Determinants of the Growth of the Financial-Economic Potential of Rural Territorial Communities of Ukraine

Larysa O. Vdovenko, Olena V. Martseniuk, Oksana L. L. Ruda, Denys V. V. Titov, Karyna S. S. Kholiavitska


The article considers the determinants of the growth of the financial-economic potential of rural territorial communities of Ukraine. A methodical approach to assessing the determinants of the growth of financial-economic potential of rural communities in terms of three components which would be able to independently form the functional basis of resource orientation of territories for socio-economic development and cooperation in the business environment is developed. The effectiveness of budget policy in increasing the financial-economic potential of rural communities to fill rural budgets with a resource base to ensure their financial capacity and coordination of socio-economic development, in the long run, is proved. The model of the growth of the financial-economic potential of rural territorial communities is developed. The main factors and criteria for the growth of the financial-economic potential of the rural territorial community are identified. Indicators of the growth of financial-economic potential of rural territorial communities (RTC) in the regional system are presented. The share of tax revenues in the revenues of rural budgets of European countries is determined. The size of incomes and expenses of rural territorial communities on average per one region is analyzed. An algorithm for diagnosing the growth of financial-economic potential of rural territorial communities in the regional system has been developed. The forecast integrally normalized index of the growth of financial-economic potential of rural territorial communities of Ukraine by its components in the regional system of Ukraine is determined.


Financial support; Budgetary support; Financial resources; Tax revenues; Budget revenues; Budget expenditures


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DOI: 10.33687/ijae.009.00.3969


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