Debt policy in the context of the tasks of innovative state development
Journal Title: Науковий вісник Полтавського університету економіки і торгівлі. Серія "Економічні науки" - Year 2017, Vol 2, Issue 80
Abstract
Annotation. The purpose of the article is to define the role of debt policy in the context of tasks of innovative development of the state. Methodology of research. To achieve this goal the general scientific and special methods have been used in this work. In determining the role of debt policy in the context of innovative development of the country methods of abstraction and comparative analysis have been used. The study of the current state of the debt of the country was carried out on the basis of comparative and retrospective analysis. Findings. The article analyzes the debt policy based on modeling the relationship between innovation growth and public debt; proposes their own criteria to compare the amount of debt the state with its innovative development and indicators to assess the impact of government debt on socio-economic and investment-innovation development of economy. Practical value. Defined in the article policy directions of effective financial policy of settlement of debt duties will give an opportunity to integrate debt policy with the needs to encourage investment and innovation activities of the state and to maximize well-being in the long run.
Authors and Affiliations
N. S. Pedchenko, V. Strilets, L. Lugivska
Keywords
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