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Budget Regulation in Ukraine: Regulatory and Legislative Provision and Stages of Formation

Author

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  • Kovalenko Nataliia I.

    (Kyiv National Economic University named after. V. Getman)

Abstract

Analysis of theoretical concepts of budget regulation of a number of scientists allowed drawing a conclusion that, despite significant differences of views and opinions, practically all of them envisage participation of the state in managing economy. Strengthening of the regulatory function of the state is topical under modern conditions. In spite of the fact that aggravation of crisis phenomena result in a necessity to search for new levers of economy regulation, it is extremely important to study in more detail formation and development of the budget regulation in Ukraine. Namely this system not only mobilises a certain volume of financial resources, but also uses them effectively, taking into account the current needs of economy and strategic tasks of further development. The article offers periodisation of the process of budget regulation in Ukraine, considers characteristic features of each stage and provides a review of specific instruments of budget regulation.

Suggested Citation

  • Kovalenko Nataliia I., 2013. "Budget Regulation in Ukraine: Regulatory and Legislative Provision and Stages of Formation," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 4, pages 394-399.
  • Handle: RePEc:idp:bizinf:y:2013:i:4:p:394_399
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