Budget reform in Ukraine and the OECD countries

The article analyses the fiscal reforms in Ukraine and the OECD countries. It has been proved that the main areas which should undergo changes are the tax reform, regulatory reform and restructuring policies to encourage entrepreneurship, reform of social protection and social security, reform of social sphere constituents, administrative reform, reform of the army and law enforcement, administrative and territorial reform. According to the analysis results, there has been drawn the conclusion about the need to introduce in Ukraine the successful experience of the OECD countries in implementing budget reforms.У статті проаналізовано бюджетні реформи в Україні та країнах ОЕСР. Доведено, що основними напрямками, за якими слід проводити зміни є податкова реформа, регуляторна реформа та перебудова політики стимулювання підприємництва, реформування системи соціального захисту та соціального забезпечення, реформування складових соціальної сфери, адміністративна реформа, реформування армії та правоохоронних органів, адміністративно-територіальна реформа. За результатами аналізу зроблений висновок про необхідність впровадження в Україні успішного досвіду проведення бюджетний реформ країнами ОЕСР

Fiscal Policy Ukraine on the Modern Stage

Стаття присвячена дослідженню та аналізу фінансової політики України на сучасному етапі. Розглянуто завдання фінансової політики, визначено її основні види. Запропоновано заходи щодо оздоровлення фінансової ситуації в Україні.The article investigates and analyzes the financial policy of Ukraine today. The problem of financial policy and defined its basic types. Some measures to improve the financial situation in Ukraine

Fiscal Policy Ukraine on the Modern Stage

The article investigates and analyzes the financial policy of Ukraine today. The problem of financial policy and defined its basic types. Some measures to improve the financial situation in Ukraine.Стаття присвячена дослідженню та аналізу фінансової політики України на сучасному етапі. Розглянуто завдання фінансової політики, визначено її основні види. Запропоновано заходи щодо оздоровлення фінансової ситуації в Україні

Development of non-state pension insurance in Ukraine

The subject of the study is functioning as the private pension funds of private pension insurance and outlining the prospects of development in Ukraine. The aim is to generalize theoretical propositions operation of private pension funds, to describe their basic types and to analyze current trends and of the functioning of private pension funds as the main participants of private pension insurance, based on this outline prospects for further development of private pension insurance in Ukraine. Methodology of work. The work was based on studies of modern scientific views on the definition of the nature and development of private pensions and private pension insurance in Ukraine. The results of the work. The article deals with the problems of formation of private pension provision and operation of private pension funds. Conclusions. The main obstacles to the development of private pension insurance is insufficient state support and low level of confidence in the NPF. An important factor that impedes the development of NPF also have limitations NPF investment policy by setting a fairly narrow range of tools, which are allowed to invest pension assets. Considering the above, it is necessary to develop and carry out effective measures that would help improve the functioning of the NPF and development of private pensions in Ukraine. The primary objective should be improving control over the activities of the NPF, including the development of adequate models that will enable a realistic assessment of their level of development, their financial condition and stress (stress tests). An important task is improving the legal regulation of investment and expansion NPF instruments for investing pension assets of citizens, including their reliability, liquidity and profitability. In order to raise awareness in the private pension system in Ukraine and strengthening its confidence in the NPF should conduct ongoing outreach system. In our opinion, the state should actively promote and improve the refinery because it will deprive the solidarity system of the challenges that it faced during the years of its existence

Analysis of the implementation of state and local budgets of Ukraine

Subject of research is the state budget and local budgets of Ukraine. The goal of this research paper is to analyze the performance of state and local budgets of Ukraine. Methods which were used in course of research: generalization, comparative analysis method, statistical method and other methods. Study results. Analyzed income and expenses state and local budgets of Ukraine, inter-budget transfers. Application of results: Ministry of Finance of Ukraine, the Verkhovna Rada of Ukraine. Conclusions. The budget is a regulator of the economy, which reflects the volume of necessary state financial resources, determining the specific areas of use of funds, directs the financial activities of the state. Inefficient use of budgetary funds is a national problem. Ensuring effective use of budget funds will contribute to the stability of the financial system of the state, will be the key to expanded reproduction, a positive effect on quantitative and qualitative indicators of the economic life of the country