Economic functions of the state in the development of economic and political subsystem of England (XVII – 60s of XIX) Cover Image

Економічні функції держави у становленні економіко-політичної підсистеми Англії (XVII – 60-ті роки ХІХ ст.)
Economic functions of the state in the development of economic and political subsystem of England (XVII – 60s of XIX)

Author(s): Helen Volkova
Subject(s): National Economy, Economic history, Political economy, Socio-Economic Research
Published by: Університет Григорія Сковороди в Переяславі
Keywords: economic functions of the state; market economy; national state; economic and political subsystem; economic institutions; civilization paradigm;

Summary/Abstract: Subject, goal of the work. Economic functions of the state in the development of economic and political subsystem of England are considered in this article. The goal of the research is the analysis of the experience in the establishment of economic institutions aiming to use them in the market transformation of economy in Ukraine.Methodology of the work. Methodological basis of this work is the use of approaches of civilization paradigm that allow to regard the state as an organizational center of the society. The mechanism in the organization of the state and its economic system is the realization of economic functions in the state by introducing economic institutions. The civilization approach involves the research of societal integrity and its economic activity with the method of ultimate causes – targeted, integrated, reproductive and adaptive ones.Results of the work. The article shows economic functions of the state that are due to targeted ultimate cause and formation of economic and political subsystem of the whole economic system. These functions contain the following: formation of bodies of economic power and organization of their activity; development and improvement of such economic model which could suit peculiarities of the society, its natural environment, internal and external challenges; formation of budget-tax system; status for entities and definition of «rules» of their interactions.Scope of the results. The evolution of economic functions of the state in the development of economic and political subsystem of England (XVII – 60s of XIX) described in this article justifies the mechanism for formation of market economy of national state based on civilization paradigm. Obtained research results can be used to form economic institutions of economic system in Ukraine, and also in teaching economic and theoretical disciplines.Conclusions. The experience of the activity of the state in the development of market economic system in England for Ukraine is as follows: 1. It is necessary to provide a democratic character of power, development of its independent branches as the background for market transformation of national economic system in Ukraine. 2. It is important to form economic institution of private property as the basis for market economic system. Legitimization of private property rights for each entity is a guarantor for private property rights. 3. Economic functions of the state are realized with establishment of economic institutions as a means for organization of market economic processes in all components of national economic system. Particularly fiscal institutions, institute of national budget, institute of capital commercialization, means of production, land, labour and money are formed in its economic and political subsystem.

  • Issue Year: 1/2015
  • Issue No: 26
  • Page Range: 114-119
  • Page Count: 6
  • Language: Ukrainian