BUSINESS INFORM №11-2017

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51

Section: Finance, Money Circulation and Credit
UDC 336.14:336.77
Kucher G. V.
The Budget Deficit in the System of the Financial and Credit Development of Economy (p. 335 - 340)
Scientific approaches to the role, influence and peculiarities of usage of budget deficit as an instrument for ensuring social development both in Ukraine and in the EU countries have been disclosed. Influence of certain types of budget deficit on the economic system has been explained and expediency of considering the fluctuations of exchange rate, along with conditions of attraction of credit resources for definition of the operational budget deficit, has been substantiated. The practical results include the analysis of budget deficit indicators in Ukraine and in the EU countries, as well as the factors that determined their change. Both the national and the international experience, cyclical economic development, crisis events in the economy have demonstrated that the budget deficit is an important instrument of financial policy. Its usage helps to reduce the negative impact and to ensure a way out of the economic crisis. The budget deficit is an effective lever for macroeconomic management, which should be actively used to accelerate economic growth in the developing countries in the context of globalization.
Keywords: budget, budget deficit, budgetary financing, the State credit, financing of economic development, the EU Member States.
Fig.: 2. Bibl.: 19.

Kucher Galyna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Finance, Kyiv National University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Kucher, Galyna V. (2017) “The Budget Deficit in the System of the Financial and Credit Development of Economy.” Business Inform 11:335–340.

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