№ 4/2018

Fìnansi Ukr. 2018 (4): 93–106

PUBLIC FINANCE MANAGEMENT

HORBATIUK Viktoriia , MАТУЗКА Yaroslav ¹

¹PJSC CB “PrivatBank”

Social trust in the state financial management system

The article reveals the content of public trust through the glasses of the theory of institutionalism and determines its place in the financial culture of the public finance management system (PFM system). It is established that the problems of mutual trust, based on legal norms and creative interaction, are key in the period of the PFM system reforms. The interests of society, which determine the level of public trust in reforming the PFM system in terms of the principles of information activity in the field of public finances, are analyzed. The need and content of the main tools aimed at increasing the level of public trust in the reform of the PFM system are disclosed. First and foremost, they include: the development and implementation of specific regulatory documents for the regulation of government-public cooperation; conducting programs of administrative marketing for more effective detection, estimation and satisfaction of the demand of citizens for administrative services of public finance institutes. The key priority directions of reforming the PFM system aimed at raising the level of public confidence are grounded. The paper establishes relationship between social and economic success and its impact on the society integrity, its future development and public trust in the reforms of the PFM system. Under the current situation in Ukraine, the differences in the social and institutional levels of confidence in the society are revealed. The need and possibilities of their coincidence are emphasized. It is argued that public trust can result in the synergy of systemic changes in the process of introducing new fundamentals of fiscal policy.

Keywords:public trust, institute of public finances, institute of openness, system of public finance management, institutional changes, interests of society, priority areas of reform

JEL: D83, H10, Z18

HORBATIUK V. . Social trust in the state financial management system / V. . HORBATIUK, Y. Mатузка // Фінанси України. - 2018. - № 4. - C. 93-106.

Article original in Ukrainian (pp. 93 - 106)

Download

Downloads :297

1. Bezhuba, M. O. (2014). Directions of improvement of the system of public finances of Ukraine. Herald of Dnipropetrovsk State Financial Academy. Economic sciences, 1, 118–124 [in Ukrainian].
2. Pasіchny`j, M. D. (2015). The institutional framework for financial regulation. Economic Herald of Pereyaslav-Khmelnytsky State Pedagogical University, 27/1, 137–144 [in Ukrainian].
3. Pіketty, T. (2016). Capital in the XXI century. Ky`yiv: Nash format [in Ukrainian].
4. Stiglitz, J. (2017). The Price of Inequality. Ky`yiv: Tempora [in Ukrainian].
5. Fukuyama, F. (1995). Trust: The Social Virtues and the Creation of Prosperity. New York: Free Press.
6. Dzyublyuk, O. (2016). Socio-economic principles of public trust in the banking sector. TNEU Bulletin, 2, 54–69 [in Ukrainian].
7. Mel`nik, V. P. (2009). Factors of trust and distrust in economic management. Scientific works of DonNTU. Series: economics, 37-1, 74–75 [in Russian].
8. Napady`sta, V. (2015). The phenomenon of trust in the socio-humanitarian discourse of modern Ukraine. Scientific notes of I. F. Kuras Institute of Political and Ethnic Studies of the National Academy of Sciences of Ukraine, 1, 207–222 [in Ukrainian].
9. Avramchenko, K. V., Deshko, A. L., Zhalіlo, Ya. A. et al. (2016). Budget policy: pragmatic approaches to strategic decisions. Ky`yiv: ST-DRUK [in Ukrainian].
10. Daudova, H. V. (2014). State information policy in the context of reforming the system of public finances. Theory and practice of public administration, 2, 1–6 [in Ukrainian].
11. Zubov, V. O. (2014). Cross-cultural pasture in the conditions of globalization: a world-view aspect. Ky`yiv: Іnsty`tut vy`shhoyi osvіty` NAPN Ukrayiny` [in Ukrainian].
12. Yefy`menko, T. І. (2017). Conceptual framework of further development of public finance management system. Economy of Ukraine, 3, 3–31 [in Ukrainian].
13. Katana, O. S. (2015). Institutional framework of tax culture in the state. Effective economy, 12. Retrieved from www.economy.nayka.com.ua/?op=1&z=4678 [in Ukrainian].
14. Moldovan, O. O. (2014). Strategy of reforming the public finances system of Ukraine: tasks, priorities, mechanisms. Ky`yiv: NІSD [in Ukrainian].
15. Shlapak, O. V. (2014). Public finance of Ukraine under the present circumstances: problems of stabilization and anticrisis management. Finance of Ukraine, 4, 7–31 [in Ukrainian].
16. Loury, G. A (1977). Dynamic Theory of Racial Income Differences. Women Minorities and Employment Discrimination. Lexington: Lexington Books.
17. Sztompka, P. (1999). Trust: a Sociological Theory. Cambridge: Cambridge University Press.
18. The crisis of confidence and pragmatism in economic policy. (2016, March 25). ZN,UA. Retrieved from dt.ua/macrolevel/kriza-doviri-i-pragmatizm-v-ekonomichniy-politici-_.html [in Ukrainian].
19. Tyonnis, F. (2002). Community and Society. In S. P. Ban`kovskaya (Ed.). Theoretical sociology: anthology (Vol. 1) (pp. 201–248). Мoscow: KD “Universitet” [in Russian].
20. U.S.-Ukraine Business Council, Kyiv School of Economics. (2015, November 18). Legal and governance reform in Ukraine: strategic priorities. Business and Economic Sector. Retrieved from www.kse.org.ua/uk/about/kse-news/?newsid= 1240 [in Ukrainian].
21. Cabinet of Ministers of Ukraine. (2017). Strategy for reforming the public finance management system for 2017–2020 (Order No. 142-р, February 8). Retrieved from www.kmu.gov.ua/control/uk/cardnpd?docid=249797370 [in Ukrainian].