BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTER FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS of Ukraine (KHARKIV, UKRAINE)

ROR

EDRPOU 05481984

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

CATALOG

Financial Support For the Sustainable Development of Local Communities: A Strategic Model For Postwar Recovery
Pelekhatyi A. O., Uhryn A. P.

Pelekhatyi, Andrii O., and Uhryn, Andrii P. (2026) “Financial Support For the Sustainable Development of Local Communities: A Strategic Model For Postwar Recovery.” Business Inform 6:453–461.
https://doi.org/10.32983/2222-4459-2026-6-453-461

Section: Finance, Money Circulation and Credit

Article is written in Ukrainian
Downloads/views: 0

Download article (pdf) -

UDC 336.142.3

Abstract:
The aim of this article is to substantiate a strategic model for the financial support of sustainable development in local communities in the context of postwar transformation, and to identify the main avenues for enhancing their financial capacity through the integration of budgetary, investment, international and innovative financial instruments. The relevance of the study stems from the need to restore the socioeconomic potential of the territories affected by military action, as well as the need to ensure the financial stability of local self-government in the context of significant structural changes in the economy, demographic losses, migration processes and limited budgetary resources. It is substantiated that efficient financial support is a key prerequisite for implementing postwar recovery policies, improving the quality of life of the population and achieving the long-term goals of sustainable development for local communities. Attention is paid to improving the inter-budgetary equalisation system, the need to introduce special targeted development grants, and compensation mechanisms to support communities that have suffered the most destruction, have taken in a significant number of internally displaced persons, or have a low level of tax capacity. A strategic model for the financial support of sustainable development in local communities is proposed, based on the integration of three interrelated components: sources of funding, strategic financial management tools, and community development outcomes. The feasibility of combining budgetary, investment, grant and partnership financing instruments as the basis for forming financially stable and competitive local communities is substantiated. Based on the research findings, key areas for enhancing the financial capacity of local communities in the postwar period have been identified, including the development of the local economy, broadening the revenue base of budgets, stimulating investment activity, attracting international resources, and implementing digital financial management tools. The practical significance of the proposed approaches lies in their potential for use by local authorities when developing strategies for the development of territorial communities, postwar recovery programmes, and mechanisms to improve the efficiency of financial resource management.

Keywords: territorial community; financial support; local budgets; sustainable development; strategic planning; local self-government; taxes and charges; investments.

Fig.: 1. Bibl.: 15.

Pelekhatyi Andrii O. – Doctor of Sciences (Economics), Associate Professor, Department of Public Administration, Ukrainian Catholic University (17 I. Svientsitskyi Str., Lviv, 79011, Ukraine)
Email: [email protected]
Uhryn Andrii P. – Postgraduate Student, Department of Finance, Lviv Polytechnic National University (12 Stepana Bandery Str., Lvіv, 79013, Ukraine)
Email: [email protected]

List of references in article

Boholib T. M. (2016). Dotatsii mistsevym biudzhetam yak instrument finansovoho vyrivniuvannia [Subsidies to local budgets as a tool for financial equalization]. Ekonomichnyi visnyk universytetu, 29(1), 282–287. http://nbuv.gov.ua/UJRN/ecvu_2016_29%281%29__37
Krysovatoho A. I., Oparina V. M. & Fedosova V. P. (2025). Derzhava. Fisk. Velykyi biznes: monohrafiia [State. Fiscal. Big business: monograph]. Kyiv: KNEU.
Kyrylenko O. & Onyshchuk S. (2025). Fiskalna stiikist ta finansovyi potentsial terytorialnoi hromady: sutnist i vzaiemozviazok [Fiscal stability and financial potential of the territorial community: essence and relationship]. Svit finansiv, 1, 57–68. https://doi.org/10.35774/sf2025.01.057
Lunina I. O., Bilousova O. S. & Nazukova N. M. (2023). Stratehichni zavdannia derzhavnoi pidtrymky povoiennoho rozvytku natsionalnoi ekonomiky [Strategic tasks of state support for post-war development of the national economy]. Statystyka Ukrainy, 3–4, 51–66. https://doi.org/10.31767/10.31767/su.3-4(102-103)2023.03-04.05
Lunina I. O. (2020). Finansy terytorialnykh hromad: teoriia i praktyka rozvytku: monohrafiia [Finance of territorial communities: theory and practice of development: monograph]. Kyiv.
Musgrave R. A. (1959). The Theory of Public Finance: A Study in Public Economy. New York: McGraw-Hill.
openbudget.gov.ua. Open Budget. Derzhavnyi veb-portal biudzhetu dlia hromadian [Open Budget. State web-portal of the budget for citizens]. https://openbudget.gov.ua/spending-agencies/graphic
Pelekhatyi A. O. & Symanych N. B. (2025). Didzhytalizatsiia yak mozhlyvist pidvyshchennia efektyvnosti upravlinnia mistsevymy finansamy [Digitalization as an opportunity to increase the efficiency of local finance management]. Naukovi perspektyvy, 7, 226–238. https://doi.org/10.52058/2708-7530-2025-7(61)-226-238
Pelekhatyi A. O. & Symanych N. B. (2024). Alternatyvni dzherela finansuvannia rozvytku terytorialnykh hromad u period povoiennoho vidnovlennia [Alternative sources of financing the development of territorial communities in the period of post-war recovery]. Naukovyi visnyk Mizhnarodnoho humanitarnoho universytetu. Seriia «Ekonomika i menedzhment», 61, 62–69. https://doi.org/10.32782/2413-2675/2024-61-9
Tiebout C. M. (1956). A Pure Theory of Local Expenditures. Journal of Political Economy, 5(64), 416–424. https://fbaum.unc.edu/teaching/PLSC541_Fall08/tiebout_1956.pdf
World Bank. (1998). Post-conflict reconstruction: The role of the World Bank. Washington, DC: World Bank. https://documents1.worldbank.org/curated/en/175771468198561613/pdf/multi-page.pdf
Yurii S. I., Fedosov V. M. & Alekseienko L. M. (2010). Teoriia finansiv: pidruchnyk [Theory of finance: textbook]. Kyiv: Tsentr uchbovoi literatury.
zakon.rada.gov.ua. (2010, December 2). Podatkovyi kodeks Ukrainy [Tax Code of Ukraine]. https://zakon.rada.gov.ua/laws/show/2755-17#n210
zakon.rada.gov.ua. (1997, May 21). Zakon Ukrainy «Pro mistseve samovriaduvannia v Ukraini» [Law of Ukraine "On Local Self-Government in Ukraine"]. https://zakon.rada.gov.ua/laws/show/280/97-vr#n940
zakon.rada.gov.ua. (2010, July 8). Biudzhetnyi kodeks Ukrainy [Budget Code of Ukraine]. https://zakon.rada.gov.ua/laws/show/2456-17#Text