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Prospects for implementing participatory budgetingas an effective instrument for implementingbudgetary policy at the local level

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Title Prospects for implementing participatory budgetingas an effective instrument for implementingbudgetary policy at the local level
 
Creator Сіренко, Наталя Миколаївна
Сиренко, Наталья Николаевна
Sirenko, Natalia
Мельник, Ольга Іванівна
Мельник, Ольга Ивановна
Melnik, Olga
Шишпанова, Наталія Олександрівна
Шишпанова, Наталия Александровна
Shyshpanova, Nataliya
 
Subject budgetary system
budget
budget of participation
fiscal policy
 
Description The purpose of the study is to determine the methodological principles for implementing Participatory
Budgeting as an effective instrument of the budgetary policy at the local level, in particular, the analysis of the
main risks and limitations of this process, the identification of its main stages and the features of the main types
of activity, which includes each stage. Methodological bases of the study consist of general scientific methods of
obtaining knowledge of economic phenomena and processes. Realization of study tasks requires the following
methods: method of theoretical generalization – during the study of scientific works, regulatory legal acts; abstractlogical method – to generalize the theoretical and methodical provisions, as well as to determine the purpose of the
study; method of a systematic approach – the definition of directions for improving the functioning of Participatory
Budgeting as an effective instrument for implementing budgetary policy. Results. The main components, which
should include Participatory Budgeting process are proposed, the purpose of which is to facilitate the establishment
of a social dialogue between local authorities and residents of the territorial community, and to create conditions
for the participation of the residents of the territorial community in the budgetary processes to meet their needs.
The analysis of the conducted studies made it possible to determine the main risks and limitations of participatory
budgeting. Practical implications. The main stages of the participatory budgeting process are outlined, in particular:
the preparatory stage, the stage of budget formation and its approval, the main point of which is the establishment
of a budget committee and the commencement of its work, the implementation stage, the stage of monitoring
and evaluation of participatory budgeting. The main types of activity included in each stage have been studied. All
of the above made it possible to develop a cycle of participatory budgeting as one of the directions of budgetary
policy. We believe that the popularity of this process is determined by the benefits received by the residents, local
authorities and the city in general. Value/originality. Formation and implementation of budgetary policy at the local
level in the current conditions of decentralization of power with the help of the developed cycle of implementation
of Participatory Budgeting will promote the establishment of a social dialogue between local authorities and
residents of the territorial community, creating conditions for the participation of residents of the territorial
community in a transparent budgetary process to meet their needs.
 
Date 2018-07-31T07:48:48Z
2018-07-31T07:48:48Z
2018
 
Type Article
 
Identifier Sirenko N. Prospects for implementing participatory budgetingas an effective instrument for implementingbudgetary policy at the local level / N. Sirenko, O. Melnyk, N. Shyshpanova // Baltic Journal of Economic Studies. - 2018. - Vol. 4. - No. 2. - Р. 222-228.
http://dspace.mnau.edu.ua/jspui/handle/123456789/4416
 
Language en
 
Format application/pdf