Blockchain Papers

Natalia Wagner, Bogusz Wiśnicki

No abstract is available for this record.

L. Sulimenko, S. Viter

Important conditions for Ukraine's integration into the European community are the decentralization of power and the provision of financial autonomy to local authorities. Decentralization allows local government authorities to obtain autonomy in terms of financing and providing social benefits to the population, contributing to the sustainable socio-economic development of the respective administrativeterritorial units. The article is devoted to the study of the characteristics of the accounting and analytical system in the process of income management of the united territorial communities in the context of the formation and use of local budgets. The analysis of the current state of development and the dynamics of the main indicators of the formation of UTCs in Ukraine and the volume of their budget revenues for the period 2015-2018 is carried out. It was found that during the research period there was a tendency of growth of revenues to the general fund of local budgets of territorial communities, including intergovernmental transfers and other funds allocated for implementation of targeted measures.In particular, in the structure of such funds, the largest share is allocated to regional and socio-economic development and the development of medicine in rural areas. The role of financial support of territorial communities was determined, the specificity of formation of the revenue part of the local budgets of UTCs was investigated in order to determine the structure of income and the ratio of sources of financing of local budgets.The issue of granting subventions and grants from the state budget for the proper exercise of the powers delegated by the government (to the development of education, medicine, culture, social security, etc.) is considered. The analysis focuses on the synthesis of opportunities for increasing financial revenues to the UTC budget, which will contribute to the selfsufficiency of local budgets under conditions of budget transformation. It was investigated that one of the directions of improvement of information support of budget incomes management is automation of accounting process. It is proposed to use the modern domestic software products "MASTER: Budgetary Institutions", which are fully adapted to the Ukrainian market and meet the requirements of the current legislation of Ukraine to be used in the UTC for accounting purposes

Оleg N. Zagurskiy, Lyudmila L. Titova

Global supply chains more and more rely on modern information technologies which contribute to expenses decrease, improvement of processes quality and clarity in-crease. Transaction history tracking possibility between sender and recipient throughout the whole supply chain is key factor, especially if there is confidence problem between chain members. This article enlightens basic principles of blockchain practical use and distributed registry construction in addendums of blockchain. Main attention is payed to analysis of integration increase in supply chains that are created between business partners based on digital data and web-transferred funds. There are blockchain technology application methods defined that are used to increase supply chain resistance in the face of risks and indetermination. The methods provide a close connection between financial, logistics and commercial participants of trade and economic transactions with payments unification possibility and supplies via post operators. Analysis performed shows that blockchain technology concentrates around material and financial actives commerce; potentially the most interesting for both transactions and management processes inside organizations and between them. Processes, strategies, technologies and practical blockchain application in supply chains evidence about its vast potential and wide possibilities for development and efficiency increase of organizations that are parts of chains. Blockchain technology application can enlarge competition advantages of company and decrease risk by increasing of reliable information about chain members, particularly when two entities perform such an operation for the first time.

I. V. Yaroshenko, I. B. Semigulina

Exploring the rural development issues, given their direct impact on the administrative, territorial and socio-economic indicators of the development of communities, regions and the country as a whole, is becoming more and more relevant in the course of implementation of provisions of the reform of local government and the territorial organization of power in Ukraine. Rural territories provide a significant contribution to the economy, cause influence on the national food security, form an essential part of the country’s export potential. Newly created communities, especially in rural areas, have inherited a significant number of local problems, including poor economic development, inadequate quality of infrastructure, lack of free access to modern public services in almost all vital social spheres (education, health, transport, communications, finance, etc.). Existing problems of self-fulfillment and decent labor remuneration, first of all in the productive sphere, cause the outflow of the economically active population, especially young people, in search of work and better living conditions, characterize the high level of the current unemployment and the continuing ageing of the rural population, which as a result exacerbates social and economic problems in society. Finding ways to address local development problems, introducing an efficient system of integrated development of rural territories and achieving functional self-sufficiency in newly created communities, taking into account the benefits of the expanded powers granted in the the course of implementing the decentralization reform, require researching the new approaches to the public management of territorial development and the formation of a socio-economic basis upon their own available resources and the internal potential for achieving the sustainable economic growth, stimulating their development, and improving the socio-economic indicators of the living standards of citizens.

Olena Syzonenko

Introduction. The reform of public finances in Ukraine involves implementing measures to increase the openness and transparency of the budget system. Ensuring the transparency of the budget process and the participation of the population in its organization envisages timely and accurate disclosure of information on the use of budget funds, as well as the ability of the public to participate in the formation and implementation of the budget, which is indisputable sign of democracy in many countries around the world. Purpose. The purpose of the article is to study the issues of effective implementation of the participation budget in the context of decentralization, also the development of practical recommendations for improving the dialogue between local authorities and society on the basis of cooperation in the context of participative budgeting. Results. The role and place of the participation budget in the system of public finance in terms of financial decentralizations are justified. Foreign and domestic experience of introducing participatory budgeting in the field is generalized. The algorithm for implementation and implementation of participatory budgeting and recommendations for effective implementation of the budget for participation in the community are presented. Conclusions. The participation budget is an effective tool for interaction between government and society, which combines the principles of democracy and zransparency. Of course, the introduction of a budget for participation in the context of decentralization reform offers significant benefits. Particularly relevant is the introduction of the participation budget for newly formed united territorial communities. If previously small financially unprofitable communities were not able to use participatory budgeting in their territory, now, with voluntary unions, they are getting new financial opportunities for their development, using best practices in the participation budget in large and small cities

Klara Paardenkooper

Blockchain is a new technical innovation based on distributed ledger technology, which, according to the literature, promises to improve supply chains by facilitating trusted transactions. Due to its immutability it can help eliminate third parties, which traditionally intermediate between the parties involved in transactions. Large multinational companies that have major influence in supply chains can easily rape the benefits of blockchain, however, small and medium size enterprises (SMEs), which together generate 99% of the added value of the Dutch economics, do not have the means to achieve this. Therefore, this research poses the question, which user cases exist already and which opportunities do they offer for SME's to create value. The paper answers this question based on literature and the analysis of 70 user cases. Based on the analysis the SMEs are advised, which of the following five strategies to follow, ignoring it, waiting to see the market developments, make use of blockchain services offered by the new blockchain based middlemen, such as the supply chain finance, paperless and market platform solutions, integrate in existing blockchains of multinationals as Maersk or create their own blockchain.

Hanna Igorevna Kolieda

It is substantiated that creation of regional tourist destination management organizations based on public-private partnership (in terms of combining funds and efforts) in the tourism industry can become an effective model of tourism management under conditions of decentralization of power in Ukraine. There are several key benefits for government authorities, civil society and business from combining their efforts and funds to develop the tourism industry. The conclusions are based on European and world experience, as well as recommendations of the World Tourism Organization (UNWTO) on the success factors of destination management/marketing organization (DMO – term that defines regional tourist destination management organizations in Western countries). The current state of work of destination management organizations in the world has been challenged by changing the course from marketing to management as their leading function, which requires increasing responsibility and rethinking their activities. The essence of the term “destination” is revealed according to UNWTO recommendations and this term is determined as the main one used when determining the tourist region. The basic success factors, components of an effective regional tourist destination management organization are revealed, such as: leadership, institutional determination, integration of public and private budgets, effective management and strategic vision that is related to sustainable development of tourist destination. The possible ways of financing and legal subordination of regional tourist destination management organizations according to legislation of Ukraine are considered and it is substantiated that these issues require deeper study and development of practical recommendations on implementation, as today there is no transparent system that would allow financing of non-state institution from state funds.

I. A. Chykarenko, O. O. Chykarenko, А. S. Ushakova

The article identifies the factors, which determine the need for strategic planning of local development in a context of decentralization, namely: reforms or dynamic changes that are taking place today in all spheres of socio-economic and political life in Ukraine; reorientation to new management models due to the need for clear goal-setting and development of projects and programs for achieving goals; amalgamation of communities puts forward the need to create a methodological basis for the independent decision-making on a strategic choice of ways of development, etc. The research is based on the experience of designing and implementing strategies and projects for the development of the amalgamated territorial communities of Dnipropetrovs’k Oblast in which the authors of the publication participated as expert-consultants. The role and specific features of the strategic development management process of the amalgamated territorial communities are described. The corresponding principles of management of the implementation of the strategy of development of the amalgamated territorial community (in particular, providing a meaningful relationship between the strategy and other planning documents; timeliness and prevention; personal responsibility; openness and transparency for the public; current scientific and communication support for the implementation of the strategy; etc.) as well as the role of certain processes and functions in managing the implementation of the strategy are substantiated. The paper shows the importance of the multi-level system of personal responsibility for implementation of strategic priorities - from carrying out of each project from the corresponding portfolio of projects of strategic priorities implementation to responsibility for implementation of the strategy as a whole. In order to ensure efficient management of the strategy implementation, a separate authorized body - Strategy Implementation Management Committee (SIMC) - is suggested to be formed. The functions of the SIMC in the amalgamated territorial communities, which differ in content from the functions of other authorized bodies (working group, strategic committee, etc.) traditionally created to manage the implementation of the strategy of local (regional) development are described. It is grounded the necessity of monitoring and adjusting of certain parameters of the strategy (goals, set of projects, financing, terms of implementation, executors, and expected results, etc.) in case of changes, for example, external environment, loss of relevance of certain strategic or operational goals (projects) or, conversely, new goals (projects), etc. An algorithm for making changes to the strategy summary document is described.

L. Horoshkova, Ievgen Khlobystov, Victoriya Trofymchuk

In work is proved, that it is impossible to ensure sustainability development of the state without creation of conditions of sustainability development of administrative - territorial units on the basis of model, which components is to economic, social and ecological structure by. The proved necessity of a concentration of attention on an ecological component. Is shown, that one of major ecological-economic tools of nature protection activity in Ukraine are the ecological tax and tax for pollution of an environment. By results of the analysis of dynamics of the tax for pollution of an environment is established, that last years the volumes of emissions of polluting substances have decreased. Is established, that the increase of volumes of the ecological tax in the incomes of the local budgets in 2015 is connected to the beginning of decentralization and brought in changes in the Tax code. Is proved, that the delay of rates of growth of receipt of the ecological tax in the local budgets is by a consequence of inefficient system of filling of the budgets of the incorporated territorial communities (ITC) and local budgets. The estimation a level of development of the economic mechanism of regulation and stimulation rational nature usage is carried out on the basis of parameters of nature protection financing. The analysis of dynamics of change of volumes of the charges on protection of an environment is carried out. Is established, that the charges of the budget of Ukraine grow by protection of environmental natural environment annually, but rates of this growth reduce meaning by the inflationary factors. Is established, that there is a delay of rates of financing from the state budget with simultaneous increase of financing from the local budgets. It has given the bases to assert, that created IТC more is weighed concern to ecological politics and necessity of financing of nature protection measures. The interrelation between receipt of the ecological tax in the budgets and dynamics of the charges on nature protection measures is investigated. Is established, that dynamics of receipt of the ecological tax in the budget does not coincide with dynamics of the charges of the budget on protection of an environment. It testifies to imperfection regulating mechanisms of ecological politics, both on the equal states, and at a level of separate territories. The necessity of development of the methodological approaches to a substantiation of effective directions of realization of state politics in sphere of protection an environment at a level IТC, recommendations for their scientific support, development of a complex of measures on their introduction and improvement of working organization-legal base is proved. The analysis of dynamics both sources financing of the capital and current investments in protection of an environment is carried out. Is shown, that dynamics of rates of growth of the capital investments is astable, owing to what there are no cardinal changes of an ecological situation in the country. Is shown, that the rates of growth of the current investments are insignificant, at a level of an official rate of inflation, which reduces their economic efficiency. The analysis of structure of sources financing of the capital and current investments in nature protection activity is carried out. The received results have confirmed the made conclusions concerning an inefficiency of state politics of realization of the capital investments in nature protection measures.

Olesia Demianyshyna, Oleksandr Nedbalyuk, N. O. Stanislavchuk

The systemic crisis in the sphere of socio-economic development of territories is a consequence of the lack of a modern management mechanism for the development of territorial communities, which is based on the corresponding development programs.Despite the depth of studying of these scientific studies, the financial aspects of developing programs for the innovative development of territories in the conditions of financial independence of local government bodies require detailed consideration.Focused attention of researchers on the problems of management of territorial development. Attracted attention to the necessity of creating a mechanism for funding work on the development of relevant programs. It is determined that without such mechanism it is impossible to create and effectively implement territorial development programs at all levels of the administrative-territorial system of the country. All elements of the process of territorial development programming that are in need of financing are considered and which should be considered such a separate cost items of the corresponding estimate. On the basis of foreign experience (first of all the USA), it is proposed to create a nation-wide network of state information and consulting (advisory) services that would be the implementers and coordinators of work on the development of territorial development programs. It is determined that the financing of the development of territorial development programs should be carried out precisely through such services, which will ensure the efficiency and transparency of this process in conditions of financial decentralization and creation of united territorial communities in Ukraine. The proposed basic model of the process of programming the innovative development of joint territorial communities will ensure the effectiveness and transparency of this process in the context of financial decentralization.

M. F. Averkynа, Yuliia Shulyk

The article considers the necessity of financial logistic coordination, which involves attracting financial resources in those subsystems of the territories that are most favorable for the rational use of socio-ecological and economic resources, their reproduction, achievement of socio-ecological and economic security and increase in logistics efficiency. It is determined that in order to solve territorial communities’ functioning issues and to ensure their development there is a need to combine local, state and private finances. Effective financial coordination will make it possible to use the resources of the territories efficiently, reduce the use of territories' external resources sub-systems and maximize the provision of their functioning by internal resources. The main resources, revenues and expenditures that provide financial logistics of the territories in Ukraine are estimated. The first results from the implementation of decentralization reform revealed a number of issues: the dependence of Ukraine's local finances on public finances, the social orientation of expenditures etc.. The necessity of completing the process of inter-budgetary relations decentralization and coordination was singled out. The authors identified necessary changes on the state level in order to improve coordination of financial flows and development of the territories. Financial logistics coordination at the local level should solve a number of problems: filling of local budgets with their own financial resources; regulation of prices and tariffs for utilities; increase of communal enterprises and institutions financing; increase of capital expenditures in the spheres of local governments improvement and modernization; investment attraction ; improve the use of local debt securities.

Л. А. Некрасова, Anastasiia Dyskina

The aim of the article. The purpose of the article is the theoretical substantiation of issues related to the system of strategic planning of economic development of industrial enterprises and marketing at the regional level in order to determine the interaction between them. The results of the analyses. The most characteristic features of modern strategic planning of the development of a production enterprise are considered: several strategic problems of the enterprise are solved; has a creative and iterative character; aimed at finding new business opportunities; It requires significant information, intellectual, as well as time costs; the basis of planning is the approach «from the future to the present»; differs stochastic approach and flexibility; strategic plans are conceptual and descriptive, which contain mainly qualitative and interval quantitative indicators; strategy development is based on the principle of alternatives; the system of strategic planning determines the potential of the company's success and creates the prerequisites for the effective operation of the enterprise; The subject of formation of the main strategic idea is the higher strategic level of enterprise management. Therefore, for business, the importance of the strategy is explained by the fact that clearly defined goals and guidelines for the development of the territory allow business entities to see the prospects of the economy, the prospects for development and state support of the industries, and, in accordance with new approaches and goals, declared by the local authorities in the planning documents, to build their own Plans for the future. In the conditions of objective incompleteness of information, the effect of external «deterrent factors» is multiplied, and therefore the mechanisms necessary to overcome them, which ensure the constructive nature of the processes of the flow of resources and capital in the economic space. One such mechanism is regional marketing. Some aspects of the interaction of the elements of the toolkit, which are fundamental in the formation of the system of strategic planning of the development of production enterprises and socio-economic development of the region, taking into account the marketing approach, are explored. Information interaction – the basis of the process of management of socio-economic development of the region, the mechanism for the development and implementation of both territorial strategies and strategies of production enterprises. Interaction through methods of managerial influence. Methods of economic interaction are a motivational component of the regional strategies of the region and the strategies of production enterprises. Methods of socio-psychological interaction. Interaction through project management and clustering. Interaction through the demand management system. Consequently, the main objective of marketing strategic planning is to build the activity of the territory and production enterprises in such a way that the organic and most efficient combination of production, satisfaction of the needs of consumers, profit and development of the region. The principles of marketing strategic planning are: coherence with overall strategic planning; based on the research of the marketing environment; cyclicity is a continuous process; flexibility – the ability to adapt the strategy to changes in the environment; multivariateness – taking into account possible changes of the environment at the stage of forming the plan. Conclusions and directions for further research. Thus, strategic planning of enterprise development in conditions of decentralization should be perceived as a powerful tool of state policy to ensure the balanced development of territorial communities. Consequently, three subjects of the national economy – government, business and the public, together, by consensus, create a joint strategy for the socio-economic development of the territory as a set of strategic goals, combined in the program of action based on the identified internal advantages and disadvantages of the socio-economic economic system, available resources, opportunities and threats to the environment. Keywords: strategic planning, economic development, manufacturing enterprises, regional marketing, methods of strategic planning. DOI: 10.15276/mdt.2.3.2018.7 Formuvannia obiednanykh terytorialnykh hromad: stan, problemni pytannia ta shliakhy yikh vyrishennia. Analitychna zapyska [Formation of united territorial communities: state, problem issues and ways of their solution. Analytical note]. www.niss.gov.ua Retrieved from http://www.niss. gov.ua/articles/2642/ [in Ukrainian]. Mischenko, A.P. (2007). Stratehichne upravlinnia [Strategic Management]. Dnipropetrovsk: DUEP [in Ukrainian]. Moskaluk V.E. (2005). Planuvannia diialnosti pidpryiemstva [Planning of enterprise activity]. K.: KNEU [in Ukrainian]. Ansoff, I. (1979). Strategicheskoe upravlenie [Strategic Management]. Moscow [in Russian]. Podolchak N.Y. (2012). Stratehichnyi menedzhment [Strategic Management]. Lviv: Lviv Polytechnic Publishing House [in Ukrainian]. Kotler, F., Asplund, K., & Rhine, I. (2005). Marketing mest: privlechenie investitsiy, predpriyatiy, zhiteley i turistov v goroda, kommunyi i stranyi: Stokgolmskaya shkola ekonomiki v Sankt-Peterburge. [Heider Marketing of places: attraction of investments, enterprises, residents and tourists to cities, communes and countries: Stockholm School of Economics in St. Petersburg]. St. Petersburg [in Russian]. Pankrukhin, A.P. (2006). Marketing territoriy [Territory Marketing]. St. Petersburg: Peter [in Russian]. Smentyna, N.V. (2015). Stratehichne planuvannia sotsialno-ekonomichnoho rozvytku na mezorivni: teoriia, metodolohiia, praktyka [Strategic planning of socio-economic development on mesorovnym: theory, methodology, practice]. Odessa: Atlanta [in Ukrainian]. Ruliev, V.A. (2011). Menedzhment [Management]. Kiev: Center for Educational Literature [in Ukrainian]. Mamonova, V, Baldic, N, & Grinchuk, N. (2013). Dzherela ta mekhanizmy finansuvannia mistsevoho ekonomichnoho rozvytku [Sources and mechanisms for financing local economic development]. Kiev [in Ukrainian]. Grinchuk, N. Formuvannia terytorialnykh marketynhovykh stratehii [Formation of territorial marketing strategies]. regionet.org.ua Retrieved from http://regionet.org.ua/files/08.Territorial_ Marketing_Grynchuk_Materials_UA.pdf [in Ukrainian]. Oklander, M. (2002). Problemy formuvannia marketynhovoi systemy krainy [Problems of forming of the marketing system of country]. Kiev [in Ukrainian]. Shchelkunov, V., Bondarenko, V., & Karakai, Y. (2005). Marketynh rehioniv: investytsiini aspekty [Marketing of the regions: investment aspects]. Kiev [in Ukrainian]. Kudenko, N.V. (2002). Marketynhovi stratehii firmy [Marketing strategies of the firm]. Kiev: KNEU [in Ukrainian]. Tiahunova, Z.O. (2011). Formuvannia mekhanizmu upravlinnya marketynhovym potentsialom pidpryiemstv systemy spozhyvchoy kooperatsii [Formation of the mechanism for managing the marketing potential of the enterprises of the system of consumer co-operation]. Naukovyy visnyk Chernivetskoho torhovelno-ekonomichnoho instytutu KNTEU [Scientific herald of the Chernivtsi Trade and Economic Institute KNTEU],3 (43), 320-323 [in Ukrainian]. Regional policy: legal regulation. World and Ukrainian experience. (2011). Tkachuk, A. (Ed). Kiev: Lesta [in Ukrainian]. On Approving the Model Provision on the Agency for Regional Development: Draft Resolution of the Cabinet of Ministers of Ukraine (2011, 20 June). old.csi.org.ua. Retrieved from http://old.csi.org.ua/?p=2395.

Marianna Stehnei, Inna Irtysheva, O. Gurina

The aim of the article is to study the current state of financial provision of the social sphere of the Black Sea region and to develop practical recommendations for its optimization in conditions of decentralization processes. Methodology. We have made a generalization of the theoretical provisions of the financial mechanism of the social sphere of the region. We propose to investigate the financial mechanism of the social sphere of the Black Sea region by means of analysis of indicators of income and expenditure parts of the budget of regions of the Black Sea region. At the present stage of the gradual transformation of the socio-economic development of the regions and in the context of the implementation of the budget decentralization reform, a number of acute problems from the financial support of social development, the guarantee of social standards for the population, and the improvement of the quality of social services arose. The solution of these problems needs a substantial research in the direction of developing the best models for financing social development of the regions, which will promote the achievement of decent social standards and stimulate economic growth. The financial mechanism for providing social development of the Black Sea region is analysed, the current state of the regional budget in terms and trends in financing social expenditures of the region is identified. It is determined that despite the increase in tax revenues, local authorities still do not have sufficient financial resources to perform their functions and tasks. It adversely affects the development of social infrastructure, provision of social services, and does not contribute to the effective human development, which serves not only as the main goal but also as a key determinant of the economic development of the region. It is substantiated that in order to improve the situation in the social sphere of the region, it is necessary to improve the financial mechanism of social security. On the basis of the investigated scientific approaches, the concept of “mechanism of the financial provision of socially-oriented regional development” is clarified, directions of budget and extrabudgetary financing of social expenditures are substantiated, and proposals on the improvement of financial management of social sphere in the conditions of decentralization are developed. Results. To improve the system of financial provision of social development of the region, it was proposed to establish clear and transparent financial relations in the areas of income generation and distribution of regional budget expenditures at all levels, to create conditions for additional attraction of financial resources from extrabudgetary sources aimed at the implementation of regional social programs, and to form an effective system control over the functioning of the financial mechanism, primarily on the part of the territorial communities. Value/originality. The concept of the mechanism of the financial provision of socially-oriented regional development is generalized. An estimation of the social sphere of the Black Sea region is carried out on the basis of the analysis of indicators of income and expenditure parts of budgets of regions of the Black Sea region, the use of which allows determining the perspective directions of the social sphere of the Black Sea region.

Davydov Denys S., Riabovol Dmytro A.

The aim of the article is to research the prospects and opportunities for using blockchain technology in entrepreneurship, as well as international payments and banking operations. On the basis of current and up-to-date data and opinions of authoritative English-language publications on business, the problems concerning the relevance of technology of a distributed ledger have been comprehensively examined, and the results of many startups – young companies working on blockchain-solutions in various spheres, have been evaluated. As a result of the research, the main directions of work of startups in the field of application of blockchain technology were identified: smart contracts; cloud data storage; production processes; sphere of remuneration of employees; electronic voting with protection against breaking; "sharing economy". Prospects for further research in this direction are specific justification of the applicability of distributed ledger technology and the concept of decentralization in developing sectors (the "sharing economy", "Internet of Things"), as well as a deeper analysis of the impact of new solutions in relation to the traditional sectors of the economy, including Ukraine.

Kateryna Blishchuk

This article examines economic aspects of managing territorial development. Themain principles of interaction between central and local authorities which exist in modern Ukrainian society have been defined. Some approaches to ensuring economic territorial development are revealed. The normative legal framework, on the basis of which the implementation of management actions in separate territories is carried out, has been examined. The decentralization reform and the activities of unified territorial communities that manage territorial development are characterized. The disadvantages that exist in the sphere of administrative decision-making concerning territorial development are considered. Particular emphasis is placed on improving public policy in order to intensify the decentralization reform at the sub-regional level, to increase the level of financing of unified territorial communities and improve control over the use of their budgetary funds.

Олександр Левченко, Olga Tkachuk

Статья посвящена обоснованию организационно-экономических основ создания инновационно-интегрированных структур в условиях социально-экономической нестабильности на основании анализа текущего состояния показателей конкурентоспособности и инновационного развития Украины на международной арене и мировых тенденций инновационной динамики. Охарактеризованы предпосылки, факторы, принципы, составляющие и задачи развития инновационно-интегрированных объединений. Обоснована целесообразность учета основных составляющих формирования и развития инновационно-интегрированных структур. Статья посвящена обоснованию организационно-экономических основ создания инновационно-интегрированных структур в условиях социально-экономической нестабильности на основании анализа текущего состояния показателей конкурентоспособности и инновационного развития Украины на международной арене и мировых тенденций инновационной динамики. Охарактеризованы предпосылки, факторы, принципы, составляющие и задачи развития инновационно-интегрированных объединений. Обоснована целесообразность учета основных составляющих формирования и развития инновационно-интегрированных структур. The article is devoted to the substantiation of the organizational and economic principles of creation of innovative-integrated structures in the conditions of socio-economic instability on the basis of the results of the analysis of the current state of competitiveness's indicators and innovative development of Ukraine in the international arena and world tendencies of innovation dynamics. The comparative characteristic of the key indicators of innovative development in Ukraine with the individual countries of the world, are made it possible to ascertain both significant negative socioeconomic processes and a fairly significant level of lagging behind the key indicators of innovative development from countries of the world, which are showing the high rates of innovative dynamics or are at the stage of growth. The preconditions, factors, principles, components and tasks of development of innovative-integrated associations were characterized. The expediency of taking into account the main components of the forming and development of innovative-integrated structures, including the educational component of training specialists for innovative-integrated structures (quality, competitiveness of educational services, financing, scientific activity of educational institutions); professional development of employees of innovative-integrated structures (lifelong learning, increasing of human capital); personnel support (availability of innovative type of personnel, innovative development of human capital); directions of improvement of the organizational and regulatory influence in the conditions of decentralization of power and management (development of strategies, territorial priorities, transparency of public procurement, implementation of program-targeted approach); financial analysis, audit and information support (financial information, audit services, currency rate regulation, information requirements); tax regulation (advantages and disadvantages of the taxation system, tax incentives); investment support (state financial support, investment attractiveness of enterprises); stimulation of entrepreneurial activity (problems and prospects of development of innovative entrepreneurship); social development (development of social capital); ensuring national security (the role of innovative-integrated structures) was substantiated. Thus, the improvement of the organizational-economic principles for the creation of innovative-integrated structures should take into account the latest trends associated with the results of the 4th industrial revolution, the peculiarities of implementing innovative activities in conditions of socio-economic instability, must be oriented towards the formation of innovative ecosystems, introduction of a smart approach to management organization, territorial branding, enhancement of the competitiveness of the territories and their investment attractiveness.

Леся Кучер

Decentralization of the power authorities inUkrainewill greatly bring science closer to the needs of production in its primary links, and will improve the use of agricultural potential in each region (Sabluk, 2017). Under these conditions, it is possible to practically implement the proposed improved model of management of agricultural projects, which is based on the coordination of efforts of agrarian producers with specialists of the relevant departments of regional state administrations (Prysiazhniuk and Plotnikova, 2017). Creation of innovative centers for the development of agricultural production and rural areas in the regions will contribute the activation of the development and implementation of innovative projects. It actualizes the problem of formation of sources of financing of agricultural projects. Material and methods. The purpose of the work is a scientific substantiation of the possibility of capitalization of agricultural lands as a potential source of project financing on the example of the regional level of management of agricultural production. The methodological and theoretical basis of the study is the modern works of Ukrainian and foreign scientists, as well as the results of own research. In the process of research the following methods were used: monographic, abstract-logical, statistical-economic, analysis and synthesis. Results and discussion. The possibility of capitalization of agricultural lands as a potential source of project financing on the example of the regional level of management of agricultural production inUkraine is substantiated. The evaluation of potential volumes of crediting of projects of the agricultural enterprises of regions ofUkraine depending on size of the collateral value of the land and the rights of rent is executed. The investment potential of agricultural enterprises of the regions of Ukraine in the context of project financing, taking into account the collateral value of the land resource and investment profit (the sum of net profit and amortization of fixed assets) is calculated. Conclusion. Estimation of the potential volume of credit support for projects of agrarian enterprises in the regions ofUkraine, depending on size of the collateral value of the land and the rights of rent, indicates the important role of this potential source of financing. So, for example, the potential volume of credit financing for projects of agricultural enterprises inUkraine subject to 50 % of the value of land mortgage is about 267.6 billion UAH. Involvement of these funds to finance innovative agricultural projects will contribute to the expansion of opportunities for the practical implementation of these projects and to ensure sustainable development.

B. Bezzubko, Y. Bezzubko

The implementation of strategic planning of the development of united territorial communities in the conditions of decentralization in Ukraine is justified. The stages of strategic planning of territories development in Ukraine are described. The authors identified the features of the current stage of strategic planning of the development of territories. The problems of strategic planning of socio-economic development of communities are described in the article: methodical problems; organizational problems; economic problems; problems of personnel; social problems. The authors pay special attention to the characteristics of financing of the united territorial communities in the Donetsk region. The need to assess the financial situation in the united territorial communities, the right choice of priorities for community development is emphasized.

Anna Marchuk

Introduction.The objective reason for the existence of an institution of local budgets is an increase in the efficiency of the provision of public services guaranteed by the state due to the proximity of such services to the immediate consumer. This process is based on the principle of subsidiarity, requires a sufficient level of financial security of local budgets and demonstrates the basic idea of the concept of fiscal decentralization. The decentralization reform is systematic and involves structural changes in various spheres of public life. The object of research of this article is the impact of changes in tax and budget laws aimed at decentralization on structure and dynamics of income and expenditures of local budgets. Purpose.The purpose of the article is to identify trends, priorities and unresolved issues in financing local budget expenditures, compare dynamics of expenditures with dynamics and structural changes in local budget revenues. Results. In the course of the research, the expenditures and revenues of local budgets of Ternopil region during 2004-2017 were analysed, comparison with trends in Ukraine was made. It has been established that due to slowed down economic growth and a systematic decrease in the share of own revenues in recent years, the amount of funding for institutions and activities in the social and cultural sphere has been reduced and the transfer of important functions to the local level was not accompanied by the transfer of sufficient amount of financial resources. Conclusions.The strategic goal of decentralization is to ensure the availability and proper quality of public services for all categories of the population. The decentralized budget system should function on the basis of a coordinated, unified national cooperation policy for many independent institutions, each of which has a legislatively defined sphere of autonomy. Since tax revenues form the main volume of own revenues of local budgets, the issue of improving the efficiency of tax administration comes to the forefront in the context of decentralization changes. Therefore, on the way to ensuring the increase of tax revenues, the strategic goal of local authorities should be to promote economic development of regions.

Dmytro Klinovoi, Peter Rogov

<em>In the article considered the implementation problem an effective organizational and economic mechanism (algorithm) and ensuring the safety of the process of decentralization of management of natural resources is considered as an organized transfer of powers from the sphere of state management to water, land, forest and mineral resources to territorial communities.</em> <em>The concept of the mechanism of ensuring the security of the decentralization process in the system of management of natural resources with the participation of local communities is proposed.</em>

Н. В. Корень

Radical transformation processes in the economy, administrative reform and modernization of the public relations system entail the need for building adequate regulatory mechanisms to eliminate influences of negative factors, stabilize and sustain the development dynamics in the conditions of limited resources. The prolonged prevalence of situational analysis for purposes of administrative decisions making on budget-related issues prevented from effective setting and implementation of strategic objectives, which, once coordinated, would enhance the effectiveness of reforms in the budget system in the whole and the mechanism for interbudget relations in particular. Their high effectiveness is a key and complicated objective of public finance administration in a country. Solutions of problems related with stabilization of economic dynamics, overcoming of consequences of financial and economic crisis require advanced theoretical approaches to enhancing the effectiveness of inter-budget relations as an important component of budget control. The amendments to the budget legislation, adopted in 2014-2015, are supposed to provide for anew model for financing of local budgets and inter-budget relations and the guidelines for reforms of budget and taxation decentralization. The practice of budget control in 2015 shows that the current legal system for control of inter-budget relations had many unsettled issues which calls for its further improvement. Further implementation of the reform of budget decentralization and enhancement of inter-budget relations effectiveness requires extension of rights of local governance bodies, enlargement of their budget autonomy and clearly specified responsibilities.

Veriga Anna V., Ragulina Nadiia V.

The aim of the article is to identify the structural features of the local finance system as an aggregate of socio-economic relations under conditions of decentralization. The features of formation and development of the local finance system are analyzed. It is noted that the main place in the system belongs to local budgets as an important tool for the development of the socio-economic sphere. The importance of local finance in the formation of financial resources of local authorities under conditions of decentralization is studied. The shortcomings of the national budgetary policy at the local level are revealed. It is substantiated that the budgetary policy at the local level should be aimed at achieving an optimal balance between its economic and social aspects. Recommendations for improving the regulatory framework for the development of the finance system of the local self-government in Ukraine under conditions of decentralization are proposed. The need for providing access of the public to information and to participation in solving these issues is grounded.

Марія Петрівна Бадида

The article analyses the directions of tax management in the context of budgetary decentralization. The paper aims to research tax management in the system of forming local budgets in the conditions of financial resources decentralization and analyze the current tools of tax management on the local level. In spite of a great number of researches, the issue of tax management in strengthening financial independence of local budgets is not enough studied; therefore, to reach financial independence of local communities it is necessary to adopt new normative and legal acts concerning decentralization of financial resources taking into account tax potential of each territorial community. The lack of financial resources causes the problem of optimal redistribution of power among central and local authorities. The author proposes the new mechanisms of solving the current problems on the example of local budget of the city of Uzgorod to contribute budgetary decentralization. The principal idea while conducting the reform of the budgetary process must be the adoption of certain changes in budgetary legislation which have to shift the mechanisms of budgetary financing and equating local budgets. The author concludes that the progressive vector of well-being increasing completely depends on the developed concept of regional economic policy. The article pays attention to the importance of taking into account the tax potential of a territory and characterizes the directions of strengthening financial independence of local government.

Marianna Stehnei, Inna Irtysheva, Maryna Myhaylivna Korol

Urgency of the research. The objective need to popularize the foundations of sustainable development is due to an increase of anthropogenic impact on the environment. An important point is the formation of financial instruments for the sustainable development of rural areas and the development of ways of environmentalizing the agrosphere. Actual scientific researches and issues analysis. The scientific works of such scholars as M. Y. Malik, M. A. Khvesyk, O. M. Alymov, I. M. Lytsur, V. V. Mykytenko, E. M. Libanova and others deal with the financial support of sustainable development of rural territories. Uninvestigated parts of general matters defining. The scientists have not yet sufficiently developed the argumentation of the implementation opportunities of the priority areas of the formation of financial instrumentation for the sustainable agricultural development innovative approach. The research objective. The aim of this article is the substantiation of innovative approaches to the formation of financial instruments for sustainable development of rural communities. The statement of basic materials. The article deals with the features of the formation of financial instruments for sustainable rural development. The key role of the financial sector in the sustainable development of local natural and economic systems has been proved. We have calculated the resource of the local budget of Mukachevo district in 2014-2016. There have been defined the directions of expansion forms and sources of financing of the processes of reproduction of natural resources and improving environmental management through the rent relations in the process of financial providing of sustainable development management of rural communities. Conclusions. The concept of sustainable development, which covers the economic, social and environmental trends, needs to be prioritized. Strengthening the progress of the priority components of the concept of decentralized sustainable development, the possibilities of modernizing economic relations will be expanded on the basis of coordination of interests of communities with the interests of the authorities. It is also necessary to strengthen the development of the concept of a mutually integrated mechanism of accumulation and use of financial resources to ensure the economic basis of environmentally-oriented growth.