PROSPECTS FOR IMPLEMENTING PARTICIPATORY BUDGETING AS AN EFFECTIVE INSTRUMENT FOR IMPLEMENTING BUDGETARY POLICY AT THE LOCAL LEVEL

Natalia Sirenko, Olga Melnyk, Nataliia Shyshpanova

Abstract


The purpose of the study is to determine the methodological principles for implementing Participatory Budgeting as an effective instrument of the budgetary policy at the local level, in particular, the analysis of the main risks and limitations of this process, the identification of its main stages and the features of the main types of activity, which includes each stage. Methodological bases of the study consist of general scientific methods of obtaining knowledge of economic phenomena and processes. Realization of study tasks requires the following methods: method of theoretical generalization – during the study of scientific works, regulatory legal acts; abstractlogical method – to generalize the theoretical and methodical provisions, as well as to determine the purpose of the study; method of a systematic approach – the definition of directions for improving the functioning of Participatory Budgeting as an effective instrument for implementing budgetary policy. Results. The main components, which should include Participatory Budgeting process are proposed, the purpose of which is to facilitate the establishment of a social dialogue between local authorities and residents of the territorial community, and to create conditions for the participation of the residents of the territorial community in the budgetary processes to meet their needs. The analysis of the conducted studies made it possible to determine the main risks and limitations of participatory budgeting. Practical implications. The main stages of the participatory budgeting process are outlined, in particular: the preparatory stage, the stage of budget formation and its approval, the main point of which is the establishment of a budget committee and the commencement of its work, the implementation stage, the stage of monitoring and evaluation of participatory budgeting. The main types of activity included in each stage have been studied. All of the above made it possible to develop a cycle of participatory budgeting as one of the directions of budgetary policy. We believe that the popularity of this process is determined by the benefits received by the residents, local authorities and the city in general. Value/originality. Formation and implementation of budgetary policy at the local level in the current conditions of decentralization of power with the help of the developed cycle of implementation of Participatory Budgeting will promote the establishment of a social dialogue between local authorities and residents of the territorial community, creating conditions for the participation of residents of the territorial community in a transparent budgetary process to meet their needs.

Keywords


budgetary system, budget, budget of participation, fiscal policy

Full Text:

PDF

References


Lunina, I. (2014) Budget decentralization: the goals and directions of reforms. Ekonomika Ukrainy (Economic of Ukraine), 11(636), 61-75 (in Ukr.)

Belets Zh.A. (2016) Participatory Budgeting as an Innovative Democratic Instrument of Citizen Participation in the Management of Territorial Communities, 1, [Electronic resource]. Retrieved from: http: //nbuv.gov.ua/UJRN/Ttpdu_2016_1_21

Hrynchuk N. (2016) Budgetary process at the local level in Ukraine: legal regulation, powers of local authorities, public participation: 45.

Demianchuk O.I. (2016). Innovative methods of management of local budgets of Ukraine, 21(1): 190-194.

Kravchenko T. (2015). Innovative tools for citizens to exercise their right to participate in local self-government in Ukraine, 14 [Electronic resource]. Retrieved from: http://www. dridu.dp.ua/zbirnik/2015-02(14)/22.pdf.

Demianyshyn V. (2017). Conceptual bases of the budgetary mechanism of socio-economic development of the state, 1: 77-88.

Participatory budgeting in the cities of Ukraine: regional section [Electronic resource]. Retrieved from: http://ngonetwork.org.ua

Analysis of Social Voting [Electronic resource]. Retrieved from: https://www.voting.in.ua/votings/gromadskiybyudzhet-mista-kharkiv-na-2018-rik

Buletsa N.V. (2016) Features of the process of participatory budgeting in Ukraine, 6: 159-165.




DOI: http://dx.doi.org/10.30525/2256-0742/2018-4-2-222-228

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.