SIGNIFICANCE OF GOVERNMENT INVESTMENT POLICY IN THE MODERN NEOCLASSICAL ECONOMIC THEORY

Vladimir Shatrevich

Perspectives of Innovation in Economics and Business (PIEB), 2009, vol. 3, issue 3, 38-41

Abstract: The author conforms with inevitability to resolve the crisis conditioned problems on the basis of pure market self-regulation. However, it is believed that active and targeted investment policies of state could be implemented in market-friendly model. A number of state policy dimensions are described where through public finance and banking, organizational and institutional measures the state can restore and support market performance capacity, as well as to sustain growth developments.

Keywords: Government investment policy; investments; neoclassical economics; economic growth. (search for similar items in EconPapers)
JEL-codes: E22 O11 (search for similar items in EconPapers)
Date: 2009
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