Equalization Transfer Optimization and Its Role in Socio-Economic Development of the Territorial Units
Conference: Peculiarities of Countries' Integration into the World Economic, Politic and Law Area, Volume: 5 (2018)
Posted: 14 Mar 2019
Date Written: December 7, 2018
In the paper, the budgetary relationships between the center and the region are studied in the aspect of income distribution; the analyzes of the shortcomings are implemented being characterized for revenue distribution and preventing socio-economic equalization of territorial units and their development. The paper substantiates and provides recommendations for improvement of budgetary relationships to strengthen their further financial independence. The objective of the study is the budget formation of territorial units based on the optimization of the revenue distribution and socio-economic development facilitating factors of territorial units.
Keywords: Budget Systems, State and Local Borrowing, Intergovernmental Relations, Equalization Transfer
JEL Classification: H30, H61, H74, H77, G38, R11
Suggested Citation: Suggested Citation