Financial Levers of State Support for Rural Development: European Experience and Domestic Realities

The article is aimed at substantiating financial levers of state support for rural development from a theoretical and methodological viewpoint, taking into account European and domestic experience, and at developing practical recommendations for their perfecting. The study has been carried out accor...

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Autor principal:	Abramova Iryna V.
Formato:	article
Lenguaje:	EN RU UK
Publicado:	PH "INZHEK" 2021
Materias:	state support financial support financial levers european experience rural development rural areas development components Finance HG1-9999 Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/a6a545a83e9a439c9f678618b39b9cf4
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id	oai:doaj.org-article:a6a545a83e9a439c9f678618b39b9cf4
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spelling	oai:doaj.org-article:a6a545a83e9a439c9f678618b39b9cf42021-11-05T07:27:07ZFinancial Levers of State Support for Rural Development: European Experience and Domestic Realities10.32983/2222-0712-2021-3-132-1392222-07122311-1186https://doaj.org/article/a6a545a83e9a439c9f678618b39b9cf42021-09-01T00:00:00Zhttps://www.problecon.com/export_pdf/problems-of-economy-2021-3_0-pages-132_139.pdfhttps://doaj.org/toc/2222-0712https://doaj.org/toc/2311-1186The article is aimed at substantiating financial levers of state support for rural development from a theoretical and methodological viewpoint, taking into account European and domestic experience, and at developing practical recommendations for their perfecting. The study has been carried out according to the general methodological scheme of the systemic approach using the following methods: statistical and economic, computational and structural, abstract-logical, comparative and analytical, etc. The European experience of providing state support for rural development is analyzed, and ways to adapt it to the Ukrainian reality are outlined. Taking into consideration the cost structure in the joint budget of the European Union, it is clear that the EU member states pay special attention to solving economic, environmental and social issues in the context of sustainable rural development. It is determined that rural communities in Ukraine are in extremely difficult conditions, as unemployment and poverty remain widespread; the level of social, medical, educational, and cultural services provided for the rural population remains low; the infrastructural development of rural settlements is unsatisfactory. Emphasis is placed on the fact that financial support for agriculture and rural areas in Ukraine is focused mainly on their economic development. It is proved that sustainable rural development will be possible through naturally combining its economic, social and environmental components. It is determined that the key role in this process belongs to the state. It is argued that due to such levers of influence as budget financing, soft loans, tax and investment incentives, etc., the state can positively influence the diversification and development of entrepreneurship, increase jobs and employment in rural areas. Emphasis is placed on the necessity to form a social protection system, as well as cultural basis for rural development, provide support for and improvement of the environmental conditions in rural areas.Abramova Iryna V.PH "INZHEK"articlestate supportfinancial supportfinancial leverseuropean experiencerural developmentrural areasdevelopment componentsFinanceHG1-9999Economics as a scienceHB71-74ENRUUKProblemi Ekonomiki, Vol 3, Iss 49, Pp 132-139 (2021)
institution	DOAJ
collection	DOAJ
language	EN RU UK
topic	state support financial support financial levers european experience rural development rural areas development components Finance HG1-9999 Economics as a science HB71-74
spellingShingle	state support financial support financial levers european experience rural development rural areas development components Finance HG1-9999 Economics as a science HB71-74 Abramova Iryna V. Financial Levers of State Support for Rural Development: European Experience and Domestic Realities
description	The article is aimed at substantiating financial levers of state support for rural development from a theoretical and methodological viewpoint, taking into account European and domestic experience, and at developing practical recommendations for their perfecting. The study has been carried out according to the general methodological scheme of the systemic approach using the following methods: statistical and economic, computational and structural, abstract-logical, comparative and analytical, etc. The European experience of providing state support for rural development is analyzed, and ways to adapt it to the Ukrainian reality are outlined. Taking into consideration the cost structure in the joint budget of the European Union, it is clear that the EU member states pay special attention to solving economic, environmental and social issues in the context of sustainable rural development. It is determined that rural communities in Ukraine are in extremely difficult conditions, as unemployment and poverty remain widespread; the level of social, medical, educational, and cultural services provided for the rural population remains low; the infrastructural development of rural settlements is unsatisfactory. Emphasis is placed on the fact that financial support for agriculture and rural areas in Ukraine is focused mainly on their economic development. It is proved that sustainable rural development will be possible through naturally combining its economic, social and environmental components. It is determined that the key role in this process belongs to the state. It is argued that due to such levers of influence as budget financing, soft loans, tax and investment incentives, etc., the state can positively influence the diversification and development of entrepreneurship, increase jobs and employment in rural areas. Emphasis is placed on the necessity to form a social protection system, as well as cultural basis for rural development, provide support for and improvement of the environmental conditions in rural areas.
format	article
author	Abramova Iryna V.
author_facet	Abramova Iryna V.
author_sort	Abramova Iryna V.
title	Financial Levers of State Support for Rural Development: European Experience and Domestic Realities
title_short	Financial Levers of State Support for Rural Development: European Experience and Domestic Realities
title_full	Financial Levers of State Support for Rural Development: European Experience and Domestic Realities
title_fullStr	Financial Levers of State Support for Rural Development: European Experience and Domestic Realities
title_full_unstemmed	Financial Levers of State Support for Rural Development: European Experience and Domestic Realities
title_sort	financial levers of state support for rural development: european experience and domestic realities
publisher	PH "INZHEK"
publishDate	2021
url	https://doaj.org/article/a6a545a83e9a439c9f678618b39b9cf4
work_keys_str_mv	AT abramovairynav financialleversofstatesupportforruraldevelopmenteuropeanexperienceanddomesticrealities
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Financial Levers of State Support for Rural Development: European Experience and Domestic Realities

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