Scientific and practical journal
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Regional Economy
   



Voznyak Halyna Vasylivna



Voznyak Halyna Vasylivna

Doctor of Economics, Senior Researcher

Leading Researcher of the Department of regional financial policy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: gvoznyak@gmail.com

Webpages:



Coauthors



Benovs'ka Liliya Yaroslavivna

Kaspshyshak Andriy Volodymyrovych

Kozoriz Mariya Andriyivna

Savchuk Nataliya Volodymyrivna

Storonyans'ka Iryna Zenoviyivna



Publications



Repository of Dolishniy Institute of Regional Research UDC 314.72; JEL F02, J18, J48
Voznyak, H. V., Savchuk, N. V., & Kaspshyshak, A. V. (2023). Vymushena mihratsiya v umovakh viyny v Ukrayini: instytutsiyni problemy intehratsiyi do zhyttya v novykh hromadakh [Forced migration in the conditions of war in Ukraine: institutional problems of the integration into life in new communities]. Rehional'na ekonomika - Regional Economy, 107 (1), 45-54. DOI: https://doi.org/10.36818/1562-0905-2023-1-5 [in Ukrainian].

Sources: 18


The war, along with the need to strengthen the resilience of communities and support the affected population, has actualized the problem of protecting the rights and guarantees of internally displaced persons and fulfilling the proper obligations of the state in the conditions of intensified hostilities in Ukraine. Therefore, the gaps in the current legislation regarding the support of IDPs’ integration into life in new communities should be analyzed and identified. The article aims to analyze the institutional foundations of the protection of the rights and guarantees of internally displaced persons and to identify the legislative “gaps” in support of the integration of internally displaced persons into new communities in the conditions of war in Ukraine. The institutional principles of protecting the rights and guarantees of internally displaced persons are analyzed. Legislative conflicts/gaps, which slow down the pace of adaptation, and thus the integration of displaced persons into the life of host communities, are identified. The study reveals that the procedure for registration/re-registration of internally displaced persons is not fully standardized; the mechanisms for obtaining financial assistance are imperfect; there is a shortage of affordable housing; it is difficult to ensure unhindered access to medical services; there are problems with the employment of internally displaced persons due to the lack of vacancies and the mismatch of their qualifications with the requirements of the labor market. The Strategy for the Integration of Internally Displaced Persons until 2024 and the plan for its implementation are analyzed. Benefits and risks are emphasized. The article argues that information activities and popularization of entrepreneurship among IDPs by conducting various educational trainings will contribute to the birth of an idea and own businesses, but financing, introduction of benefits and incentives, or material support are more effective factors in the integration of IDPs by increasing their employment. The timely introduction of a tool for monitoring the problems and needs of internally displaced persons was emphasized, given the need to improve the integration of residents into host communities. 
internally displaced persons, war, territorial communities, migration, integration 



Repository of Dolishniy Institute of Regional Research UDC 336.764.1:352/354:005; JEL R50, H70, O18
Voznyak, H. V. (2022). Pidpryyemnyts'ki aktyvy terytorial'nykh hromad: teoretyko-kontseptual'ni aspekty upravlinnya [Entrepreneurial assets of territorial communities: theoretical and conceptual aspects of management]. Rehional'na ekonomika - Regional Economy, 103 (1), 5-13. DOI: https://doi.org/10.36818/1562-0905-2022-1-1. [in Ukrainian].

Sources: 12


The decentralization reform in Ukraine is recognized as one of the most successful by both domestic and European experts. The Government emphasizes the transfer of executive authorities’ responsibilities to local governments, their distribution between levels following the subsidiarity principle, and the creation of a sufficient resource base for local governments to exercise their powers as major tasks of the second decentralization stage. Therefore, there is a need to find new approaches to building an effective business asset management system at the local level. The purpose of the article is to substantiate the theoretical and conceptual foundations for the management of business assets of territorial communities in Ukraine. The article reveals the essence of «business assets of the territorial community» and defines their characteristics and place in the structure of assets of the territorial community. The expediency of identifying business assets by a certain classification criterion (by the form of operation, by the nature of ownership, by the impact on development, by type of activity, and by type of participation in the economic process) is substantiated. The vision of the management of business assets of territorial communities is offered and characterized, which provides a combination of processes of planning, analysis (dynamics of formation and use of assets), motivation (for leaders and managers) and control; choice of management model (growth, restructuring, stabilization and and survival); a clear definition of tasks and principles of management. The purpose of business asset management is to ensure the profitability of assets and increase the economic capacity of the local community. Emphasis is placed on the need to reduce the operating cycle and accelerate the turnover of inventories and finished products, optimize the structure of fixed assets, upgrade obsolete equipment, introduce new technologies or develop new capacity, etc. as key determinants of effective business asset management policy. 
assets, entrepreneurial assets, territorial community, development, asset management 



Repository of Dolishniy Institute of Regional Research UDC 332.122:332.021(477); JEL О18, О32, О38
Voznyak, H. V. (2021). Teoretyko-metodolohichni aspekty formuvannya modeli smart-spetsializatsiyi rehioniv Ukrayiny [Theoretical and methodological aspects of forming a model of smart specialization of the regions of Ukraine]. Rehional'na ekonomika - Regional Economy, 100 (2), 27-36. DOI: https://doi.org/10.36818/1562-0905-2021-2-3. [in Ukrainian].

Sources: 16


Given that Ukraine has set a course to build a European model of strategic planning for regional development, it is high time to adopt a new regional development policy, which would take into account the specialization of the region and be multilevel, innovation-oriented, and aimed at strengthening the competitive advantages of regions. The purpose of the article is to substantiate the theoretical and methodological principles of implementation of the smart specialization model in the domestic practice of regional development strategy development. The article considers the theoretical and methodological aspects of a regional development strategy based on smart specialization. The essence features and expediency of the introduction of reasonable specialization at the regional level are emphasized. The dual nature of its functioning is revealed, namely: as a tool of regional development policy and as a concept (technology) of determining priorities for policy development to maximize the innovation capacity of the region. The principles of regional strategies development based on smart specialization are given. The paper provides a vision of developing a regional strategy based on smart specialization, which provides a logical sequence of stages, with a clear definition of tasks, a list of scientific methods, methodological approaches and principles. The ambiguity of the concept of smart specialization is emphasized and the existence of several methodological obstacles to the implementation of smart strategies is substantiated, namely, it is not obvious whether regions with different levels of economic development will benefit equally from its implementation. The paper proves that despite several problems, the solution of which lies in finding a balance of interests in the interaction of government, business, academia, and society, the introduction of smart specialization in the domestic practice of regional development strategy development has no alternatives. 
smart specialization, strategizing, regional development, regional strategy, economic growth, regional policy 



Repository of Dolishniy Institute of Regional Research UDC 332.01:336.02; JEL E60, D81, H70, R10
Voznyak, H. V., & Benovska, L. Ya. (2021). Obgruntuvannya povedinkovykh zakonomirnostey pryynyattya rishen' sub’yektamy finansovo-ekonomichnykh vidnosyn na rehional'nomu rivni [Substantiation of behavioral patterns of decision-making by financial and economic entities at the regional level]. Rehional'na ekonomika - Regional Economy, 99 (1), 72-80. DOI: https://doi.org/10.36818/1562-0905-2021-1-8. [in Ukrainian].

Sources: 14


Understanding the psychology of management decisions and the ability to avoid the most common mistakes is the success of any financial and economic projects is outlined. Under conditions of uncertainty and under the influence of personal characteristics, the economic entity cannot objectively assess the risks and prospects, which leads to irrational decisions. An important task is to find mechanisms and tools to adjust the process of irrational decision-making by regional economic actors. The purpose of the article is to substantiate the behavioral patterns inherent in the decision-making process of financial and economic entities at the regional level. The following methods were used for the study: abstract-logical, comparative analysis, graphical visualization. The article presents three models of management decisions by financial and economic entities: classical, behavioral, irrational. The peculiarities of the behavioral model and the factors influencing an entity’s irrational decision-making are revealed. The most common effects that provoke irrational behavior of regional economic entities are highlighted. The behavioral approach has been transferred to the meso level because the irrational behavior of people can be traced at all levels of government, and behavioral effects can be considered in the context of the enterprise, community, region as a group of people and as a whole “organism”. A model of irrational management decision-making by a regional economic entity is built. The consequences of irrational management decisions of regional economic entities are clarified and tools for their correction are proposed. Such tools should contribute to 1. improving the information support of financial and economic entities, eliminating the deficit and asymmetry of information, increasing the digital competencies of information consumers; 2. accumulation of behavioral financial literacy, which will reduce the negative impact of behavioral prejudices and allow to predict irrational decisions, сontrolling the behavior of financial and economic entities. 
irrational management decision, behavioral finance, region, authorities, financial economic relations 



Repository of Institute of Regional Research UDC 336.14:353:332.122(477); JEL C63, H72
Voznyak, H. V. (2017). Otsinyuvannya byudzhetnoho zabezpechennya rozvytku rehioniv Ukrayiny na osnovi taksonometrychnoho metodu [Evaluation of budget provision of regional development in Ukraine on the basis of taxonomy method]. Rehional'na ekonomika - Regional Economy, 83(1), 46-52. [in Ukrainian].

Sources: 9


In this article the rating of the budget provision of Ukrainian regions has been evaluated basing on the calculation of Euclidean distances and grouping of indicators by budget status and balance, intergovernmental cooperation, budget stability and debt load. Using of the cluster analysis allows us to classify regions by integral indicator of budgetary provision into crisis, low, medium and high level. The analysis shows uneven budget distribution and confirms the need and timeliness of fiscal decentralization. The attention is on the first results of the reform of fiscal decentralization. It is shown that with the new changes to the Tax and Budget Codes financial stability of local budgets was strengthened, resulting in the growth of budget support demonstrated by almost all regions of Ukraine. It is proved that a high proportion of social spending in the minimum capital is not able to ensure economic growth in the region. The implementation of budgetary policy should be based on unleashing the potential of the regions, considering the fundamental principles of fiscal decentralization, especially in the empowerment of local governments to accumulation and effective use of development resources. The existence of certain patterns of implementation and budgetary policy of Ukrainian regions, caused by the influence of factors of exogenous and endogenous nature, has been highlighted. 
region, evaluation, budget provision, taxonomy method, Euclidean distance 



Repository of Institute of Regional Research UDC [336.14:332.1]:005;JELB49,F02,R58
Voznyak, H. V. (2016). Metodychnyy instrumentariy otsinyuvannya byudzhetnoho zabezpechennya rehionu [Methodical instruments of evaluation of region’s budget maintenance]. Rehional'na ekonomika - Regional Economy, 79(1), 110-120. [in Ukrainian].

Sources: 19


Current economic situation in Ukraine is represented by significant asymmetry both in regional development and in budget resources availability. Therefore, maintenance of financial autonomy that directly depends on the level of local budgets revenues’ mobilization and their efficient use is one of the key problems of Ukrainian regions’ development. In this context the necessity of introduction of objective evaluation of self-sufficiency, balance and sustainability level of budget systems becomes of utmost importance. On this basis the feasibility of local government bodies’ budget policy can be considered.
The article aims to improve methodical instruments of analytical basis evaluation and forming in order to percept objective reality of region’s budget system functioning taking into account the key influence factors that change its development and in order to obtain available information on the goals and priorities of budget policy.
The article analyzes existing approaches to evaluation of region’s budget maintenance. The author pays special attention to the absence of distinct limits in the system of evaluation of «region’s financial condition», «region’s budget maintenance» and «region’s budget potential» as well as to the insufficient system of indicators that characterize the balance and sustainability of budget relations in the regions. On the basis of critical analysis and generalization the author proposes improvement of methodical approaches to evaluation of regions’ budget maintenance based on the method of comparative complex evaluation – Euclidean distances and grouping of indicators by separate evaluation directions, in particular: condition and balance of budget, inter-budget interaction, budget sustainability and debt burden (for the budgets of cities). It is stressed that individual indicators should be formed taking into account the following requirements: indicators of every group should represent certain (one) characteristics of the object under examination; close correlation links between the indicators should be observed within the group; instead, correlation links between indicators of different groups should be low. The author proves that the proposed approaches to analysis and evaluation of regions’ budget maintenance make it possible to consider the level of budget resources provision and possibilities of their use as well as to reveal budget risks and predict their neutralization measures. Budget analysis with the use of given instruments can be conducted at all levels of budget process and its results will serve as analytical basis in the practice of local self-governmental bodies. 
region, evaluation, budget maintenance, taxonomy method, Euclidean distance 



Repository of Institute of Regional Research UDC 336.14
Voznyak, H. V. (2015). Rehional'nyy rozvytok: sutnist' i metodolohichna osnova [Regional Development: the Nature and Methodological Basis]. Rehional'na ekonomika - Regional Economy, 77(3). [in Ukrainian].

Sources: 19


Transformation processes in the global economy, evolutionary change within countries, and the growth of competitiveness of regions change the nature of the relationship between management entities. In this format the state as a closed economic space activities of subnational entities gradually loses its meaning. At the same time, the importance of regions as actors in the global economy increases significantly. The purpose of this article is to deepen the theoretical and methodological provisions of the regional development in the context of socio-economic transformation. In this article the author describes theoretical approaches to understanding the essence of “region” in terms of territorial, system and management approaches. Classification of regions according to certain classification sign is proposed. the Author’s conclusions and generalizations about own vision of the essence of this term are presented. The author notes: the lack of a uniform approach to definition of essence of concept “region”; the identification of the concepts of “region, regional system, the area” with an emphasis on administrative component; feasibility to consider the region as a field of the structural system with the set of stable relationships between economic entities of the same rank, with the simultaneous existence of the order of the highest rank; enhance domestic economic capacity to ensure own development. The theoretic-methodological basis for regional development in the theoretical and methodological planes is covered. In the article the author describes the laws, principles and factors of regional development. Funding instruments for regional development and the possible institutional support are systematized. The types and models of regional development are selected. The own vision of regional development is formulated, which should be comprehended as the process of accumulation is positive, irreversible, regular changes, which lead to higher living standards in the long term. It is proved that the vector of development of the region should be focused on the reduction of subsidization, the provision of self-development by enhancing internal capabilities. Modern regional development policy should be based on such a paradigm, which would take into account the interests of regions, the achievement of intersectoral cooperation, decentralization of power and balance (budgetary, economic, social, political). 
region, growth, development, regional development, interregional integration, balance 



Repository of Institute of Regional Research UDC 336.14 (477.8)
Voznyak, H. V. (2014). Byudzhetni mekhanizmy pidtrymky rozvytku rehioniv v umovakh modernizatsiyi ekonomiky Ukrayiny [Budget mechanisms of support of regional development in conditions of modernization of Ukraine’s economy]. Rehional'na ekonomika - Regional Economy, 73(3), 205-216. [in Ukrainian].

Sources: 9


In the article the existing mechanisms of formation and implementation of the budget of regional development policy were reviewed. Their structural elements are determined and characteristics are presented. The state budget mechanisms of support of regional development which funding sources are state and local budgets. We consider the current problems of finding and accumulation of financial resources in the budget for regional development. The paper emphasis on subventions, state targeted programs, government guarantees and the State Regional Development Fund as a key budget support mechanisms of regional development.

It is proved that for the process of allocating subsidies is inherent «latent management from center», imperfect budget allocation procedure and excessive dispersion of subsidies; implementation of state programs of regional development is accompanied by lack of coordination of sectoral and regional institutions, and the use of funds of the State Regional Development Fund contains a number of shortcomings.

A number of recommendations on optimization of existing and search potential sources of the financial resources to ensure regional development is formulated. Thus, in the direction of improvement of the procedure of formation of funds of the State Regional Development Fund is advisable to establish an indicative amount of fund in policy documents of the government in the medium term with restraint adjustment of indicators no more than 10%, and the allocation of the fund is appropriate to use the index method of distribution that will ensure transparency of the procedure. In order to facilitate the flow of financial resources to the regions it is advisable to initiate the introduction of competitive selection procedure of proposals from local communities to obtain subsidies for social and economic development.

Prospects for further research in this area is the question of fiscal decentralization,   analytical research of budget mechanisms of regional development, which funding sources are local budgets. 

budget mechanisms, regional development, state budget, local budgets, grants, targeted programs 



Repository of Institute of Regional Research Storonyanska, I. Z., & Voznyak, H. V. (2014). Suchasni pidkhody do orhanizatsiyi byudzhetnoho protsesu na mistsevomu rivni [Modern approaches to the organization of the budget process at the local level]. Rehional'na ekonomika - Regional Economy, 72(2), 209-211. [in Ukrainian].



Repository of Institute of Regional Research UDC 336.14:352 (477.83)
Voznyak, G. V. (2013). Osoblyvosti formuvannya mistsevykh byudzhetiv u konteksti zabezpechennya finansovoyi spromozhnosti orhaniv mistsevoho samovryaduvannya (na prykladi L'vivs'koyi oblasti) [A Features of the Local Budgeting in the Context of the Local Governments Financial Capacity Providing (Based on Lviv Region)]. Rehional'na ekonomika - Regional Economy, 70(4), 96-105. [in Ukrainian].

Sources: 9


Modern trends formation of local budgets by the example of Lviv region have been analyzed. The composition and structure of its own financial resources of the consolidated budget of the region have been investigated. The peculiarities of providing local budgets in Lviv region own income have been established. The problem formation of local budgets in Lviv region have been highlighted and possible directions of improving processes of increasing their own revenue base have been suggested. 
local budgets, financial capability, local government, local budget revenues 



Repository of Institute of Regional Research UDC 336.14 (477.8)
Voznyak, G. V. (2013). Byudzhetne zabezpechennya rozvytku Karpats'koho rehionu: stan, problemy, perspektyvy [Budget Maintenance of Carpathian Region Development: Current State, Problems and Perspectives]. Rehional'na ekonomika - Regional Economy, 67(1), 154-163. [in Ukrainian].

Sources: 5


The analysis of the state and trends of the budget maintenance of Carpathian region development has been conducted. The features that form the budget of the problematic region have been defined and the dynamics of the indicators has been analyzed. The problems of forming of own financial resources of administrative units have been outlined and the directions of problems solutions have been proposed. 
budget, maintenance, Carpathian region, financial resources, intergovernmental transfers 



Repository of Institute of Regional Research UDC 332.1:336:005
Voznyak, H. V. (2012). Finansovyy potentsial real'noho sektora ekonomiky rehionu: pidkhody do formuvannya ta vykorystannya [Financial Potential of the Region’s Real Economy: Approaches to Creation and Use]. Rehional'na ekonomika - Regional Economy, 63(1), 107-116. [in Ukrainian].

Sources: 8


The theoretical approaches to creation and use of financial potential of the region’s real economy have been presented. The concept “financial capacity” has been analyzed. The understanding of the “financial potential of the real economy of region” and its structural elements from the author’s point of view has been proposed. The expediency of application of the value added indicators of the enterprise as efficiency criteria of their financial capacity use has been justified 
formation, use, potential, financial potential, the real sector, region, efficiency 



Repository of Institute of Regional Research Kozoriz, M. A., & Wozniak, H. V. (2010). Kapitalizatsiya rehional'nykh aktyviv [Capitalization of Regional Assets]. Rehional'na ekonomika - Regional Economy, 55(1), 251-253. [in Ukrainian].



Repository of Institute of Regional Research Voznyak, G. V. (2009). Aktyvy rehionu: problemy obliku ta kapitalizatsiyi [Assets of the Region: Problems of Account and Capitalization]. Rehional'na ekonomika - Regional Economy, 52(2), 256 p. [in Ukrainian].



Citations



Voznyak, H. V. (2016). Byudzhetna polityka rozvytku rehioniv Ukrayiny: suchasna paradyhma ta oriyentyry podalʹshykh reform [Budget policy for the development of the regions of Ukraine: Contemporary paradigm and guidelines for further reforms]. DU «Instytut rehionalʹnykh doslidzhenʹ imeni M. I. Dolishnʹoho NAN Ukrayiny». Lviv: Dolishniy Institute of Regional Research of NAS of Ukraine. {re2016.04.173.001}

Voznyak, H. V. (2016). Metodychnyy instrumentariy otsinyuvannya byudzhetnoho zabezpechennya rehionu [The methodical evaluation instruments to ensure regional budget]. Rehionalna ekonomika – Regional Economy, 1, 110-120. [in Ukrainian]. {re2017.01.046.007}

Kozoriz, M. A., Kuznyetsova, A. Ya., Storonyanska, I. Z., & Voznyak, H. V. (2010). Finansy rehionu: teoriya, problemy, praktyka [Finances of the region: theory, problems, practice]. Kyiv: UBS NBU. [in Ukrainian]. {re2019.02.036.004}

Storonyanska, I. Z., Kozoriz, M. A., Davymuka, S. A., & Voznyak, H. V., et al. (2013). Upravlinnya finansovymy resursamy’ mistsevykh byudzhetiv L’vivshhyny: problemy ta napryamy pidvyshchennya efektyvnosti [Management of the analyzed resources of local budgetary structures in Lviv region: problems and directions of increase of efficiency]: Scientific report. Lviv: IRR NASU. [in Ukrainian]. {re2019.03.088.003}

Voznyak, H. V. (2017). Otsinyuvannya byudzhetnoho zabezpechennya rozvytku rehioniv Ukrayiny na osnovi taksonometrychnoho metodu [Estimation of budget support for development of regions of Ukraine on the basis of taxonomic method]. Rehional’na ekonomika – Regional Economy, 1, 46-52. [in Ukrainian]. {re2019.03.106.001}

Voznyak, H. V. (2015). Byudzhetna polityka v umovakh transformatsiyi finansovykh osnov mistsevoho samovryaduvannya v Ukrayini [Budgetary policy in terms of local self-government financial basis transformation in Ukraine]. Ekonomichnyy chasopys-XXI – Economic Annals-XXI, 5-6, 82-85 [in Ukrainian]. {re2019.04.113.003}

Voznyak, H. V. (2016). Byudzhetna polityka rozvytku rehioniv Ukrayiny: suchasna paradyhma ta oriyentyry podal’shykh reform [Budget policy of development of regions of Ukraine: modern paradigm and guidelines for further reforms]. Lviv: Dolishniy Institute of Regional Research of NAS of Ukraine. [in Ukrainian]. {re2020.02.017.005}

Voznyak, H. (2016). Byudzhetna polityka rozvytku rehioniv Ukrayiny: suchasna paradyhma ta oriyentyry podal’shykh reform [Budget policy of development of regions of Ukraine: modern paradigm and guidelines for further reforms]. Lviv: Institute of Regional Research named after M. I. Dolishniy of NAS of Ukraine. [in Ukrainian]. {re2022.01.051.006}

Voznyak, H., Mulska, O., & Bil, M. (2021). Migration aspirations of territory population: A case study of Ukraine. Problems and Perspectives in Management, 19(2), 217-231. DOI: http://dx.doi.org/10.21511/ppm.19(2).2021.18 {re2022.02.047.001}

Voznyak, H. V. (2022). Pidpryyemnyts’ki aktyvy terytorial’nykh hromad v umovakh viyny: novi vyklyky ta problem upravlinnya [Business assets of territorial communities in war conditions: new challenges and management problems]. Finansy Ukrayiny – Finances of Ukraine, 3, 38-52. DOI: https://doi.org/10.33763/finukr2022.03.038 [in Ukrainian]. {re2022.02.094.006}

Voznyak, H. V. (2021). Teoretyko-metodolohichni aspekty formuvannya modeli smart-spetsializatsiyi rehioniv Ukrayiny [Theoretical and methodological aspects of the formation of a model of smart specialization of the regions of Ukraine]. Rehional’na ekonomika – Regional economy, 2(100), 27-36. DOI: https://doi.org/10.36818/1562-0905-2021-2-3 [in Ukrainian]. {re2022.04.021.006}

Voznyak, H., Panukhnyk, O., Khymych, H., & Popadynets, N. (2019). Development of regional economic systems under the impact of financial decentralization: display, challenges and new opportunities. Advances in Economics, Business and Management Research. Proceedings of the 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019) (pp. 121-126). DOI: https://doi.org/10.2991/mdsmes-19.2019.24 {re2022.04.021.007}

Voznyak, H., Panukhnyk, O., Khymych, H., & Popadynets, N. (2019). Development of regional economic systems under the impact of financial decentralization: display, challenges and new opportunities. In Advances in Economics, Business and Management Research. Proceedings of the 7th International Conference on Modeling (pp. 121-126). DOI: https://doi.org/10.2991/mdsmes-19.2019.24 {re2022.04.027.006}

Voznyak, H., Panukhnyk, O., Khymych, H., & Popadynets, N. (2019). Development of regional economic systems under the impact of financial decentralization: display, challenges and new opportunities. In Advances in Economics, Business and Management Research. Proceedings of the 7th International Conference on Modeling (pp. 121-126). DOI: https://doi.org/10.2991/mdsmes-19.2019.24 {re2022.04.033.006}

Voznyak, H., Panukhnyk, O., Khymych, H., & Popadynets, N. (2019). Development of regional economic systems under the impact of financial decentralization: display, challenges and new opportunities. Advances in Economics, Business and Management Research. Proceedings of the 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019). Р. 121-126. DOI: https://doi.org/10.2991/mdsmes-19.2019.24 {re2023.01.034.004}

Voznyak, H. V. (2017). Byudzhetne vyrivnyuvannya: teoretyko-metodolohichni aspekty [Fiscal equalization: theoretical and methodological aspects]. Finansy Ukrayiny – Finances of Ukraine, 4, 42-54. [in Ukrainian]. {re2023.02.021.008}

Voznyak, H., Panukhnyk, O., Khymych, H., & Popadynets, N. (2019). Development of regional economic systems under the impact of financial decentralization: display, challenges and new opportunities. In Advances in Economics, Business and Management Research: Proceedings of the 7th International Conference on Modeling (pp. 121-126). DOI: https://doi.org/10.2991/mdsmes-19.2019.24 {re2023.03.028.005}

Voznyak, H. V. (2017). Byudzhetne vyrivnyuvannya: teoretyko-metodolohichni aspekty [Fiscal equalization: theoretical and methodological aspects]. Finansy Ukrayiny – Finances of Ukraine, 4, 42-54. Retrieved from http://finukr.org.ua/docs/FU_17_04_042_uk.pdf [in Ukrainian]. {re2023.04.013.002}


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