Senior Research Scientist at the Department of International Taxation Experience Studies at Scientific and Research Centre of National State Tax Service University of Ukraine
INSTITUTIONAL SUPPORT SYSTEM OF BUDGET PROCESS IN UKRAINE
Background. In limited financial resources circumstances the rational allocation and using of budget funds has priority for Ukraine. The effective organization and implementation of the budget process influence on the efficacy of fiscal policy, the main function of which is to maintain financial and economic stability of the state and adequate standard of living. In this context, the crucial question is the theory and methodology of institutional support budget process in Ukraine.
The aim of the article is to examine existing approaches to the interpretation of institutional architectonics and forming on their basis author's position that meets the requirements of today and will be used in practice, particularly in the formation of the institutional provision of budget process in Ukraine.
Materials and methods. In this paper, the following general scientific methods as dialectical, method of scientific knowledge, systematic and institutional approach to the study of the budget process were used, which enabled to provide conceptual integrity of the study.
Results. In the article existing approaches to understanding the nature of institutional architectonics of budget relations in Ukraine were analyzed, author's definition of "institutional architectonics of the budget process" was indicated and an interpretation of its basic laws was presented. The article has developed the model of institutional architectonics of the budget process, which is the basis for the formation of its institutional support and characterized its structural elements: institutes, institutional and relations between them, which are characterized by synergy. It was established, that the formation of the system of institutional supporting of the budget process provides that basic and derivatives institutes, structural and infrastructural institutions acting within institutional and law limitations and realize its influence thought adaption instruments. Important role in the model of institutional architectonics of the budget process takes the adaptive tools implementing the budget process, which are a set of activities that coordinate the budget process. In particular, these tools include: strategic budgeting, transparency of the budget process, stability of institutional support and financial incentives and sanctions, internal control institutions, electronic portal budget 'E-Budget', fiscal decentralization, budget monitoring and program method.
Conclusion. It was established that the model of institutional architectonics of budget process is the basis for the formation of its institutional support and functioning on the basis of the synergistic and consists of basic and derived budgetary institutions that determine the movement of budgetary resources for specific directions and structural and infrastructural institutions providing organizational and administrative coordination interaction of fiscal relations with the appropriate institutional and legal framework and implementation of adaptive tools. The leading role in the system of institutional support of budget process is given to synergistic communication, which in joint actions defined in the model architectonics of budgetary institutions and institutions can afford to increase the budget process in Ukraine. In the applied aspect of institutional values architectonics is to establish the dynamic equilibrium of subsystems of institutional support of budget process and the effective and efficient management of public funds.
Keywords: budget process, institutional architectonics, the system of institutional support.
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