FINANCIAL AND ECONOMIC MECHANISM OF UKRAINE’S RECONSTRUCTIVE DEVELOPMENT ON THE BASES OF DECENTRALIZED MANAGEMENT OF NATURAL RESOURCES

Abstract

The article deals with determining the ways to ensure the process of intra-system harmonization of interrelationships of economic and political transformations regarding Ukraine’s reconstructive development from the standpoint of model ideas about a promising financial and economic mechanism of decentralized management of natural resources.
The natural-resource paradigm of reconstructive development is proposed. The emphasis is on formation of relations between economic entities specific to the liberal democratic model (in particular, regarding the ordering of natural-resource relations). An important place is given to applying the latest financial and economic support for decentralized management of natural resources. The nature of relationship of the “natural resources” and “natural resource assets” categories is shown. The natural resources are considered precisely as a capital of natural origin, which can be directly involved in economic turnover, and therefore it has value as a commodity and a consumer value, that is, it is really capable of satisfying the needs of the population. The natural asset directly relates to simulation of determination of the reconstructive action directions and is a natural resource involved in economic turnover; or, one that can be immediately directly used in production of goods or provision of services. The main benchmark when improving the management structure of natural resource assets is related to the deepening of economic activity at the territorial level.
A significant place is given to streamlining the system of financial relations between business and government from the standpoint of developing a reconstructive economy in direction of forming a liberal-social model of development.
Attention is focused on implementation of the reconstructive development concept. Such a concept for the effective use of natural resources of territories is considered as a process of predominantly cyclic nature. The process is represented by an appropriate algorithm based on the use of flexible management methods, taking into account the priority levers in the space-time dimension.