THE IMPACT OF INTER-BUDGETARY RELATIONS ON REGIONAL GROWTH AND THE STANDARD OF LIVING OF THE POPULATION OF THE REGIONS (ON THE EXAMPLE OF THE REPUBLIC OF UZBEKISTAN)
Affiliation
PhD in Economic Sciences Associate Professor, Department of Finance and Business Analytics Tashkent State Economic University
Abstract
The article attempts to systematize the main provisions of the theories of regional growth and development and their significance in assessing the differentiation of the population, identifying trends in the influence of inter-budgetary relations on the standard of living of the population of the regions of Uzbekistan, analyzes the dynamics of the structure of budget security and effectiveness in the regional context, identifies directions for improving the effectiveness of the system of inter-budgetary relations and reducing interregional differentiation of socio-economic development in Uzbekistan. It is concluded that the impact of inter-budget transfers on the lives of residents of the regions can be both positive and negative. On the one hand, receiving transfers allows solving social and economic problems, creating new jobs and improving the standard of living of the population. On the other hand, dependence on them can lead to gratuitousness and irresponsibility, deterioration of the economic independence of the region and low motivation of residents to develop.Keywords
state budget, revenues and expenditures of the state budget, budget security, budget efficiency, regional development, interregional differentiation, economic growth, quality of life of the population
References
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