget imbalanceform of financial equalizationinter-budget transfer |
| spellingShingle | Piontko Nataliia B. Foreign Models of Financial Equalization, Prospects for Implementation in Ukraine Bìznes Inform financial equalization form of state structure fiscal decentralization budget imbalance form of financial equalization inter-budget transfer |
| title | Foreign Models of Financial Equalization, Prospects for Implementation in Ukraine |
| title_full | Foreign Models of Financial Equalization, Prospects for Implementation in Ukraine |
| title_fullStr | Foreign Models of Financial Equalization, Prospects for Implementation in Ukraine |
| title_full_unstemmed | Foreign Models of Financial Equalization, Prospects for Implementation in Ukraine |
| title_short | Foreign Models of Financial Equalization, Prospects for Implementation in Ukraine |
| title_sort | foreign models of financial equalization prospects for implementation in ukraine |
| topic | financial equalization form of state structure fiscal decentralization budget imbalance form of financial equalization inter-budget transfer |
| url | http://www.business-inform.net/_inc/kachka_pdf.php?year=2015&volume=9_0&pages=43_54&abstract=2015_09_0%27))%20{return%20false} |
| work_keys_str_mv | AT piontkonataliiab foreignmodelsoffinancialequalizationprospectsforimplementationinukraine |