BASES OF PUBLIC POLICY FORMATION DIRECTED AT ENSURING BUDGET SECURITY
Journal Title: Вісник Київського національного університету імені Тараса Шевченка. Економіка. - Year 2015, Vol 2, Issue 167
Abstract
In the article the priorities and public policies that can improve the safety level of the budget of Ukraine have been grounded. Attention on the problems of imbalance and deficiency trends accumulation of public debt has been focused. The detailed analysis of the budget deficit of the European community to further research the main problems of fiscal security has been carried out. The formation of the concept of budget policy should include long-term and medium-term priorities of the state priorities areas have been concluded. Budget policy on public debt must deal with interrelated issues of debt bondage and effective use of public credit, promote economic growth with respect safe level and structure of public debt have been emphasized by author. Debt policy as part of fiscal policy under certain conditions can be a powerful tool to intensify investment and innovation processes in society, promote economic and social development. The reorientation of fiscal policy to address current problems through debt and use it as the basis of investment and innovation development provides an effective public debt management is designed to reduce state budget expenditures on its servicing and repayment, optimizing the scope and structure of debt according to economic growth. The role of debt policy in modern terms increases is clearly subordinate to and consistent with long-term goals and priorities of fiscal policy. There is an urgent development and implementation of effective mechanisms for investing borrowed resources, increasing the efficiency of public investment, including the improvement of organizational, financial, legal and controls. Strategically budget security guarantees only competitive economy, which can be constructed only by recovery and accelerated development of promising sectors of the national economy in the presence of a balanced budget policy. Now there is a tendency to implement only measures to stabilize the political and socio-economic situation in Ukraine has been instead.
Authors and Affiliations
Svitlana Onishchenko
Keywords
Related Articles
- EP ID EP400348
- DOI 10.17721/1728-2667.2015/167-2/13
- Views 54
- Downloads 0
IMPROVING YOUTHS' SOCIAL SITUATION IN THE EUROPEAN UNION
The European Union's social policies of the last years aimed at improving the social conditions of youths across Europe. The goal of this paper is to comparatively analyse the characteristics of youths and their social c...
INTERNATIONAL SYSTEMS OF MERCHANDISING TO MANAGE THE CUSTOMER BEHAVIOR
The article is devoted to specific issues of applying modern approaches to promote the sales within trade points namely merchandising. The major approaches to merchandising were summarized and some practical recommendati...
INSTITUTIONALISM AND CRISIS
Contemporary scientific reunions and debates are focusing, for several years, on economic crisis. As a result, there are an unnumbered ways to analyse and to interpret the crisis. Our intention, in the present paper, is...
PRICING OPTIMIZATION BASED ON INTELLIGENT DATA ANALYSIS MODEL
Determination of the optimal prices for goods is one of the important business management tasks in retailing. The new effective enterprises reality demonstrate the need to focus on the customers behavior and preferences....
PROBLEMS AND PROSPECTS OF FINANCING HIGHER EDUCATION INSTITUTIONS OF UKRAINE
The paper considers the problems of financing higher education institutions and focuses on formation of estimates of higher education institutions in Ukraine. The study established that the public and municipal education...