BUSINESS INFORM №12-2017

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57

Section: Finance, Money Circulation and Credit
UDC 336.512
Davydova I. I.
The Financial Regulation of the Country’s Economic Development (p. 375 - 379)
The article is aimed at disclosing the essence of the system of financial regulation of economic development of the country, defining institutional foundations in the process of development of financial mechanism. Approaches to strengthening the efficiency of financial policy as an important economic institution, which should significantly influence economic growth, have been developed. The directions of increase of efficiency of budget policy in conditions of institutional changes have been defined. Currently, financial regulation of the country is being formed in the context of socio-economic policy, which is resulting from the need for the State participation in the world economic and financial relations, for improving the quality of public services on the part of the State, which requires the implementation of a strategy of economic growth at a qualitatively new institutional level. The State financial policy should ultimately focus on the appropriate endogenous factors of economic growth. In modern conditions it is expedient to strengthen the role of financial policy as a significant macro-economic instrument, which provides an effective influence on achievement of financial and economic balance, efficiency of economic transformations.
Keywords: finance, financial regulation, financial policy, country’s economic development.
Bibl.: 10.

Davydova Irina I. – Postgraduate Student, 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:
Davydova, Irina I. (2017) “The Financial Regulation of the Country’s Economic Development.” Business Inform 12:375–379.

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