Karpukhno I. Interbudgetary relations in structure of state finance

Object of research: processes of interbudgetary relations as the constituent of state finances. Purpose of research: development of conception of im-provement of interbudgetary relations in the condi-tions of economy in transition of Ukraine on the ba-sis of complex research of theoretical and practical aspects of functioning and application of interbudg-etary relations. Methods of research: methods of scientific abstraction, historical and logical methods, structurally-functional method, comparability method, methods of analogy, analysis and synthesis, induction and deduction. Results: clarification of the economic category "interbudgetary relations", con-cepts "budgetary policy"; forming conception and basic directions of development of interbudgetary relations of modern Ukraine in the conditions of pre-vailing of markets relations; mechanisms of har-monization of interbudgetary relations in the condi-tions of transitional economy; improvement of exis-tent method of analysis of the state budget inter-budgetary relations and fiscal policy; it is proved that the level of the government spending and profits of the state depends both on the stage of its develop-ment and from the dominating socio-cultural and socio-psychological values of society; development of theory of adjusting of interbudgetary relations in the direction of strengthening of own capital base of local budgets; addition of theory and methodology of analysis of public sector of market economy; by an author position is grounded that taxes and tax pol-icy come forward as a form, to which acquire pro-duction inputs the various public benefits given by the state to the citizens and which it is not enough is effectively made in the private sector of economy; ground of necessity of realization of decentralization of the budgetary system on the basis of estimation of depth of financial centralization and simultaneous increase of responsibility of local authorities for the decisions accepted by them. Novelty: conception of forming of interbudgetary relations of modern Ukraine; directions of development of interbudgetary relations of modern Ukraine in the conditions of pre-vailing of markets relations; mechanisms of har-monization of interbudgetary relations. Field of use: branch of industry.