The Methodological Bases of Budget Policy
| Autor: | Kaneva Tetiana V., Shapoval Maryna S. |
|---|---|
| Jazyk: | English<br />Russian<br />Ukrainian |
| Rok vydání: | 2019 |
| Předmět: | |
| Zdroj: | Bìznes Inform, Vol 6, Iss 497, Pp 217-226 (2019) |
| Druh dokumentu: | article |
| ISSN: | 2222-4459 2311-116X |
| DOI: | 10.32983/2222-4459-2019-6-218-226 |
| Popis: | The methodological bases of formation and implementation of budget policy in the countries with developed and transformational economies are disclosed, taking into account their level of development, peculiarities of institutional composition, and cyclicality. It is defined that the stimulating effect of budget policy on the processes of socio-economic development in the form of accelerated growth of intellectual and physical capital can be found only in the case of a rational scientific substantiation of procedures and ways of implementation of budget policy. The theoretic-applied provisions on the budget regulation are systematized and generalized. The basic principles of formation of budget policy include: scientific validity, systematicity and consistency, institutional certainty, adaptability, transparency. The need to improve institutional provision for the system of public finance management is substantiated. The role of both the medium- and the forward-looking budget planning and forecasting in the sustainable economic growth is defined. The institutional limitations to the implementation of the relevant practices are substantiated. The conceptual bases of improving the budget policy in the context of improving the level of public well-being are determinated. The need for institutional transformation of the budget doctrine of the State is specified. |
| Databáze: | Directory of Open Access Journals |
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