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Financial Aspects of Economic Growth Fore casting

V. Kuleshov and V. Marshak.

Voprosy Ekonomiki, 2002, vol. 11

Abstract: The results of the analysis of the economic role of the government based on the system of monetary circulation models are described in the article. Two approaches are investigated. According to the first, which is taking place today, the government does not perform the role of the proprietor only forming the rules of the game (the monetarist variant). In the framework of the second approach the government participates in the investment process playing according to the rules common for all market agents (the Keynesian variant). The principle description of the model and the results of modeling are given.

Date: 2002
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