ПРОБЛЕМИ СТРУКТУРИЗАЦІЇ СУЧАСНОЇ СИСТЕМИ ПУБЛІЧНИХ ФІНАНСІВ

Abstract

The article is devoted to a number of important methodological problems faced by domestic scientific researchers and policy-makers specializing in the public finance. Ukraine remains one of the few countries whose legislation lacks regulations that plainly defines the concept of the public finance system, its structure and principles of operation. The author draws attention to the fact that despite significant number of scientific studies, focused on selected components of the public finance system, Ukrainian scientists still confront with lack of fundamental works dedicated to the internal structure of public finance. A very simplified and backward approaches are dominated even in the papers of leading Ukrainian scientists. As a rule, they are mechanically borrowed from fundamental scientific works from the end of the previous century. It is a significant failure, because public finance system is characterized by a high dynamic of internal transformation. This leads to constant changes in the structure of the system and the links between its components. The problems relate to structuring of the public finance system are often perceived as a sheer theoretical topic that hasn’t practical value for researchers. In this work, the author tries to argue for the opposite thesis. The public finance system is an integral phenomenon. The lack of a clear vision of the internal structure of the public finance system does not allow to understand its complexity and the links between its constituent components. In practical terms, this problem has become a key factor of the fragmentation of the Ukrainian public finance system, which in turn has a very negative impact on the effectiveness of the mechanisms of mobilization, redistribution and financial resources’ expenditure. Understanding of this object, as well as its structure, allows one better realize the functioning of its individual elements and mechanisms of its functioning. The author draws attention to the fact that the public finance system is a dynamic object that develops in accordance with certain patterns. In this light, the internal structure of public finance is in the process of permanent transformation as well. Based on this conclusion, the author studies how the structure of public finance looks in a modern state.