E-budgeting model in the architecture of financial resilience of territorial communities during the full-scale war

Abstract

The aim of the study was to develop an adaptive model of e-budgeting that would contribute to strengthening the financial resilience of territorial communities amid wartime and other crisis challenges. The research methodology was based on the mix of systems, comparative and structural-functional analysis, as well as on the best international practices, in particular, the Finnish OmaStadi system and the Ukrainian E-DEM platform. The results of the study demonstrated that effective implementation of e-budgeting has a positive impact on the transparency of governance processes, increases public participation and the optimal allocation of public resources. The analysis revealed key issues hindering the implementation of digital budgeting tools in Ukraine, including: low levels of digital literacy, insufficient infrastructure, weak engagement of vulnerable population groups in participatory budgeting processes and the absence of integrated mobile services. To enhance the financial resilience of territorial communities in the face of crisis and wartime challenges, a multi-level model for improving the e-budgeting system is proposed. This model encompasses directions for improving participatory budgeting practices, a system for their evaluation, expected outcomes from model implementation and its impact on key components of financial resilience. The proposed model for improving the implementation of electronic budgeting systems in support of the financial resilience of territorial communities has a potential to illustrate how areas for improvement influence the criteria of electronic budgeting systems, leading to qualitative outcomes. The practical significance of the study lies in the possible application of the adaptive e-budgeting model by local self-government bodies, civil society organisations, analytical centres and state institutions that monitor the financial activities of territorial communities.