Suntsova Olesia

The article grounds that the choice of a contract depends on the level of economic development in a particular country and its political regime. Basing on this, the article provides a theoretocal grounding for further development of the theory of "financial development", also explaining the internal challenges within its determinants and the quality of relation between financial development and economic growth

Has been published a new article by Suntsova Alesia "THE OPTIMIZATION OF LOCAL TAXES AND valuation OF TAX COMPETITION AS THE cause OF REGIONAL DEVELOPMENT". At this article was theoretically well-founded the concept of local tax’ optimization and tax competition’ valuation according this. It was theoretically determined the influence of the data of local tax’ optimization on the value of regional development.

The article reasons the conceptual grounds for the local tax and duities optimization and for the corresponding evaluation of tax competition. The influence of the local tax and duties optimization upon the regional development volume is defined.