The budgetary mechanism of the national economic development model: Political aspects

Abstract

The main objective of the article was to study the legal and economic aspects of the formation of the budgetary mechanism of the national model of economic development. It is possible to ensure the dynamic processes of economic development of Ukraine only through effective regionalization, which significantly increases the requirements for the formation and use of the financial potential of the regions, which requires the development of strategic priorities for public financial management of the region as a whole. The research methodology involved the use of modern theoretical methods of analysis within the framework of dialectics. As a result of the analysis, the key aspects of the budgetary mechanism of the national model of economic development in Ukraine were characterized. It is concluded that, the study has a number of limitations in conducting a purely theoretical analysis. Further research should be devoted to the examination of digital technologies for the formation of the budget mechanism of the national model of economic development, among other aspects.