BUSINESS INFORM №10-2018

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Section: Finance, Money Circulation and Credit
UDC 336.13.331.552.4
Kozarezenko L. V.
The Mechanism for the State Financial Regulation of Sustainable Human Development (p. 278 - 284)
In conditions of instability of development of the world economy the issues of activization of the role of the State financial policy as to creation of favorable conditions for human development and restoration of positive economic dynamics acquire significant importance. The preconditions for a long-term economic growth are competitiveness of economy, improvement of production, and institutional environment. Dynamic transformations of the economic model of the country require the application of a balanced approach to the definition of rational methods of financial regulation of the branches of social production. The financial component of human development should ensure gradual improvement of the level and quality of life, promote improvement of the institutional structure of social sphere, increase of the level of labor productivity, increase of the share of production of high technology and high-tech products in the gross national product. The important thing is to implement the systemic and balanced State policy in the sphere of financial support for human development, using a complex of budget, tax, credit, and insurance instruments. Of relevance is an adaptive improvement of institutional bases of financial regulation of human development, including in terms of education, science, health, social sphere, labor market.
Keywords: financial policy, financial regulation, quality of life, development of society.
Fig.: 1. Bibl.: 23.

Kozarezenko Ljudmila V. – Doctor of Sciences (Economics), Associate Professor, 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:
Kozarezenko, Ljudmila V. (2018) “The Mechanism for the State Financial Regulation of Sustainable Human Development.” Business Inform 10:278–284.

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