Approaches to the "State Debt" Term Definition
Journal Title: Бізнес Інформ - Year 2014, Vol 1, Issue 0
Abstract
Insufficiency of fiscal possibilities of taxation for fulfilment by state its functions cause budget unbalances, which manifest themselves in exceeding budget expenditures over receipts. In order to cover the budget deficit the government attracts state loans, which cause appearance and accumulation of the state debt. Development of efficient debt policy and mechanism of state debt administration requires its clear conceptualisation. To achieve this the article applies philosophic and semantic approaches for the study of the essence of the state debt. The use of the philosophic approach allowed the study of multi-aspect nature of the state debt through the prism of such correlative categories as "essence", "phenomenon", "content" and "form". Using the semantic approach the article differentiates "debt" and "indebtedness" notions. The article also studies definitions of domestic and foreign scientists, analyses them and offers a clarified definition of the state debt, which takes into account the multi-aspect nature of this notion.
Authors and Affiliations
Svitlana Zhylyenko, Olena Lyakhovets
Keywords
Related Articles
- EP ID EP141742
- DOI -
- Views 117
- Downloads 0
Estimation of Level of Adaptive Flexibility in Forming of the System of Adaptive Control Innovative-Investment Development of Enterprise
The article considered dynamic market environment which influences on the necessity of search of possibilities of creation and support of competitive edges of enterprises. Realization of these possibilities contributes i...
Building an Economic and Mathematical Model of Influence of Integration Processes Upon Development of Tourism in Ukraine
Today Ukraine actively searches for its own way in the world integration processes, demonstrates a multi-vector foreign economic policy and carries out movement in the direction of integration with the EU and CIS countri...
Evaluation of Sufficiency of the International Reserves of Ukraine and Possible Sources for Replenishment
The article is aimed to evaluate the sufficiency level of the international reserves of Ukraine, analyze the main ways of preserving the reserve assets as well as identifying possible sources for replenishment during the...
Business Management of Wholesale Enterprises Based on the Value Priorities
A general systemic-functional model of business management of enterprise is presented. From the perspective of systemic approach, business management is represented by the aggregate of items such as subject, object, meth...
Financial Arbitration as Promising Direction of Improving the State Regulation of Financial Services Markets in Ukraine (on Materials of the Financial Arbitration Board of Hungary)
The article discloses the principle of function of the Financial Arbitration Board of Hungary, which is established in 2011. While displaying the specifics of admission and processing complaints from the consumer of fina...