SUSTAINABILITY OF LOCAL PUBLIC FINANCE AND REGIONAL DEVELOPMENT: CHALLENGES AND OPPORTUNITIES IN TIMES OF CRISIS IN UKRAINE
Journal: Financial and credit activity problems of theory and practice
Year: 2024

The socio-economic crisis in Ukraine, which has worsened over the past decade, has had a profound impact on all local communities. Local governments implementing decentralised mechanisms and anti-crisis financial measures are currently facing numerous theoretical and procedural constraints, which, although not homogeneous, have a cumulative effect. In the context of low economic potential and existing legislative constraints, local governments cannot actively manipulate consistent sources of loc