Implementation of world experience in using financial instruments to stimulate regional development in Ukraine


Keywords: financial instruments; regional policy; regional development; fiscal decentralization; intergovernmental fiscal transfers; tax breaks

Abstract

The article deals with the world experience of using financial instruments for stimulating regional development. It is determined that Ukraine's choice in the direction of European integration necessitates the application of new approaches to regional development, the definition of goals, priorities and instruments for the implementation of regional policy. Under such conditions, the issue of studying the implementation of world-wide experience in using financial instruments for stimulating regional development acquires important theoretical and practical significance. The experience of the developed countries of the world, in particular the European Union countries, in the field of regional development is beneficial for Ukraine. The necessity of implementation of world experience of using financial instruments of stimulation of regional development in Ukraine in the conditions of budget decentralization is determined.

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Published
2018-04-30
How to Cite
Kuzheliev, M., & Nechyporenko, A. (2018). Implementation of world experience in using financial instruments to stimulate regional development in Ukraine. Fundamental and Applied Researches in Practice of Leading Scientific Schools, 26(2), 31-36. Retrieved from https://farplss.org/index.php/journal/article/view/296