Conceptual foundations of the fiscal decentralization in Ukraine

Abstract

This article focuses on the definition of the conceptual bases of the fiscal decentralization. It was investigated the essence of decentralization as one of the components of the management process aimed at the reducing the dependence of local authorities from the central government. The theoretical bases of fiscal decentralization were considered and its impact on the social and economic development was proved. The state and assessment of the level of decentralization of the financial system in Ukraine were investigated. We paid attention to the classification of the models of fiscal decentralization. It was analysed the indicators of the level of fiscal decentralization in Ukraine for 2005-2014 years, advantages and positive effects of decentralization. Are systematized the features of fiscal decentralization in Ukraine. Are formed selection of directions oriented as ways to increase the economic and financial independence of the regions of Ukraine. The recommendations for conducting the fiscal decentralization in Ukraine are formed. Purpose of the article is to examine the theoretical basis of fiscal decentralization, ordering features of fiscal decentralization in Ukraine and formation of the growth of economic and financial independence of the regions of Ukraine.

Keywords

• fiscal decentralization
• local budget
• local taxes and duties
• local government