Abstract:
Urgency of the research. Today's realities of financial relations prove the increasing role of regions in ensuring the social and economic development of the country. Therefore, there
is a necessity to assess the budget potential and develop directions for its strengthening
Target setting. It is expedient to determine the level of the budget potential of the Ukrainian regions and to develop directions for its strengthening.
Actual scientific researches and issues analysis. An analysis of published scientific work has shown questions of budgetary potential are investigated by such scientists as
S. V. Boiko, A. Ye. Buriachenko, N. S. Pedchenko, L. D. Safonova, V. Yu. Strilets, Ye. O. Malik, S. M. Frolov and others. Taking into account the considerable level of
scientific research by these authors, it is necessary to continue research on the application of economic and mathematical methods in the study of financial processes, in our case, the use of cluster analysis to determine the level of budget potential
of the regions. Uninvestigated parts of general matters defining. Despite
a significant level of theoretical development of budget potential, the following aspects remain unresolved: the methodology for assessing the budget potential of the region, determining the level of budgetary potential, and developing directions
for strengthening of budgetary capacity. Therefore, the problem has not lost its relevance today.
The research objective. The object of the article is to study the theoretical issues of the budget potential of the Ukrainian regions and methods for its evaluation, the definition
of the Ukrainian regions clusters in terms of budget potential.
The statement of basic materials. The article substantiates the application of cluster analysis for determining the level of budget potential of the Ukrainian regions, clusters of Ukrainian regions are determined by the level of budget potential using cluster analysis and directions for strengthening the budget potential of regions are developed.
Conclusions. One of the priority directions of the Ukrainian regions’ budget study should be statistical and mathematical methods, where a special place should be occupied by cluster analysis.
