Managing development through budget proportions

Abstract

The subject of the study is the methodological aspects of evaluating the effectiveness of the budget policy in achieving the program objectives of accelerated economic growth. The purpose of the study is to create a system of indicator indicators of the impact of the budget on the rate of economic growth and the involvement of central executive authorities in this program on a program–based basis. Research methods. In the work general scientific and special methods are used: logical, system analysis, statistical, comparative estimations, analysis and synthesis. Results of work. The article provides a system of indicators for assessing the impact of budget execution on the pace of development of the national economy, their use for medium–term budget planning, and a system for managing the pace of development through the activities of central government. The field of application of results. Economics and management of the national economy, in terms of state systems and mechanisms of economic management at the national, interindustrial and regional levels in the field of strategic planning of socio–economic development. Conclusions. Budget policy is a basic element of the system of state regulation of economic development. The impact of the budget on the rate of economic growth should be subject to special monitoring through a system of indicator indicators. Budget expenditures should be considered as forms of stimulating economic development: through state consumption, development budget, defense spending, social expenditures, and financing of the budget sphere. Governmental management of the pace of development should be modernized by consolidating the responsibility of the central executive authorities for the pace of development in the area of their object (industry) of influence.

Authors and Affiliations

I. L. KRESCHENKO

Keywords

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  • EP ID EP640162
  • DOI 10.5281/zenodo.3378314
  • Views 104
  • Downloads 0

How To Cite

I. L. KRESCHENKO (2019). Managing development through budget proportions. Формування ринкових відносин в Україні. Збірник наукових праць, 6(6), 46-52. https://europub.co.uk/articles/-A-640162