Boronos V. Financial potential of the territory in the state financial policy: methodology and practice of management

The dissertation contains a comprehensive research of the methodology and practice of management of a territory's financial potential during the realization of financial policy and recommendations for the improvement of management of the territory's financial potential. This work studies the essence and elements of financial policy, analyzes the financial policy of Ukraine and defines the main problems in the organization and implementation of financial policy in Ukraine. To determine the perspective ways of fighting these problems, the financial policy in the developed countries is studied. The essence and elements of the financial potential of territory as well as the role and place of financial potential in the financial policy are determined. The peculiar features of management of the financial potential of different territories are described. The methodological foundations for assessing the financial potential of a territory are analyzed. We prove the decisive role of the world rankings and ratings in the formation of the financial potential of a territory and the role of rating agencies in the formation of a country's financial potential. To improve the efficiency of the management of a territory's financial potential we developed organizational and methodological approaches aimed at optimizing the relationships with the rating agencies. The role of the shadow economy in the management of a territory's financial potential is investigated. Considering the level of the financial potential used by Ukraine we developed scientific and methodological approaches to evaluate the financial potential of a territory. The conceptual foundations of certification of the regions of Ukraine on the basis of the assessment of their financial potential are offered. Fundamental principles of interbudgetary relations development on the basis of financial potential management are substantiated. Conceptual framework and methodological provisions of management of a territory's financial potential are developed.