Objective and imperative meaning of financial policy at micro level Cover Image

Objective and imperative meaning of financial policy at micro level
Objective and imperative meaning of financial policy at micro level

Author(s): Elena Bokareva, Anna Silaeva, Lola Sanginova, Vladimir Boboshko, Natalia Boboshko
Subject(s): Economy, Micro-Economics, Financial Markets, Public Finances, Accounting - Business Administration
Published by: Institute of Society Transformation
Keywords: Financial Policy; State Treasury; Finance; Macroeconomics; Business;

Summary/Abstract: Nowadays, financial policy is a form of ideology and goal-setting implementation in the financial issues at any management levels (interstate formation, national economy, region, business entity, household), including the methods of financial resource mobilization, income, and expense structuring, legal regulations, assessing the impact of the controlled object on the economy. Financial policy is an enterprise goal-setting implementation concerning the micro-level (the level of business entities), including generating income and expenses, structuring, internal regulations, and assessments. The study aims to analyze the objective and imperative content of financial policy at the micro-level in the year 2020. With this purpose, we employ techniques and tools of economic and logical analysis, the methods of comparison, and groupings. We have made several proposals for policies to improve economic growth, including: avoidance of policies for economic cycles, especially in times of shock to macroeconomics, guide prices at the macroeconomic level, especially interest rates and exchange rates to support development goals, pursue trade and industrial policies to create increasingly profitable economic activities, Improve financial development and efficient and effective use of international relations.

  • Issue Year: 193/2021
  • Issue No: 9-10
  • Page Range: 121-127
  • Page Count: 7
  • Language: English