Financial Policy as an Instrument of Socio-economic Development of a Country

Adamenko Iryna P. ()
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Adamenko Iryna P.: Research Financial Institute of the Kyiv National Trade and Economic University

Business Inform, 2014, issue 3, 341_345

Abstract: The goal of the article lies in showing the economic essence and identification of directions of increase of efficiency of the financial policy as an instrument of socio-economic development of the country. The article describes theoretical aspects, methodological principles and forms of ordering and improving financial relations. It identifies specific features of formation and realisation of financial policy of foreign countries. It shows that development of the strategy of efficient financial policy in the system of state regulation of economy under conditions of financial globalisation lies in formation of the model of financial relations, which would facilitate realisation of a complex of goals and tasks in the strategy of the society development; priorities of the financial policy should be determined on the basis of a complex approach in the context of formation of the financial policy concept with consideration of detection and analysis of exogenous and endogenous factors, which identify processes of the society development, and consideration of hierarchical components of the state system of priorities.

Keywords: finance; financial policy; financial mechanism; budget policy; system of budget regulation; tax regulation (search for similar items in EconPapers)
Date: 2014
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