Features of forming the investment needs of local governments

Author(s):  
Zenoviy Siryk

The paper researches some aspects of regulative maintenance of investment activity in Ukraine and at the level of territories (on the example of Lviv) in the condition of reforming local governments. The author suggests his interpretation of “an investment capacity of a territorial community”. The specifics of managing the investment activity of territories is outlined, and the groups of needs of local governments, the realization of which is the ground for territorial communities’ activity, are defined. The sources of funding of local governments’ investment needs are characterized. The scheme of balancing investment needs and investment opportunities (sources) as a component of management of a territory’s investment activity is suggested. The conditions of securing positive consequences of the process are examined. The analysis of directions of state support of economic and social development of territories in 2020 shows that regional development programs are funded at 12.7%, while other social, environmental, and innovative directions – at a level less than 5%. The paper emphasizes the need of local governments to independently search for ways to implement socio-cultural projects by efficient use of their investment resources and capacity. For a general analysis of investment activity, the investment in the socio-economic development of Lvivska oblast in 2017-2019 is analyzed. The growing volumes of capital investment and the prevailing share of investment in the purchase of machines and equipment are emphasized. The conclusion on insufficient growth of rural areas’ capacity is made. The problems in the attraction of investment in the economies of cities and consolidated territorial communities are defined. The solution of these problems will contribute to the implementation of new approaches to investment activity at the territories of local communities from the viewpoint of the need to secure their financial capacity and sustainable development of settlements.

Author(s):  
D. Chudy-Hyski ◽  
Michał Żemła

Mountain areas in Poland constitute a special territory with respect to physico-geographical, economic and social aspects. There are specific environmental, economic and cultural conditions, which on one hand restrain and on the other provide chances of these areas development. Environmental conditions involve higher economic costs mainly in agriculture but also in other fields, such as construction or transportation. Other characteristics of these areas include landscape values which just through development of tourism can at least partially recompense the local communities the limited opportunities of gaining incomes. Thus increasing the competitiveness of the tourism product of mountain areas in line with principles of sustainable development remains among the basic topics concerned by local, regional and national authorities, when dealing with socio-economic development of those areas.In order that an individual commune may use tourism as a driving force for local socio-economic development, in the first place there must be conditions favourable for practising various forms of tourism (bases for starting and then intensifying the tourist movement are necessary prerequisites), secondly opportunities must be opened up for creating various enterprises connected with tourism and providing services for tourists, and capable of meeting increased needs of local communities. Conditions (factors) determining mountain communes predisposition for undertaking and realisation of development through tourism may be either of external or internal character.A detailed analysis was conducted in the paper only on the internal conditions. These conditions were analysed considering their diversified character, which was presented as identification of partial conditions, i.e. infrastructural, economic, environmental (natural and anthropogenic) and social conditions characterised by individual diagnostic features.


Author(s):  
Sarmite Rozentale ◽  
Aigars Andersons

The study aims to determine the main indicators of rural smart development concept for territorial development analysis and decision-making in Vidzeme region (Latvia). In the framework of the study the theoretical literature and planning documents were analysed, focusing on the indicators of rural areas and sustainable development. For a long time the development was associated primarily with the economic growth - GDP, employment and income growth. In recent years, the economic dimension is supplemented with social, environmental, cultural and political aspects. A holistic approach interprets close relations and balanced integration between the economic, social, political, ecological and cultural dimensions of local and regional development. Such approach requires the search for new indicators that describe the development of rural areas and are directly relevant to each individual area. The results present that in the development of Vidzeme smart specialization, the local governments and the state has the greatest impact. It is most affected by the local government's capacity to develop cooperation with residents and entrepreneurs, and a stable and sustainable economic situation in the country.


Author(s):  
B. S. Huzar ◽  
◽  
О. М. Trus

European and world experience testifies that the major element of reform of decentralization in Ukraine is reformation of local selfgovernment, creation of capable territorial communities, that must be able to satisfy the necessities related to the vital functions of habitants of settlements, and also properly to provide realization of their rights. The input of new mechanism of the budgetary adjusting changed the system of total balancing of all local budgets on the horizontal smoothing of taxability of territories depending on the level of receivabless on one habitant. The significant amount of budgetary facilities remains in the complete order of local authorities. Reform of interbudgetary relations stimulates territorial communities more effective to fill the estimates, become self-sufficient and carefully plan the charges. The local government independently decides on which needs spend budgetary funds, which is especially important for the development of united territorial communities. The article examines the essence of budget decentralization, its role and place in the development of united territorial communities. An assessment and analysis of budgetary decentralization in Ukraine has been carried out. The features of the introduction of budgetary decentralization in Ukraine are investigated, the main factors influencing the income and expenditures of local budgets are determined. Implementation of the decentralization reform, which has been ongoing in Ukraine for six years, includes a set of sectoral reforms, in particular, the reform of the administrative-territorial structure and the system of local self-government, and See also fiscal legislation. One of the key objectives of the reform is the voluntary unification of territorial communities and the formation of capable administrative-territorial units of the basic level. Thanks to the introduction of inter-municipal cooperation, the communities were able to consolidate their efforts and to implement common projects. In particular, 1354 territorial communities have signed 604 cooperation agreements. That is, the process of decentralization continues, they believed in it, and the resistance of opponents is being overcome. First, the reform of financial decentralization, local budget revenues show positive dynamics: in 2014 their volume was UAH 80.2 billion, then over six years, own revenues to the general fund of local budgets has increased by UAH 209.9 billion. and represented in 2020 UAH 290.1 billion. Total receipts from the general and special funds for this period increased by UAH 210.2 billion. This is a real instrument of influence on the achievement of results and responsibility for the trust of communities. The basis for the growth of revenues of local budgets was laid thanks to the changes adopted in 2015 to the Budget and Tax Codes of Ukraine regarding the transfer of additional budgetary powers to local governments and the consolidation of stable sources of income for their implementation. Financial decentralization in Ukraine has significantly accelerated the dynamics of investment activity. An important positive result of the reform of interbudgetary relations is the annual increase in investment resources of local budgets. After a sharp decline in investment activity in 2014, the volume of capital investments amounted to UAH 5.9 billion, while in 2020 their volume amounted to UAH 43.6 billion. On the average capital investments from local budgets in Ukraine for the years under study has increased by UAH 33.4 billion, the capital investment growth index was 7.39. Further implementation of the reform of budgetary decentralization and ensuring the effectiveness of the mechanism of budgetary regulation of socio-economic development requires expanding the rights of local authorities, strengthening their budgetary independence and determining their responsibility.


Author(s):  
Iryna Storonyanska ◽  
Andrii Dub ◽  
Oryslava Grafska ◽  
Iryna Hrynchyshyn ◽  
Olha Bilanyuk ◽  
...  

Purpose. The purpose of our work is to investigate the presence of tourist infrastructure elements to ensure a comfortable stay of tourists in tourist destinations, which can become a driver of the development of local communities, especially in rural areas; investigation of financial support for tourism development by local governments. A derivative task of our study is to identify challenges and prospects of tourism infrastructure in tourist destinations after the pandemic. Methodology / approach. The theoretical basis of the study is the fundamental principles of economics and the scientific research of Ukrainian and foreign scientists. For the analysis, we used data from the official web resources of local governments of Ukrainian local communities with tourist potential, information from the Booking.com and the Internet about tourist facilities and events in local communities. During the research we used the following methods: analytical (to select tourist destinations for analysis, their grouping and analysis of their tourist infrastructure); comparison (to compare the tourist infrastructure in the local communities that were the object of our study); synthesis (to conclude the general state of tourist infrastructure in tourist destinations and prospects for its development in the future), graphic (for visualization of study results). Results. The study highlights five elements of tourist infrastructure of the most popular tourist destinations in Ukraine: travel services, transportation services, accommodation services for temporary residence, catering services, services for the organization of recreation and entertainment. We analysed the state of functioning of the tourist infrastructure in the tourist destinations of Ukraine before the introduction of lockdown. The results of the analysis showed that only four out of five elements of the tourist infrastructure were at the proper level. We described the challenges of the tourism industry, which had arisen as a result of the epidemic. In conclusion, we considered the prospects for the attitude and development of tourist infrastructure in the local communities of Ukraine after the pandemic. Originality / scientific novelty. During the study for the first time, we selected the most popular tourist destinations in Ukraine which in 2019 received the highest revenues from tourist tax as an indicator of the official stay of tourists, we grouped them according to their dominant type of tourism and researched their tourist infrastructure. We compared the revenues from the tourist tax with the expenditures of local communities for the development of tourism and found that local communities received much more money from the tourist tax than they had spent on the development and promotion of tourism. Practical value / implications. We show the characteristic features of the development of the tourism sector in the post-quarantine period, which can be used by local governments and businesses of tourist destinations when planning the development of tourist infrastructure.


2016 ◽  
pp. 632-645
Author(s):  
Collence Takaingenhamo Chisita ◽  
Ismail Abdullahi

In both developed and developing countries culture, tradition and technology are key issues that affect the dialogue relating to how the three elements can be integrated in socio-economic development programs. This chapter examines the extent to culture and technology has an influence in the integration of technology in socio-economic development in Africa. It also inquires about the extent to which technology influences culture and traditions in developed countries. Furthermore, it scrutinizes the degree to which culture and traditions are receptive to the integration of technology within the socio-economic fabric of the society. The chapter concludes that school libraries should develop a curriculum that is relevant to the information needs of the community, especially those in rural areas. It is imperative to engage communities in developing programs that help to elevate communities without compromising on fundamental and internationally recognized standards. If local conditions are taken into cognizance programs to integrate culture, tradition and technology will be successful.


Author(s):  
Collence Takaingenhamo Chisita ◽  
Ismail Abdullahi

In both developed and developing countries culture, tradition and technology are key issues that affect the dialogue relating to how the three elements can be integrated in socio-economic development programs. This chapter examines the extent to culture and technology has an influence in the integration of technology in socio-economic development in Africa. It also inquires about the extent to which technology influences culture and traditions in developed countries. Furthermore, it scrutinizes the degree to which culture and traditions are receptive to the integration of technology within the socio-economic fabric of the society. The chapter concludes that school libraries should develop a curriculum that is relevant to the information needs of the community, especially those in rural areas. It is imperative to engage communities in developing programs that help to elevate communities without compromising on fundamental and internationally recognized standards. If local conditions are taken into cognizance programs to integrate culture, tradition and technology will be successful.


2020 ◽  
Vol 75 (4) ◽  
pp. 81-98
Author(s):  
O. L. Popova ◽  
◽  
◽  

The author revealed the injustices in the territories formation of the united territorial communities (UTC) under the local self-government reform, which are manifested in different, uneven volumes of their land use and the resource basis in general for local socio-economic development. The methodological approach used by the authorities in determining the capacity of united communities in their formation (in terms of compliance with the criteria – the area and the population density), led to the fact that in rural areas with low population density they had to form large UTCs to reach specific parameters by population. The hypothesis that territorially large UTCs are capable is ambiguous: on the one hand, land tenure and land use is a resource for socio-economic development of communities, on the other – in a large area the cost of providing essential services to the population in remote villages increases together with the administrative and other costs. Paper proves that large-scale rural UTCs should become objects of the state support as the “rural areas in unfavourable conditions” under the State Strategy for Regional Development for 2021–2027. The author justifies injustices in the centralization of powers on disposal of land resources. The land decentralization as a transfer of relevant powers to UTC local governments will be finally completed, according to the Decree of the President of Ukraine “On some measures to accelerate reforms in the field of land relations” № 449 from 15.10.2020, which will contribute to orderliness in this area and filling local budgets. It is also advisable within the UTCs to give internal communities the right to dispose of their economic territory’s land resources in these communities’ interests. The paper shows discriminatory aspects of administrative reformatting of 120 voluntarily formed and functioning UTCs, according to the Government’s long-term plans for 2020: by recognizing them as insufficiently capable, they should join other communities or unite into larger UTCs.


2020 ◽  
Vol 5 (2) ◽  
Author(s):  
George W. WHITE ◽  
Robert H. WLATRE

Rural areas in South Dakota have been experiencing population decline over the last forty years. This has reduced tax revenues of small town and cities, in turn reducing the abilities of local governments to provide services. The concurrent rise in federal monies and federal policies has caused many local communities to reterritorialize into planning districts that are quasi-government in nature. These planning districts bring together the resources and talents of local communities to obtain much needed federal monies through grants. This is an examination of this process and its effects within South Dakota.


Author(s):  
R. Grabovsky ◽  
M. Dorosh-Kizym ◽  
M. Dorosh ◽  
R. Dudyak

For a long time the issue of socio-economic development of rural areas, which have their characteristics, has not lost its relevance but also is united by common unsolvable problems that restrict their development in Ukraine. The socio-economic decline of the village can not only reduce economic performance in agriculture but will also have a negative impact on depopulation, environmental deterioration, reduce the efficiency of natural resources, as well as the destruction of the cultural environment. The article presents the results of a study of the socio-economic situation in rural areas, analysis of economic and environmental indicators of the use of agricultural resources in the production of crop and livestock products in villages by different categories of producers. The publication provides information on the profitability of production in agricultural formations from 2010 to 2020. It has been established that the reason for the lack of growth in production in households is the irrational and economically unjustified use of resources and the lack of modern technologies. The publication also reveals the trends in the production output of livestock and crop production by different categories of producers. The indicators of production profitability were analyzed by agricultural enterprises during 2010-2020. The ways and means of improving the situation of using the natural resources by private agricultural enterprises, increasing economic indicators in the rural sector, and increasing production in agricultural enterprises are given. The results of the previous research show the possibilities and prospects for the implementation of the economic potential of rural areas based on the efficient and economically structured governance on the given territories. In addition, in modern realities, there may be an inflow to the mainstream of the investment climate due to the process of decentralization of the local government, receiving investment in the community, and, the increasing of the economy as a result. The research has shown that the development of social and economic infrastructure depends on investment activity.


2017 ◽  
Vol 1 (2) ◽  
pp. 134
Author(s):  
Masashi Tachikawa ◽  
Kiyohiko Sakamoto

Japanese agriculture has been going through a drastic change especially in terms of the number of farmers today. Modernization of agricultural structure, which had been pursued for many years by the government, seems to be suddenly realized through a large scale retirement of elder farmers. The advancing structural change in farming, especially consolidation of farming into fewer agricultural entities, raises a concern that rural community people are completely detached from farming per se. This concern leads our study to analyze the relationship between large-scale farming entities and local communities, which were once closely tied. In order to understand the nature and change of the relationship, we have focused on a Japanese farm competition and try to elucidate how the “desirability” of farms have evolved over time, and try to draw implications for the above-mentioned relationship. Our examinations of selection criteria of agricultural competitions, where advanced farmers seek to be awarded as the “best” farmers, reveal that the criteria have evolved from simpler ones to highly complex ones. More specifically, in an early era (the 1960s), farmers competing there are expected to have almost solely technical skills, whereas more recent criteria dictate that farmers should make social contribution to local communities. This indicates that goodness or “desirability” for advanced farmers has also gone through substantial changes. Farming entities are now not only to survive market competitions, but also to confront and deal with complex local demands to play roles that used to be fulfilled by local governments faced with declining budgets from the state government. The fact that Japanese cutting-edge farmers are expected to play substantial roles to sustain local communities seems to resonate with discourses extolled by neoliberalism penetrating into rural areas across the world. That is, rural actors are supposed to be entrepreneurial, efficient, and competitive in market principles, and simultaneously required to make contradictory commitments to sustain local communities.


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