Концептуальні підходи до оцінки бюджетного механізму
Conceptual approaches to budgetary mechanism assessment

Summary/Abstract: Introduction. Nowadays, active development of economic systems with the aggravation of risk factors, forces to search efficient mechanisms to manage the economy and its subsystems. In particular, in unpredictable conditions, the budget can be part of mitigating crises and security risks in the economy; simultaneously, problems related to the accumulation and execution of the budget may constitute risk factors for the whole economic system. There is a need for systematic monitoring of the budgetary mechanism functioning as a link that converts management decisions into actual budget performance indicators. In such circumstances, the issues related to the flexibility of the budgetary mechanism assessment in the dynamic development of economic systems are particularly important. Purpose. To develop a scientific and methodical approach to understanding the concept of budgetary mechanism and the key aspects of its functioning in the changing environment of economic systems. Methods. General scientific methods were used to study theoretical aspects of the budgetary mechanism origin and determine its functioning, as well as to form a methodological framework for the assessment of the flexibility of the budgetary mechanism. Results. In the course of the scientific study, we have formed understanding of the mechanism of multi budget as an economic category and made an attempt to outline a new scientific approach to the study of the mechanism of budgetary positions system management. The research has proved the need to assess the budgetary flexibility mechanism in order to build an effective system of management to meet challenges of a rapidly changing economic environment. Conclusions. The theoretical basis of the budgetary mechanism functioning and conceptual foundations of the assessment of the budgetary flexibility mechanism assessing proposed by the authors consists of the ratio of operational time and a budgetary mechanism configuration relevant to certain features of the system where it should be used. This study constitutes a solid theoretical and methodological foundation for further considerations of indicative monitoring and assessment of the budgetary mechanism functioning.

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