Fiscal Policy at the State and Local Levels

2021 ◽

Author(s):

Fedir Tkachyk

Keyword(s):

Fiscal Policy ◽

Organizational Support ◽

Fiscal Federalism ◽

Good Governance ◽

Legal Aspects ◽

The State ◽

The European Union ◽

Tax Autonomy ◽

State And Local ◽

Local Levels

The article focuses on the need to study the current state of theoretical and organizational support of fiscal policy. Factors influencing the effectiveness of fiscal policy at the state and local levels are outlined. It is established that the imperfection of fiscal policy creates barriers to the activation of investment and innovation activities in local communities and the state. The normative and legal aspects of harmonization of fiscal policy in the European Union are considered. There are two areas of unification of local taxes and fees in Ukraine: the implementation of the principles of good governance in the field of taxation, the harmonization of the structure of the tax system based on the concepts of direct and indirect taxation. In the article emphasis is placed on the priority of fiscal federalism or decentralization in Ukrainian realities. The essential determinants of the fiscal policy of the state and the region have been identified. The key objectives of regional fiscal policy should be to guarantee financial independence and ensure the ability of the administrative unit's economy to develop itself. The tax potential of local budgets in Ukraine is analyzed. As a result, a low level of budgetary and tax autonomy of territorial communities has been established. In this regard, it is important to focus efforts on combating the spread and minimizing the effects of coronavirus disease (COVID-19) for individuals of fiscal policy. The need to increase the financial capacity of the amalgamated territorial communities has been identified. Guidelines for improving the organizational and legal support of fiscal policy in terms of intensification of Ukraine's European integration aspirations are proposed. It is argued that fiscal policy in Ukraine should be a catalyst for the development of priority sectors of the economy, innovation processes, investment activities in the regions, energy saving and environmentally friendly technologies, educational and scientific processes, digitalization of management at the state and local levels in the administration of taxes, fees, payments.

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Combating human trafficking at the state and local levels

PsycEXTRA Dataset ◽

10.1037/e534662009-003 ◽

2009 ◽

Author(s):

Karen J. Bachar

Keyword(s):

Human Trafficking ◽

The State ◽

State And Local ◽

Local Levels

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International relations for the dental profession at the state and local levels

The Journal of the American Dental Association ◽

10.14219/jada.archive.1967.0210 ◽

1967 ◽

Vol 75 (1) ◽

pp. 179-182

Author(s):

Maynard K. Hine

Keyword(s):

International Relations ◽

The State ◽

Dental Profession ◽

State And Local ◽

Local Levels

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Transparency of Public and Local Finances: Foreign Experience

Mechanism of an economic regulation ◽

10.21272/mer.2020.89.02 ◽

2020 ◽

pp. 18-30

Author(s):

INNA O. SHKOLNYK ◽

NATALIIA G. VYHOVSKA ◽

YULIIA S. HAVRYSH ◽

ANDRII O. IVANCHENKO

Keyword(s):

Fiscal Policy ◽

The State ◽

Budget Process ◽

State Budget ◽

Public Authorities ◽

Public Finances ◽

Information Portal ◽

Foreign Experience ◽

The Republic ◽

State And Local

In modern conditions, the role of transparency of both public and local finances is growing significantly, which is a tool to increase the efficiency of financial resources, which confirms the analysis of Ukrainian and foreign studies. In Ukraine, the level of transparency is improving every year and as of 2019 is assessed by international organizations as the minimum allowable. At the same time, the level of transparency of local budgets differs significantly in different regions. To improve the situation and implement best practices in the field of transparency of public finances at both the state and local levels, it is important to analyze the foreign experience of those countries that are leaders in ratings of transparency of public authorities and transparency of the budget process. The paper analyzes the experience of the Office of the Public Accountant of Texas (USA), the Treasury of New Zealand, and the Treasury of the Republic of South Africa, which according to the open budget rating provided by the International Budget Partnership are among the 10 most transparent countries. Analysis of the content of the information portal of the Texas Public Accounts Controller Office showed a separate section “Transparency” with a detailed presentation of information in terms of key blocks of revenues and expenditures, state budget and finances, information on the formation and use of funds in all localities, information on budget deficit as well as information on transparency at the level of individual settlements, school districts, etc. A comparative analysis with the state of transparency of Ukrainian government agencies responsible for the development and implementation of fiscal policy and identifies weaknesses and strengths in terms of their transparency. It is established that the openness of the process of using public finances in Ukraine is gradually increasing, while the positions in the world transparency rating are also improving. However, the conceptual difference between building sites in the countries analyzed is that they report to taxpayers in a form that is accessible to them, rather than simply covering available information without comment or explanation. Keywords: open budget, participation, public finances, rating, fiscal policy.

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