Features of the mechanism of decentralized management of local mineral deposits’ national fund at their extraction
Journal Title: Регіональна Економіка - Year 2017, Vol 85, Issue 3
Abstract
In this article the organizational-economic mechanism of decentralized management of local mineral deposits’ national fund at their extraction is offered. Features of this mechanism, which includes capitalization of the mining rent with the subsequent transformation into securities (shares) of those mining enterprises, which are mining the minerals located at the territory of these communities are disclosed. It is specified, that such approach to decentralization of authority concerning management of national fund of local mineral deposits maintains sustainable development of this community, and also its practical implementation does not require introduction of any changes and additions into the current legislation, which regulates mining relations in the sphere of the subsoil use. Besides, the article suggests the mechanism of hedging of local territorial communities’ financial risks by development of local mineral deposits at their territory.
Authors and Affiliations
Volodymyr V. Matyukha, Olena M. Suhina
Keywords
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- EP ID EP433585
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