Tymoshenko A. The fiscal policy of Ukraine in terms of European integration

The generalization of theoretical approaches for the definition of "fiscal policy" essence made it possible to propose author's definition, it is a complex mechanism that combines various tax and budgetary tools, through which one can influence on the qualitative economic indicators of economic entities, development of administrative territories, financing for social sphere, creation of conditions for the internal and external investments involving, etc., that contributes to the expansion of the conceptual apparatus of financial science. It has been proved that, despite the relatively insignificant period of the existence of fiscal policy, it has always played a leading role in the functioning of any state. It is argued that the globalization of the economic system leads to changes in fiscal policy, the purpose of which is to meet the needs of the state and its population. The development of theoretical approaches to the transformation of fiscal policy most fully covers such concepts as: the concept of competitive advantages and the concept of internationalization of economic processes