The possibilities seem to us very important and those which outweigh risks and open wide the way to improve the living conditions within the territorial areas. These include: attracting grant support from other donors and the budgets of all lev els. mediating principles of the Project to other areas and the development agenda of local councils, the world's receipt of a positive experience of fundraising, improving the socio-economic status at the level of rural areas, improve morale (level of consciousness) of citizens in rural areas.
Under actual regulation of agriculture the necessary support is provided to agricultural enterprises with rather significant limitations as a result of market failures, that is situations in which self-financing business entities are not able or have no stimuli to produce an optimal amount of output due to external effects, incomplete information etc. Under such conditions governmental interference can be regarded as one of the methods of regulation to redistribute of financial resources, provided that financial support of agricultural production prevents financial losses and ensures efficiency of the branch financing
UA:Стаття присвячена обґрунтуванню методичного підходу до визначення обмежень на недоотриманий капітал, який є суттєвою загрозою фінансування дефіциту бюджету держави. Розглянуто заходи мінімізації загрози фінансування дефіциту бюджету України. Доведено, що в контексті поточної макроекономічної ситуації, великі обсяги недоотриманого капіталу посилюють загрозу неефективного забезпечення платіжного балансу, не спонукають до тісного взаємозв'язку легальних і нелегальних фінансових потоків, не дозволяють визначити реальне призначення залучених ресурсів та їх цільову спроможність фінансувати дефіцит бюджету. Використано методи оцінки обсягів недоотриманого капіталу, які дозволили провести макроекономічний аналіз рівня гарантованого покриття державного боргу та його обмежень по відношенню до валового національного продукту держави. Виявлено, що бюджетно-податкова політика як інструмент перерозподілу ВВП в короткостроковому періоді є макроекономічним стабілізатором протидії маховика інфляції, в довгостроковому – стабілізатором законодавчих змін щодо податкового навантаження. EN:The article is devoted to the substantiation of a methodical approach to setting limits on foregone capital, which is a major threat to the financing of the deficit of budget of the country. Measures to minimize threats of financing of budget deficit of Ukraine are considered. It is proven that in context of the current macroeconomic situation, large amounts of foregone capital increase the threat of ineffective provision of balance of payment, does not encourage the close relationship of legal and illegal financial flows, does not allow us to determine the real purpose of attracted resources and their target ability to finance the deficit of a budget. Evaluation methods of amounts of foregone capital are used that allow conducting macroeconomic analysis of guaranteed public debt coverage level and its limitations in relation to the gross domestic product of the country. It is determined that fiscal policy as a tool of redistribution of gross domestic product in the short term is a macroeconomic stabilizer of counteraction of inflation flywheel, in long term is a stabilizer of legislation changes in relation to tax burden.
The article deals with the need to minimize the impact of "withdrawal capital" to finance the budget deficit of Ukraine. It is proved that a large amount of "withdrawal capital" increases of the threat of inefficient provision of the balance of payments, does not encourage a close relationship of legal and illegal financial flows, does not allow to determine the actual destination of mobilized resources and their ability to finance the budget deficit. The fiscal policy as an instrument of redistribution of GDP in the short run is a macroeconomic stabilizer of counter inflation in the long period - stabilizer of legislative changes in the taxes and fiscal transfers to help vulnerable populations. The budget debt management policy should be seen as an activity of the state as the borrower and the guarantor of its obligations, including the coordination of objectives and methods to reduce the debt burden in the budget of Ukraine
