scholarly journals STATE BUDGET OF UKRAINE AND CURRENT PROBLEMS OF ITS FUNCTIONING

2020 ◽  
Vol 11 (87) ◽  
Author(s):  
Lyubov Petyk ◽  
◽  
Vasylyna Ihnatyshyna ◽  
Uliana Skydan ◽  
◽  
...  
Keyword(s):  
Economic Development ◽  
The State ◽  
Public Expenditures ◽  
State Budget ◽  
Economic Relations ◽  
Macroeconomic Imbalances ◽  
Modern Development ◽  
Financial Plan ◽  
Sovereign Defaults ◽  
The Stability

A significant place in the social and economic development of each country belongs to the problems of the budget, because the budget belongs to the sphere of public life that directly affects the interests of all members of society. The budget of any country reflects the important economic, social and political problems of the state and each person in particular. At the same time, the successful solution of budget problems is possible only if a proper understanding of its essence, role and place in the system of economic relations. For any country, the state budget is the main link in the financial system. As part of this system, it combines the main financial categories: income and expenditure of the country, the tax system, public credit, public debt in their closest coexistence. The budget as a financial plan of public expenditures and sources of their coverage plays an important role in the activities of the state. It determines its capabilities and development priorities, its role and forms of implementation of the functions assigned to it. It is an effective regulator of that economy reflects the amount of financial resources required by the state, determines specific areas of use of funds, directs the financial activities of the state. The peculiarity of the budget as a financial plan is that it has the force of law. The legislative nature of the budget provides appropriate conditions for monitoring the use of budget funds and strengthening its impact on the efficiency of social production. Financial imbalances as an objectively existing reality are an integral determinant of modern development, and the form of their manifestation is the crisis phenomena, which in retrospect of global development have repeatedly led to sovereign defaults. At the present stage in Ukraine the problem of analysis of factors and components of economic growth is quite acute in order to level the main macroeconomic imbalances and imbalances and stabilize further economic development. This article considers the main problems of imbalance of the state budget of Ukraine, analyzes the objective and subjective factors of revenue and expenditure of the State Budget of Ukraine. The essence of the concept of "state budget" is highlighted. The article examines the problems of imbalance of the state budget. The statistical data of expenditures and revenues of the state budget of Ukraine for 2019-2020 are analyzed. Ways to improve the balance of the state budget are proposed. It is considered that it is rather difficult to ensure equality of revenue and expenditure parts of the budget. It can be achieved if we constantly restrain the growth of government spending and establish a level of taxation in the country that will be sufficient to generate income to cover public needs. It is investigated that an important factor in the stability of the budget system is the balance of local budgets.

scholarly journals LEGAL MEANS AND INSTRUMENTS OF REGULATION ECONOMIC RELATIONS IN UKRAINE

2021 ◽  
pp. 45-50
Author(s):  
I.S. Pyroha ◽  
S.S. Pyroha
Keyword(s):  
Economic Development ◽  
Exchange Rate ◽  
Budget Deficit ◽  
Domestic Market ◽  
The State ◽  
Main Element ◽  
State Budget ◽  
Economic Relations ◽  
The Exchange Rate ◽  
The Stability

The paper investigates the most optimal forms and methods of legal influence on public relations in the field of economics. The absence of the main element of the economic mechanism – competition requires a proper assessment of the causes of existing problems, the right choice and the optimal set of means of influencing economic relations in order to accelerate the socio-economic development of Ukraine. Among the numerous legal problems of state regulation of the socio-economic sphere, two are identified, which are interdependent – ensuring the stability of the hryvnia exchange rate and increasing the share of goods of own production in the domestic market. To ensure the stability of the hryvnia exchange rate, the need to fix it for a long time with the establishment of an allowable range of fluctuations, in which the exchange rate changes in both directions with equal probability, is substantiated. The devaluation of the exchange rate should not be planned in the State Budget and used as a way to hide its actual deficit. The real budget deficit should be determined by the sum of the percentage of hryvnia devaluation and the percentage of the planned direct budget deficit. The hryvnia exchange rate should not be fixed in the State Budget, as such a provision of the law releases the National Bank of Ukraine from the constitutional obligation to ensure the stability of the hryvnia exchange rate provided for in Art. 99 of the Constitution of Ukraine. The means of maintaining a stable hryvnia exchange rate is to increase the share of goods / services of own production in the domestic market and to reach the minimum critical level of 50% within one or two years. To assess the achieved level, it is not necessary to use statistical indicators, but only the actual amounts of VAT contributed to the budget received from the sale of goods / services. Achieving the proposed level involves the transition to innovation and investment model of economic development. Two own sources of investment are proposed – the introduction of a new tax on exported capital and the forced legalization of capital exported from Ukraine earlier.

IMPACT OF GOVERNMENT DEBT ON FINANCIAL SECURITY OF UKRAINE

2017 ◽  
Author(s):  
Olena Pikaliuk ◽  
◽  
Dmitry Kovalenko ◽  
Keyword(s):  
Economic Development ◽  
Public Debt ◽  
Positive Impact ◽  
The State ◽  
Financial Security ◽  
State Budget ◽  
The Public ◽  
Debt Security ◽  
The Stability ◽  
The Impact

One of the main criteria for economic development is the size of the public debt and its dynamics. The article considers the impact of public debt on the financial security of Ukraine. The views of scientists on the essence of public debt and financial security of the state are substantiated. An analysis of the dynamics and structure of public debt of Ukraine for 2014-2019. It is proved that one of the main criteria for economic development is the size of public debt and its dynamics. State budget deficit, attracting and using loans to cover it have led to the formation and significant growth of public debt in Ukraine. The volume of public debt indicates an increase in the debt security of the state, which is a component of financial security. Therefore, the issue of the impact of public debt on the financial security of Ukraine is becoming increasingly relevant. The constant growth and large amounts of debt make it necessary to study it, which will have a positive impact on economic processes that will ensure the stability of the financial system and enhance its security.

scholarly journals PROBLEMS OF UNBALANCED STATE BUDGET OF UKRAINE: ANALYSIS OF OBJECTIVE AND SUBJECTIVE FACTORS OF BUDGET REVENUE AND EXPENDITURE

2020 ◽  
Vol 11 (87) ◽  
Author(s):  
Oksana Zahidna ◽  
◽  
Vasylyna Ignatyshyna ◽  
Uliana Skydan ◽  
◽  
...  
Keyword(s):  
Foreign Trade ◽  
The State ◽  
Public Expenditures ◽  
Present Stage ◽  
State Budget ◽  
Economic Relations ◽  
Successful Solution ◽  
The Social ◽  
Social And Economic Development ◽  
The Impact

A significant place in the social and economic development of each country belongs to the problems of the budget, because the budget belongs to the sphere of public life that directly affects the interests of all members of society. The budget of any country reflects the important economic, social and political problems of the state and each person in particular. At the same time, the successful solution of budget problems is possible only if a proper understanding of its essence, role and place in the system of economic relations. For any country, the state budget is the main link in the financial system. As part of this system, it combines the main financial categories: income and expenditure of the country, the tax system, public credit, public debt in their closest coexistence. The budget as a financial plan of public expenditures and sources of their coverage plays an important role in the activities of the state. It determines its capabilities and development priorities, its role and forms of implementation of the functions assigned to it. It is an effective regulator of that economy reflects the amount of financial resources required by the state, determines specific areas of use of funds, directs the financial activities of the state. The article analyzes and defines the essence of revenues and expenditures of the state budget. The state and dynamics of state budget revenues and budget expenditures are studied. A comparison of state budget revenues and expenditures was made and it was investigated that expenditures significantly exceed revenues, and therefore the state budget is in deficit. The factors of formation of revenues and expenditures of the state budget at the present stage are determined. The dynamics of GDP growth rates and state revenues are analyzed budget, as well as the impact of GDP on the state budget. The peculiarities of the influence of the foreign trade factor on the revenues and expenditures of the state budget are determined. The influence and shares of exports and imports in the state budget revenues are studied. The current problems of imbalance of the state budget and the causes of the state budget deficit are identified. Ways to balance revenues and expenditures at the present stage are proposed. The dynamics of indicators of export and import of Ukraine is analyzed. The problems of Ukraine 's foreign trade at the present stage are investigated and perspective directions of improvement of the existing state of the export – import policy of the state are determined.

scholarly journals Monitoring of cash execution of the state budget during the implementation of national projects and the choice of economic development directions

2021 ◽  
pp. 134-140
Author(s):  
I. I. Chebyshev
Keyword(s):  
Economic Development ◽  
Federal Budget ◽  
The State ◽  
Public Expenditures ◽  
State Budget ◽  
Specific Factors ◽  
Financial Monitoring ◽  
Budget Execution

The article emphasizes the importance of financial monitoring as an element of control over the implementation of national projects and, in particular, cash execution. The paper carries out the analysis of monitoring of the federal budget execution in terms of budget allocations for the implementation of national projects for the first half of 2019. The study reveals trends of cash execution. The author identifies a lag in the rate of execution of expenditures for the implementation of national projects from expenditures that are not related to national projects. The article studies the structure of federal budget expenditures and identifies the specifics that affect the lag in the pace of implementation of public expenditures. The paper gives the list of specific factors that have an impact on the backlog in the implementation of the federal budget. The author considers the areas for development and the necessary further actions to eliminate the identified problems.

scholarly journals Mechanism of Increasing the Sustainability of Socio-economic Development of Regions with Using GIS-technologies

2019 ◽  
Vol 8 (4) ◽  
pp. 84-93 ◽  
Author(s):  
O. Y. Smyslova ◽  
P. V. Stroyev ◽  
N. N. Nesterova
Keyword(s):  
Economic Development ◽  
Spatial Development ◽  
The State ◽  
Business And Society ◽  
Geoinformation System ◽  
Geoinformation Systems ◽  
Economic Relations ◽  
Gis Technologies ◽  
Socio Economic Development ◽  
The Stability

The purpose of the work is to develop a mechanism for increasing the socio-economic development sustainability of the region based on the application of modern GIS technologies. The subject of this work is the organizational and economic relations that arise in the process of constructing a geoinformation system for modeling the spatial development of territories. This system is aimed at achieving sustainable economic growth in the region. The methods of empirical research (observation, comparison, collection and study of information), methods of current and prospective analysis and theoretical and practical material synthesis were used in the work. The article analyzes the available publications on the issues of regional sustainable development, which allowed to conclude of necessity to introduce modern geoinformation systems for the operational collection, processing and analysis of primary information on indicators of socio-economic development of the territories. The developed mechanism for increasing the sustainability of the socio-economic development of the region using geo-information systems includes three conceptual blocks: creation and functioning of a regional GIS-center with constant fi of databases and updating of operating systems; geoinformation system of macroeconomic and spatial territory development data analysis; modeling of regional development taking into account individual features of the territory and targets for sustainable socio-economic development. This mechanism is designed to increase the stability of the socio-economic development of the region, by taking into consideration the balance of interests of the state, business and society. This will ensure a non-decreasing rate of opportunity growth to meet the needs of present and future generations who live in the given territory and the preservation of the environment. The proposed mechanism for increasing the stability of spatial development of regions on the basis of geoinfrational technologies is a tool for improving the management system in the framework of implementing the state and regional economic policy of spatial development of Russia. The use of geoinformation systems in the development of measures to increase the sustainable socio-economic development of the region contributes to improving the quality of the complex system state analysis. It contributes to the solution of practical problems in allocating resources or analyzing the effectiveness of their deployment. It also contributes to the implementation of the strategic planning principles using digital technologies and to ensure the timeliness of the decisions made in the field under investigation.

Transformation of Scientific Approaches to the Practice of Regulating the Socio-Economic Development of a Region

2018 ◽  
Vol 11 (4) ◽  
pp. 102-110
Author(s):  
N. P. Molchanova
Keyword(s):  
Economic Development ◽  
Regional Economy ◽  
Historical Context ◽  
Scientific Discipline ◽  
State Regulation ◽  
The State ◽  
Economic Relations ◽  
Current Period ◽  
Socio Economic Development ◽  
Legislative Framework

The paper deals with the methodology and practice of the state regulation of the regional economy based on the legislative framework and works of Russian scientists in the historical context with account for the specifics of the current period of market transformation. The subject of research is organizational and economic relations, aimed at improving the management efficiency of regional socio-economic development. The purpose of research was to identify the key problems of the regional economy regulation preventing the balanced functioning of administrative-territorial entities and substantiate the need to boost measures of state support. Based on the dialectical cognition method and the system approach, the positions of leading scientists and scientific schools on topical issues of the regional economy as a scientific discipline were analyzed, which made it possible to identify the main reasons hampering socio-economic transformations and justify measures for running a more active regional policy. It is concluded that consistent improvement of methodological and organizational approaches creates prerequisites for improving the results of the socio-economic development at the regional level; however, in the current situation of the macroeconomic instability serious problems may arise to be resolved primarily by the state regulation.

Effectiveness of Tax Policy of Ukraine: Evidence and Economy Implications

2020 ◽  
pp. 124-131
Author(s):  
Olena P. Slavkova ◽  
Oksana I Zhilinska ◽  
Maksym Palienko
Keyword(s):  
Economic Development ◽  
Tax Evasion ◽  
Tax Policy ◽  
The State ◽  
State Budget ◽  
Advantages And Disadvantages ◽  
State Tax ◽  
State And Local ◽  
Tax Payments

The article deals with the peculiarities of the formation and implementation of tax policy in the country. The analysis of change of tax receipts to the state and local budgets is carried out. The role of tax payments in the economic development of the country is determined. The efficiency of the state tax policy in Ukraine is analyzed, its advantages and disadvantages are determined. The important role of tax payments in stimulating economic and social development is substantiated. The analysis of the elasticity of change of indicators of economic development of the country from the change of volume of tax receipts to the budget is carried out. The necessity of improving the existing policy of establishing, accrual, payment, and distribution of tax revenues as one of the most promising areas to stimulate economic growth is concluded. Keywords: tax policy, revenues, tax evasion, state budget, elasticity, economic development

scholarly journals ORGANIZATIONAL AND ECONOMIC MEASURES OF TOURISM DEVELOPMENT ON THE EXAMPLE OF THE AVANGARD UNITED TERRITORIAL COMMUNITY OF ODESSA REGION

2019 ◽  
Vol 11 (3) ◽  
Author(s):  
Dobrianskа N. ◽  
Nikoliuk O. ◽  
Lebedieva V.
Keyword(s):  
Economic Development ◽  
Tourism Development ◽  
The State ◽  
Competitive Advantages ◽  
Development Trends ◽  
Social And Economic Development ◽  
Financial Plan ◽  
The Future ◽  
Tourism Resources ◽  
The Creation

The article has analyzed the dynamics of the creation of the united territorial communities (UTC) inthe Odessa region and Ukraine, the state and development trends of the tourism resources market in theOdessa region were studied, and the main problems of tourism development were identified, the SWOT m atrix – the analysis of the tourism activities of the united territorial community was built, strengths and weaknesses, opportunities and threats of further social and economic development of the society were identified,the main competitive advantages of the territorial community were identified, the dynamics of the development of the tourism infrastructure of the united territorial community were investigated, a one-day touristroute for the united territorial community - “I love you Avangard” was worked out, strategic directions for thedevelopment of the tourism business were identified, a financial plan for the development of the united territorial community of the future for the implementation of strategic areas of tourism was proposed.

scholarly journals IDENTIFICATION OF THREATS TO THE CUSTOMS SECURITY OF THE STATE

2019 ◽  
pp. 37-52
Author(s):  
Olga ZAMASLO ◽  
Oleg PIDKHOMNYI ◽  
Marta PETYK
Keyword(s):  
The State ◽  
Point Of View ◽  
Information Support ◽  
State Budget ◽  
Economic Relations ◽  
International Economic Cooperation ◽  
Control Procedures ◽  
Security Indicators ◽  
Customs Administration ◽  
The Impact

Introduction. The rapid revitalization of integration processes worldwide, the strengthening of international economic cooperation, the intensification of export-import operations increase the impact of the customs system on the state of the national economy. Therefore, there is an urgent need to use effective mechanisms of blocking and elimination of factors that undermine the customs of customs in order to comprehensively evaluate the effectiveness of the customs system and improve the level of customs security of the state. Purpose is assessing Ukraine’s customs security indicators and identification of sources of customs danger, clarification of the role and assessment of fiscal efficiency of customs authorities in ensuring the customs security of the state, development of recommendations on elimination of the main customs threats in the context of minimization of customs risks in the context of conflict of interests of individual participants of foreign economic relations. Results. The essence of the customs security of the state is revealed, the sources and threats to the customs security are identified. The importance of the indicators of the customs security of Ukraine through the prism of the customs load on the economy of the country and the efficiency of the activity of the customs authorities during 2009–2018 are analyzed. At the same time, it should be noted that the dependence of the state budget on 2/5 of the amount of customs payments is a separate risk from the point of view of the financial security of the state. It is established that the system of customs control, first of all, is characterized by qualitative output parameters, which for the most part are outside the direct jurisdiction of the customs authorities, but which directly affect the effectiveness of the customs administration in practice. The subjective factors influencing the efficiency of the customs administration are the level of information and technical support and the procedure for the organization of customs control procedures, time spent on customs clearance of goods, the establishment of communication relations between the customs relations, the level of qualification of employees and the knowledge and observance of all participants of the FEA and customs clearance procedures. It is confirmed that the main criteria for assessing the customs security of the state should be the completeness of payment of customs duties and the frequency of detection of cases of customs offenses. VAT reimbursement for bogus exports. The customs security of the state is closely related to the customs security of the subjects of foreign economic activity when crossing the goods across the customs border and is determined by the level of well-established interaction of all subjects of customs relations. Conclusion. Proposals for implementation of priority measures in the system of improving the customs security of Ukraine are substantiated and they include coordination of actions of all state bodies on the implementation of customs control in order to eliminate the corruption component during the passage of customs and border clearance, modernization of information support and communication between employees of the customs authorities and entities activities

scholarly journals Influence of household finance on stability of public finances

2018 ◽  
Keyword(s):  
Public Finance ◽  
Social Protection ◽  
Household Finance ◽  
The State ◽  
State Budget ◽  
Financial Flows ◽  
Public Finances ◽  
Social Sphere ◽  
The Social ◽  
The Stability

The relevance of the study is determined by theoretical definition of the essence and specification of the components of the subsystems of public finances, which allowed us reveal the need for studying the role of household finance in public finances, which have a direct connection with the state budget, local budgets and funds of social importance. As a subject of public finance, households, through participation in the formation and use of public finance, can influence the stability of this category. Analysing profitable part of the state budget, namely stake of payments from the profits of householders in a budget, and considering their personal interest in a social sphere, it was their public interest that unites interests of the state and private is certain. Due to the fact that almost a third of the expenditures of the consolidated budget is allocated for social protection and security, and one of the public finance subsystems is fully owned by non-state social funds, financial flows that are defined and guaranteed by the state for all citizens and personify public interests were considered. The analysis of the expenditures of the state and local budgets determined that the expenses on the social protection of pensioners and the social protection of the family, children and young people are of the greatest interest, and they are directly related to the finances of households. Using the indicator of the stability of public finances, articles on social protection were examined, and it was determined which areas could adversely affect the sustainability of public finances. Social protection of the retired people refers to the area with a negative impact on public finances. The obtained results require further studies of the relationship of the social sphere with household finance, which will make it possible to determine the instruments of influence and regulation in the sphere of public finances.

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