СтаттяЗовнішня публікація1 липня 2017 р.

The Local Budgets in the System of Financial-Economic Management

Chugunov Оleksii I.

Анотація

The article is aimed at disclosure of the economic essence and the role of local budgets in the system of financial-economic regulation. The theoretical aspects of local budgeting system have been covered. It has been substantiated that the main challenges in the context of economic transformations are the following: improving the local budgeting system in view of European standards; applying contemporary financial-budgetary methods and instruments; creating effective incentives to ensure that local governments are motivated to increase their own income base as well as their responsibility level for the use of budgetary resources; ensuring that local budgets are adequately income-based, and improving the efficiency of use of available budgetary resources. The strategic planning of indicators of local budgets is increasingly important as a lever for the influence of local government bodies on the processes of balanced reproduction of priority sectors of the economy. One of the effective instruments for strategic planning is elaboration of a budget strategy for development of territorial units.

Класифікація

Домен

Social Sciences

Галузь

Economics, Econometrics and FinanceSocial Sciences

Підгалузь

General Economics, Econometrics and FinanceDevelopmentPolitical Science and International Relations

Тема

★Economic Issues in UkraineEconomic and Technological Developments in RussiaRegional Development and Policy

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