Specific features of realisation of socio-economic interests of Ukrainian regions with the help of financial mechanisms

Vlasyuk Valeriy Ye. () and Byk Liliya I. ()
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Vlasyuk Valeriy Ye.: Dnipropetrovsk State Finance Academy
Byk Liliya I.: Dnipropetrovsk State Finance Academy

The Problems of Economy, 2013, issue 4, 192_197

Abstract: The article studies theoretical and methodological grounds of ensuring realisation of socio-economic interests of the region with the help of financial mechanisms. In particular, it establishes the essence of the financial mechanism, conducts theoretical analysis of this notion and marks out its main components. It offers a new vision of the financial mechanism of ensuring realisation of socio-economic interests of the region. It identifies that the main element of the financial mechanism is financial provision. It justifies significance of financial provision of the region for realisation of socio-economic interests and sustainable regional development. It provides requirements the financial mechanisms should meet, with the help of which realisation of socio-economic interests of the region is carried out. It identifies main tasks of improvement of the financial mechanism of ensuring socio-economic development of Ukrainian regions. It shows that realisation of socio-economic interests of the region with the help of financial mechanisms envisages financial capability of the region.

Keywords: financial mechanism; region; socio-economic interests of the region; financial provision; regional development (search for similar items in EconPapers)
Date: 2013
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