Food Industry Economics

ISSN-print: 2411-4111
ISSN-online: 2312-847X
ISO: 26324:2012
Архiви

FINANCIAL INSTRUMENTS FOR PROVISION OF SUSTAINABLE ECONOMIC GROWTH OF TERRITORIAL DEVELOPMENTS

##plugins.themes.bootstrap3.article.main##

L. Vasytynska
G. Nemchenko

Анотація

The problems of formation of revenues of local budgets are investigated in the article. It has been established that significant centralization has affected the reduction of financial independence of local selfgovernment bodies. Changes in the management of local budgets caused by the introduction of a decentralized model encourage local self-government bodies to attract additional financial resources and form a certain economic potential. The feasibility of introducing a public-private partnership through the application of
different methods and tools based on the form of interaction of project participants is substantiated. Such
cooperation requires the organization of complex, mixed private-public structures that can provide largescale infrastructure projects with resources. The advantages of project financing of economic development of
territories in the framework of public-private partnership (PPP) are revealed.
In order to ensure the financial attractiveness of projects implemented on the basis of public private
partnership and aimed at ensuring the sustainable economic development of regions, it is recommended to
use organizational models such as DBFO (Design, Build, Finance, Operate) and DBO (Design, Build, Operate).

Ключові слова:
revenues of local budgets, local self-government bodies, public-private partnership, financial decentralization, financial resources.

##plugins.themes.bootstrap3.article.details##

Як цитувати
Vasytynska, L., & Nemchenko, G. (2018). FINANCIAL INSTRUMENTS FOR PROVISION OF SUSTAINABLE ECONOMIC GROWTH OF TERRITORIAL DEVELOPMENTS. Food Industry Economics, 10(2). https://doi.org/10.15673/fie.v10i2.964
Розділ
Фінансово-кредитні відносини
Біографії авторів

L. Vasytynska, Odessa National Economic University Preobrazhenska str., 8 , Odessa, Ukraine, 65082

Ph.D., Associate Professor
Department of Finance

G. Nemchenko, Odessa National Academy of Food Technologies Kanatna str., 1 1 2, Odesa, Ukraine, 65039

Assistant
Department of Management of Business

Посилання

1 . Derzhavna kaznacheiska sluzhby Ukrainy. Veb-portal. (2018). Retrieved from http://www.treasury.gov.ua.

2. Biudzhetnyi kodeks Ukrainy vid 08.07.2010 № 2456-VI : Za stanom na 01 .01 .2018 r. (2018). Retrieved
from http://zakon2.rada.gov.ua/laws/show/2456-17/ed20170101 //

3. Podatkovyi kodeks Ukrainy vid 02.12.2010 № 2755-VI : Za stanom na 07.12.2017 r. (2017). Retrieved from
http://zakon3.rada.gov.ua/laws/show/2755-17.

4. Flissak, N. (2007). Svitovyi dosvid u spravlianni podatku na nerukhome maino. Konsultant, (34), 23-30.

5. Stipakhno, V. I. (201 2). Zarubizhnyi dosvid stiahnennia podatku na nerukhomist. Formuvannia Rynkovykh
Vidnosyn v Ukraini, (9), 18-25.

6. Vasiutynska, L. A., & Slatvinska, M. O. (2016). Podatkovi dominanty zbilshennia dokhodnoi bazy mistsevykh biudzhetiv v. Ukraini. Ekonomika. Finansy. Pravo., (2/1), 33-37.

7. Gerrard, M. B. (2010). What are public-private partnerships, and how do they differ from privatizations? Finance & Development, 38(3), 26-31 .

8. Polackova, B. H., Budina, N., & Irwin, T. Managing Fiscal Risks in PPPs. In Current Issues in Fiscal
Reform in Central Europe and the Baltic States 2005. Washington: World Bank.

9. Akintoye, A., & Beck, M. (Eds.). (2009). Policy finance & management for public-private partnership. Oxford: Wiley-Blackwell.

10. Lenk, T. (Ed.). (201 1). Public-private partnership: an appropriate institutional arrangement for public
services? Baden-Baden: Nomos-Verl.-Ges.