FINANCIAL POLICY IN THE SYSTEM OF ECONOMIC DEVELOPMENT Cover Image

ФІНАНСОВА ПОЛІТИКА В СИСТЕМІ ЕКОНОМІЧНОГО РОЗВИТКУ
FINANCIAL POLICY IN THE SYSTEM OF ECONOMIC DEVELOPMENT

Author(s): Andriy Vatulov
Subject(s): Economy
Published by: Institute of Society Transformation
Keywords: financial policy; financial regulation; financial system; budget; economic development

Summary/Abstract: The economic essence and role of financial policy in system of economic development of the country is uncovered in the article. The main forms and tools of financial policy are considered; expediency of improvement institutional bases of financial regulation is proved. The main directions of financial policy over the medium-term prospect that will help to improve the level of economic development purposes and tasks coordination in the country are defined. The features of the state financial regulation mechanism of societal economic growth evolution are specified. It is concluded that the main directions of Ukraine’s financial policy development should be the following: improvement of financial regulation institutional environment; increase of financial- budgetary planning and forecasting; gradual grounded extension of monetization; development of financial intermediation; improvement of currency regulations; strengthening of correlation between financial regulation and economic cyclicality; provision of macroeconomic balance

  • Issue Year: 2013
  • Issue No: 05-06(1)
  • Page Range: 37-40
  • Page Count: 1
  • Language: Ukrainian