The budgetary mechanism of the national economic development model: Political aspects

El mecanismo presupuestario del modelo nacional de desarrollo económico: Aspectos políticos

• Nadiia Kulchytska West Ukrainian National University, Chortkiv, Ukraine. https://orcid.org/0000-0001-7847-2620
• Volodymyr Lysyuk «KROK» University, Kyiv, Ukraine. https://orcid.org/0000-0002-3805-6937

DOI: https://doi.org/10.46398/cuestpol.4178.30

Keywords: budget, economic policy, regional development, economic development, legal frameworks

Abstract

The main objective of the article was to study the legal and economic aspects of the formation of the budgetary mechanism of the national model of economic development. It is possible to ensure the dynamic processes of economic development of Ukraine only through effective regionalization, which significantly increases the requirements for the formation and use of the financial potential of the regions, which requires the development of strategic priorities for public financial management of the region as a whole. The research methodology involved the use of modern theoretical methods of analysis within the framework of dialectics. As a result of the analysis, the key aspects of the budgetary mechanism of the national model of economic development in Ukraine were characterized. It is concluded that, the study has a number of limitations in conducting a purely theoretical analysis. Further research should be devoted to the examination of digital technologies for the formation of the budget mechanism of the national model of economic development, among other aspects.

References

ABRAMOVA, Alla; SHAPOSHNYKOV, Kostiantyn; ZHAVORONOK, Artur; LIUTIKOV, Pavlo; SKVIRSKYI, Illia; LUKASHEV, Oleksandr. 2021. “Ecosystem of VAT Administration in E-Commerce: Case of the Eastern Europe Countries” In: Estudios de economía aplicada. Vol. 39, No. 5.

AREFIEVA, Olena; TULCHYNSKA, Svitlana; POPELO, Olha; AREFIEV, Serhii; TKACHENKO, Tetiana. 2021. “The Economic Security System in the Conditions of the Powers Transformation” In: IJCSNS International Journal of Computer Science and Network Security. Vol. 21, No. 7, pp. 35-42.

BURDENKO, Irina. 2011. “Financial instruments: features of their classification” In: Current economic issues. No. 4, pp. 132-141.

DERHALIUK, Marta; POPELO, Olha; TULCHYNSKA, Svitlana; MASHNENKOV, Kostyantyn; BEREZOVSKYI, Danylo. 2021. “State policy of the potential-forming space transformation in the context of the regional development intensification” In: Cuestiones Políticas. Vol. 39, No. 70, pp. 80-93.

DESIATNIUK, Oksana; MARCHENKO, Liudmyla. 2021. “Scientific and Methodological Determinants of Tax Policy in the Conditions of the National Economy Transformation” In: World of Finance. Vol. 4, No. 69, pp. 08-19.

DIGDOWISEISO, Kumba. 2022. “Is fiscal decentralization growth enhancing? A cross-country study in developing countries over the period 1990– 2014” In: Economies. Vol. 10, No. 3.

GARAFONOVA, Olga; POPELO, Olha; TULCHYNSKA, Svitlana; DERHALIUK, Marta; BEREZOVSKYI, Danylo. 2021. “Functions of public management of the regional development in the conditions of digital transformation of economy” In: Amazonia Investiga. Vol. 10, No. 43, pp. 49-58.

GRAZIANO, Paolo; HARTLAPP, Miriam. 2019. “The end of social Europe? Understanding EU social policy change” In: Journal of European Public Policy. Vol. 26, No. 10, pp. 1484-1501.

LYSIAK, Liubov; KACHULA, Svitlana; KUSHNIR, Anna; DATSENKO, Viktоriia; TERESHCHENKO, Tetiana. 2021. “Assessment of Financial Sustainability of Local Budgets in the Budget Management System Using Kohonen Maps” In: Universal Journal of Accounting and Finance. Vol. 9, No. 6, pp. 1558-1570.

MCQUESTIN, Dana; NOGUCHI, Masayoshi; DREW, Joseph. 2022. “The association between budget inaccuracy and technical efficiency in Australian local government” In: Public Money & Management. Vol. 42, No. 4, pp. 251-261.

MELNYCHUK, Natalia. 2015. Trends in financial management in France. Actual problems of modern science. Sat. Thesis. scientific works IV International. scientific-practical conf. Moscow - Budapest - Vienna, International Research Center.

NIKIFOROV, Petro; ZHAVORONOK, Artur; MARYCH, Maksym; BAK, Nataliia; MARUSIAK, Nataliia. 2022. “State policy regulation conceptual principles of public-private partnership development” In: Cuestiones Políticas. Vol. 40, No. 73, pp. 417-434.

STRYZHAK, Yevhenii; SARASKINA, Tetiana; MINCHENKO, Andrii; STRYZHAK, Iia. 2022. “Financing health care from local budgets of Ukraine and the republic of Poland” In: Wiad Lek. Vol. 75, No. 3, pp. 721-726.