Financial regulatory mechanism of the economy Cover Image

Фінансовий механізм державного регулювання економіки
Financial regulatory mechanism of the economy

Author(s): Marharyta Bezhuba
Subject(s): Public Administration, Financial Markets, Public Finances, Fiscal Politics / Budgeting
Published by: Університет Григорія Сковороди в Переяславі
Keywords: state regulation of the economy; financial mechanism; fiscal mechanism; economic policy

Summary/Abstract: The research subject contains number of questions in the area of formation and implementation of financialregulatory mechanism of the economy.The article purpose is to disclose the essence of financial regulatory mechanism of the economy and todefine directions to increase its efficiency.The research methodology. In the investigation author used the set of scientific methods, such asstructural, systematic, comparable and factor analysis method.Results. The article focuses on set of questions which refer to define the essence and role of financialregulatory mechanism of the economy. Author determined instruments of financial policy which used in order toachieve sustainable economic growth. Assessment of influence of regulatory financial mechanism on economyis conducted. The main forms of state regulation of the economy in modern conditions are examined. Wedefined vital components of financial policy and methods of their implementation in the conditions of economictransformations. This article also evaluates statements of impact of financial policy instruments on economicgrowth and social development including institutional features of nation financial system.Scope of results. Financial policy and instruments of policy implementation.Conclusion. State institutions which are responsible for process of formation and implementation of financialpolicy should consider features and structure of domestic economy, depth of globalization transformations. Maindirections of financial management on macroeconomic level conclude concentration, distribution andredistribution of economic resources, orientation economy to innovative model of development and to achievethe balance of economic growth and social assistance, to raise the level welfare. In order to enhance thefinancial policy government should create conditions for improvement the institutional framework of the financialmechanism of economic growth. Author defined main directions of such improvement, they are: to increase thequality of human capital, to rise the fractions of high-tech economy in its general structure, to enhance financialstability, further implementations instruments of public-private partnership.

  • Issue Year: 1/2016
  • Issue No: 28
  • Page Range: 158-165
  • Page Count: 8
  • Language: Ukrainian