Fiscal and Debt Policy of Ukrainian Municipalities: Shift of Priorities
Journal Title: Бізнес Інформ - Year 2015, Vol 4, Issue 0
Abstract
Statistical data on the local finance as a part of the government sector of Ukraine have been generalized, an integrated estimate of their current state has been given, dynamics of development and structure of the sector have been considered. Systemic nature of scarcity of local budgets has been proven. An attempt was made to an integrated scientific substantiation of the necessity and feasibility of local loans as an alternative source of financing. Shift of priorities in fiscal and debt policies of the municipalities of Ukraine has been proposed. Positive aspects of subnational borrowing as a driver of regional economic development has been emphasized.
Authors and Affiliations
Nataliia Syniutka
Keywords
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