The Influence Of The Gross Regional Product On The Formation Of The Financial Potential Of The Region

Authors

1 Finance Department, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine.

2 Global economy Department , National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine.

3 University of State Fiscal Service of Ukraine, Irpin , Ukrain.

4 Department of Analysis and Statistics, Vinnitsa National Agrarian University, Vinnitsa, Solar

10.22094/joie.2020.677843

Abstract

The relevance of the research topic is due to the fact that in the current economic conditions, the availability of sufficient financial resources in the regions of Ukraine is a prerequisite for the formation of their strong financial potential and the basic basis for ensuring sustainable economic development of the regions. Therefore, the issues of shaping and enhancing the financial capacity of the region, as well as improving the efficiency of the use of available resources, are of particular importance today. In the work a comparative analysis of the dynamics of the financial potential of the region with the help of statistical-accounting and indicative methods is carried out.in the process of research, scientific methods were used: induction and deduction - in assessing the volume of financial potential and its effectiveness; statistical analysis - in the process of analyzing the financial potential of the region; economic and mathematical modeling - to substantiate strategic directions of formation of financial potential of the region. The result of the study is clearly defined tendencies of economic development of the regions of Ukraine on the basis of their financial potential and reasons for deepening differentiation of development.

Graphical Abstract

The Influence Of The Gross Regional Product On The Formation Of The Financial Potential Of The Region

Keywords


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