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

Author

Listed:
  • Vlasyuk Valeriy Ye.

    (Dnipropetrovsk State Finance Academy)

  • Byk Liliya I.

    (Dnipropetrovsk State Finance Academy)

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.

Suggested Citation

  • Vlasyuk Valeriy Ye. & Byk Liliya I., 2013. "Specific features of realisation of socio-economic interests of Ukrainian regions with the help of financial mechanisms," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 4, pages 192-197.
    • Handle: RePEc:idp:redpoe:y:2013:i:4:p:192_197
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