Abstract

Abstract Political corruption as a negative phenomenon hampers the democratic and economic development of any state. The experience of foreign countries across the world testifies to the existence of number of reasons conducive to the spread of political corruption. Its study is important both for Ukraine, which is actively taking measures to combat political corruption, and for other countries with a high level of political corruption. The article begins with a study of various approaches to understanding the concept of “political corruption”, the reasons for its emergence and determination of the level of citizens’ trust in political institutions in Ukraine and foreign countries. The main obstacles to minimizing the phenomenon of political corruption in Ukraine are the existence of an effective mechanism for financial support of political parties and control over their financial activity. Based on the analysis of scientific literature, international acts, and legislative acts of Ukraine and Lithuania, the authors disclose the experience of Ukraine and Lithuania in the sphere of state financing of political parties and control over their financial activity. The methods of descriptive comparative analysis and observation of the latest scientific research on this issue guide the work. Proceeding from the existing problem of minimizing the phenomenon of corruption in the funding of political parties in Ukraine and taking into account the development of Ukraine’s legal system, the article presents a number of proposals on improving the legislation of Ukraine on financial support of political parties. The authors also provide a proposal on the need to improve the legislation in Lithuania in the area of indirect state funding of political parties. This article aims to disclose the notion of “political corruption”, to study experience of Ukraine and Lithuania in the sphere of minimizations of corruption in the funding of political parties and control over the use of such financial support, to determine the areas for improving the legislation of Ukraine and Lithuania in this issue, and to show the optimal mechanism of overcoming corruption in political parties, since Ukraine is not the only state where this phenomenon reaches its peak.

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