THE POLICY OF FISCAL DECENTRALIZATION IN UKRAINE – BOTH POSITIVE AND NEGATIVE EFFECT

Abstract

In the article the essence of basic concepts relating to the object of research, including «decentralization», «fiscal decentralization», «fiscal federalism». Analyzes the steps the government’s policy of fiscal decentralization in Ukraine. A detailed analysis of budget indicators relating to the implementation of the decentralization policy in terms of revenue and expenditure of the consolidated, state and local budgets. Studied the interdependence of expenditures and revenues to GDP, which helped to identify and set the policy of decentralized type in the public sector of Ukraine. In this article these problems and singled out the basic directions of their decision to build an economically developed country with a policy of fiscal autonomy of local authorities.