Local finance transparency in Ukraine

Abstract

Transparency in public and local finance is one of the most important factors in building a democratic society with high level of public confidence in the government. Democratic shifts in a country will only take place if citizens perceive the country’s government and local self-government as fully transparent and controlled by them. Citizens will be able to support and cooperate with the government if it informs them of all public activities: decision-making, financial reporting, planning, local budget expenditures, etc. Transparency in the formation and use of local financial resources is the most sensitive issue.Local finance transparency has been studied from the perspective of 21 online portals of local authorities from four Ukrainian regions, geographically remote in the context of two main blocks, namely, the state of public procurement and the budget process. The portals of Lviv, Vinnytsia, Sumy, Mykolaiv administrative centers and the city of Kyiv were identified in each region (oblast), and in each oblast, four cities with the district status, which are the largest by population, were identified. Significant discrepancies in local finance transparency have been identified, as portals of regional centers and a small number of districts have high levels of transparency. The vast majority have low transparency in local finances. In addition, the level of community involvement in the regional development problems through social networks was analyzed. The population of small cities was found to be more active. Most local governments should pay attention to the low level of portals in terms of making them user-friendly.

Local Finance Transparency in Algeria: An Attempt To Diagnose The Official Portals of Local Authorities

“…The present study is based on an exploratory and analytical methodology (Shkolnyk et al, 2019). Once the target sample was selected, official portals comprising departments and municipalities were identified.…”

“…The official portals of selected local authorities were analyzed according to previous research framework (Shkolnyk et al, 2019) .…”

“…-Analysis of the level of development of official public portals (Caba, Lopez and Acerate, 2006). -Analysis of financial and budgetary content of official public portals (Laswad, Fisher and Oyelere, 2005) and (Shkolnyk et al, 2019). -The explanation of factors associated with the development of e-government (Kim, 2007;Gandia and Archidona, 2008).…”

Government Transparency as Ukrainian Territorial Communities’ Economic Development Factor

“…Researchers chose two areas of assessment: public procurement and the budget process to analyze the transparency of public finances at the local level. The proposed methodology was based on a survey of citizens of four regions of Ukraine [12]. Other investigators led by Buhtiarova developed a methodology for assessing the transparency of public finance in Ukraine in 6 stages.…”

Diagnostics оf Transparency оf Ukrainian Banking Institutions Using Multivariate Analysis Methods

“…Thus, effective management of banking transparency becomes a prerequisite for all actors operating in the banking market to be able to make effective financial decisions. It also provides opportunities for analysing, planning and predicting the sustainable socio-economic recovery of the state (Makarenko et al, 2020;Bukhtiarova et al, 2020;Shkolnyk et al, 2019). Therefore, optimal transparency management in the banking sector is an important issue today.…”