Economic and Social Importance of Modern SMART Technologies of Budgeting at the Local Level

The aim of the article is to study the main SMART technologies of budgeting in terms of their economic and social aspects, consider the risks and prospects of their implementation at the local level in Ukraine. The article is dedicated to description of modern SMART technologies of budgeting. The es...

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Main Authors: Kotina Hanna M., Stepura Maryna M., Tilichenko Yevhenii H.
Format: Article
Language:English
Published: PH "INZHEK" 2017-06-01
Series:Problemi Ekonomiki
Subjects:
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2017-2_0-pages-111_116.pdf
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spelling doaj-c33ced5e03de4ee5bc1cf80356b4ce382020-11-24T21:40:49ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862017-06-012111116Economic and Social Importance of Modern SMART Technologies of Budgeting at the Local LevelKotina Hanna M.0Stepura Maryna M. 1Tilichenko Yevhenii H.Candidate of Sciences (Economics), Associate Professor, Department of Finance, Kyiv National Economic University named after V. HetmanCandidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Kyiv National Economic University named after V. HetmanThe aim of the article is to study the main SMART technologies of budgeting in terms of their economic and social aspects, consider the risks and prospects of their implementation at the local level in Ukraine. The article is dedicated to description of modern SMART technologies of budgeting. The essence of the concept of infrastructure gap is defined, the necessity of its overcoming through increasing capital expenditures is substantiated. The main methods of financing capital investments are disclosed, the advantages and disadvantages of public-private partnership are determined. The technology of participative budget, its history, features of its introduction and functioning in Poland, Germany and Ukraine are described. The necessity of implementing the Public Finance Management Strategy for 2017-2021 in Ukraine is justified, and risks related to it are investigated.http://www.problecon.com/export_pdf/problems-of-economy-2017-2_0-pages-111_116.pdfSMART technologiesprocurementinfrastructure gappublic-private partnershipparticipative budgetfinancial development strategy
collection DOAJ
language English
format Article
sources DOAJ
author Kotina Hanna M.
Stepura Maryna M.
Tilichenko Yevhenii H.
spellingShingle Kotina Hanna M.
Stepura Maryna M.
Tilichenko Yevhenii H.
Economic and Social Importance of Modern SMART Technologies of Budgeting at the Local Level
Problemi Ekonomiki
SMART technologies
procurement
infrastructure gap
public-private partnership
participative budget
financial development strategy
author_facet Kotina Hanna M.
Stepura Maryna M.
Tilichenko Yevhenii H.
author_sort Kotina Hanna M.
title Economic and Social Importance of Modern SMART Technologies of Budgeting at the Local Level
title_short Economic and Social Importance of Modern SMART Technologies of Budgeting at the Local Level
title_full Economic and Social Importance of Modern SMART Technologies of Budgeting at the Local Level
title_fullStr Economic and Social Importance of Modern SMART Technologies of Budgeting at the Local Level
title_full_unstemmed Economic and Social Importance of Modern SMART Technologies of Budgeting at the Local Level
title_sort economic and social importance of modern smart technologies of budgeting at the local level
publisher PH "INZHEK"
series Problemi Ekonomiki
issn 2222-0712
2311-1186
publishDate 2017-06-01
description The aim of the article is to study the main SMART technologies of budgeting in terms of their economic and social aspects, consider the risks and prospects of their implementation at the local level in Ukraine. The article is dedicated to description of modern SMART technologies of budgeting. The essence of the concept of infrastructure gap is defined, the necessity of its overcoming through increasing capital expenditures is substantiated. The main methods of financing capital investments are disclosed, the advantages and disadvantages of public-private partnership are determined. The technology of participative budget, its history, features of its introduction and functioning in Poland, Germany and Ukraine are described. The necessity of implementing the Public Finance Management Strategy for 2017-2021 in Ukraine is justified, and risks related to it are investigated.
topic SMART technologies
procurement
infrastructure gap
public-private partnership
participative budget
financial development strategy
url http://www.problecon.com/export_pdf/problems-of-economy-2017-2_0-pages-111_116.pdf
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