Sustainability and security of public budget of the visegrad group countries

• Autorzy: Buriachenko Andrii , Zakhozhay Kostyantyn , Liezina Anastasiia , Lysak Volodymyr

Identyfikatory

DOI

10.32933/ActaInnovations.42.6

• Języki publikacji: EN

Abstrakty

EN

The article examines the theoretical principles of studying sustainability and security of public budget of the Visegrad Group countries and determines that indicators of the normal functioning of the economy and ensuring a decent social standard of living of the population are reaching the limits of relevant indicators, some of which are approved by international standards. At the same time, the authors identified the absence of a single system of macrofinancial indicators of sustainability and security of public budget proposing to create it, including twelve ratios reflecting levels of debt security, deficit load on the economy, debt load on the population, budgetary independence, efficiency, population well-being, productivity, economic efficiency, as well as the effectiveness of financial support for health and education, elasticity of income and expenditure from the change in GDP of the Visegrad countries. Analytical calculations of the above-mentioned macro indicators in the dynamics made it possible to draw qualitative conclusions on compliance with the sustainability and security of public budget of the Visegrad Group countries, identify possible threats to national economies and prevent the consequences in case of non-compliance with standards. Based on the results of correlation-regression analysis, the authors determined the indicators that have the greatest impact on the resultant factor-the ratio of the level of deficit load on the economy of the investigated countries. It made it possible to analyze the real situation in the economy, to determine the level of sustainability and security of public budget and to give the necessary suggestions and recommendations.

Słowa kluczowe

EN

sustainability of public budget; security of public budget; Visegrad group countries; economic development; macroeconomic analysis

PL

stabilność budżetu publicznego; bezpieczeństwo budżetu publicznego; kraje Grupy Wyszehradzkiej; rozwój gospodarczy; analiza makroekonomiczna

• Wydawca: Centrum Badań i Innowacji Pro-Akademia ; Ukrainian Academy of Sciences - Research and Development Centre for Industrial Problems of Development
• Czasopismo: Acta Innovations
• Rocznik: 2022
• Tom: no. 42
• Strony: 71--88
• Opis fizyczny: Bibliogr. 21 poz.

Twórcy

autor

Buriachenko Andrii

• Department of Finance, Kyiv National Economic University named after Vadym Hetman 54/1 Peremogy ave., Kyiv, 03057, Ukraine

• https://orcid.org/0000-0002-7354-7491

autor

Zakhozhay Kostyantyn

• Department of Finance, Kyiv National Economic University named after Vadym Hetman 54/1 Peremogy ave., Kyiv, 03057, Ukraine

• https://orcid.org/0000-0003-1001-8012

autor

Liezina Anastasiia

• Department of Economics and Entrepreneurship Kyiv National Economic University named after Vadym Hetman 54/1 Peremogy ave., Kyiv, 03057, Ukraine

• https://orcid.org/0000-0003-0516-6598

autor

Lysak Volodymyr

• Department of Management, Kamianets-Podilskyi Ivan Ohiienko National University 61 Ohiienko Street, Kamianets-Podilskyi, Khmelnytsky Region, 32301, Ukraine

• https://orcid.org/0000-0001-8469-4166

Bibliografia

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Uwagi

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).