Financial mechanism of state land regulation in Ukraine
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Author(s)Serhiy FrolovLink to ORCID Index: https://orcid.org/0000-0001-9374-7274
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Nataliya PedchenkoLink to ORCID Index: https://orcid.org/0000-0001-5093-2453
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Nataliya VygovskaAffiliation: Doctor of Economics, Professor, Zhytomyr State Technological University -
DOIhttp://dx.doi.org/10.21511/afc.01(1).2017.02
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Article InfoVolume 1 2017, Issue #1, pp. 15-22
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176 Downloads
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The paper is devoted to research of existing variants of land reform in Ukraine towards cancelling the moratorium on the sale-purchase of agricultural lands. The authors prove that the financial function of the land is realized insufficiently, which is connected with the absence of open land market and ineffective functioning of state land regulation financial mechanism. The aim of the paper is to substantiate the directions of state land regulation in Ukraine on the basis of evaluating the economic effect of cancelling the moratorium on the sale-purchase of agricultural lands. The authors analyzed three most likely variants of land reform at the current stage of Ukraine’s economy development, and calculated economic effect from its implementation. Based on the calculations, conclusion is made about the feasibility of gradually cancelling the moratorium, which corresponds to third variant under study, which is offered to be implemented in two stages: 1) sale of state and community lands; 2) sale of private lands. Economic effect of implementing such a variant, calculated by the authors, gives a possibility to create additional annual cash flow to local budgets in the amount of 68-83 %, which is more than the revenue of other variants described in the paper. It is proven that for possibility to put the variant offered into practice, it is necessary to observe some prerequisites (organizational, financial, legal and regulatory), valuation of which enabled to offer the directions to improve state land regulation, the realization of which would favor the full functioning of agricultural land market.
- Keywords
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JEL Classification (Paper profile tab)R52, Q15
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References21
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Tables3
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Figures2
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- Fig. 1. Financial mechanism of state land regulation
- Fig. 2. Expected price of 1 hectare of agricultural land after cancelling the moratorium
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- Table 1. Dynamics of land resources in 2006 and 2012-2016 years
- Table 2. Calculation of economic benefit of continued implementation options (cancel) the moratorium on the sale-purchase of agricultural land
- Table 3. The average price of 1 hectare of land resources in foreign countries
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Strategic view on the rental policy in the field of environmental management
Yuliia Halynska
doi: http://dx.doi.org/10.21511/ppm.16(1).2018.01
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doi: http://dx.doi.org/10.21511/ppm.15(2-2).2017.03
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Currently the most optimal agrarian sectors of the region have an innovative development scenario in which innovative resources are used, shifting resource-technological equilibrium in the direction of production growth through more efficient use of natural, financial and other resources as an additional source of sustainable development of the regional agrarian systems.
A targeted model of sustainable development of the Vinnitsa region agrarian sector has been developed on the basis of an innovative scenario that envisages achieving this by giving the agrarian sector of the region the main and basic guidelines of development by means of organizational and rational interaction of agroindustrial regional system with the external environment, ensuring its ability to self-development, efficiency of functioning, flexibility and adaptability. -
Main features of Ukrainian monetary policy during the post-crisis economy reformation
Taisiya Krushelnytska ,
Olena Kakhovska ,
Oleksandr Kurinnyi ,
Olga Matveieva
doi: http://dx.doi.org/10.21511/bbs.12(4-1).2017.07
Banks and Bank Systems Volume 12, 2017 Issue #4 pp. 189-202 Views: 1183 Downloads: 276 TO CITE АНОТАЦІЯThe article is devoted to the Ukrainian monetary policy in the period of post-crisis structural reformation. Overcoming consequences of the deepest in Ukraine’s new history economic, social and political crisis become a starting point for modernization of the whole administration system and policy provided. In that period, monetary policy has been changed significantly. It was provoked by necessity for state regulator to respond to act on complex of unexpected challenges. Main features of monetary policy in 2013–2016 (active regulation, stabilization and maintaining proper equilibrium in the economic system; implementation of IMF program; gradual intensification of administrative measures; inflation targeting; influencing the regime of floating exchange rate; prices stabilization; focusing on equilibrium in the balance of payments; mobilization operations restraining; growth of the monetary base; monetary policy measures have generally been a response to fiscal policy and geopolitical policy of Ukraine) are highlighted.
