STATE FINANCIAL STABILITY SUPPORTING CONTINUOUS INNOVATIVE DEVELOPMENT

Natalia Drozd and Natalia Pleshakova
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Natalia Drozd: Faculty of Economics, Taras Shevchenko Kyiv National University, Ukraine
Natalia Pleshakova: Faculty of Economics, Taras Shevchenko Kyiv National University, Ukraine

Perspectives of Innovation in Economics and Business (PIEB), 2013, vol. 13, issue 2, 5-11

Abstract: The nature and indicators of financial stability of the state are presented. An issue of innovative development of the state is considered, its main difficulties and contradictions are defined. Trends and economic conditions for financial stability of the state in supporting innovation are substantiated. Special attention was paid to the factors to accelerate economic dynamics based on innovative mechanism, with appropriate set of direct financial, fiscal, legal, infrastructural, economic and political measures. It is proved that all the above measures are effective in their balanced unity under conditions of government providing with single framework for further innovative development.

Keywords: Financial stability; Innovation development; Indicators for financial security; State support of innovation; Global competitiveness (search for similar items in EconPapers)
JEL-codes: F G (search for similar items in EconPapers)
Date: 2013
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