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Article

Open Access

Macroeconomic Trends and Features of Formation of the Ukrainian Fiscal Space

Author(s)

Halyna Vasylevska

Full-Text PDF Download XML 1454 Views

DOI:10.17265/1548-6591/2016.06.003

Affiliation(s)

Ternopil National Economic University, Ternopil, Ukraine

ABSTRACT

The paper deals with the modern problems of formation of competitiveness of the Ukrainian tax system into the creation of fiscal space in Ukraine. The most important macroeconomic evidences—indicators of a low level of competitiveness of the current tax system in Ukraine are presented, and their analytical assessment is made. Analysis of dynamics of real GDP in Ukraine in 2012-2015 years is as a leading indicator of economic activity in the country. The interaction of key economic indicators in the view of presence of signs of fiscalism and increase of the tax burden on taxpayers is explored. Displaying Ukraine’s position in the international ranking of ease of doing business in 2016, key problematic aspects of taxation in Ukraine are summarized. Priority vectors of competitiveness of the Ukrainian tax system are outlined. The main cause of expansion of fiscal space in Ukraine is for ensuring its competitive advantages in global markets.

KEYWORDS

tax system, fiscalism, competitiveness of tax system, tax burden, oscillation index, fiscal space

Cite this paper

Journal of US-China Public Administration, June 2016, Vol. 13, No. 6, 397-406

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