Classification of methods and instruments of government financial regulation of households socio-economic inequality

One of the most dangerous risks of growing socio-economic inequality is the ability of the latter to that it can transform into political inequality, initiate the creation of extractive economic institutions and lead to the degradation of the country’s development. The article provides a critical an...

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Main Author: M. L. Dorofeev
Format: Article
Language:English
Published: Publishing House of the State University of Management 2022-07-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/3581
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author M. L. Dorofeev
author_facet M. L. Dorofeev
author_sort M. L. Dorofeev
collection DOAJ
description One of the most dangerous risks of growing socio-economic inequality is the ability of the latter to that it can transform into political inequality, initiate the creation of extractive economic institutions and lead to the degradation of the country’s development. The article provides a critical analysis of the modern classification of instruments of economic inequality regulation presented at the Peterson Institute conference in 2019. Based on this concept, an expanded and more universal classification of methods and tools is proposed, and the most relevant ones are discussed taking into account modern realities. In conclusion, we gave recommendations for the Governments of developed and developing countries concerning the priorities in choice of methods and instruments of socio-economic inequality regulation in order to avoid an increase in excessive economic inequality and subsequent socio-economic problems.
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spelling doaj.art-ae4f6db16ee24f449b75e2d5b8d083d02024-03-26T14:23:11ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-07-010519320210.26425/1816-4277-2022-5-193-2022476Classification of methods and instruments of government financial regulation of households socio-economic inequalityM. L. Dorofeev0Financial UniversityOne of the most dangerous risks of growing socio-economic inequality is the ability of the latter to that it can transform into political inequality, initiate the creation of extractive economic institutions and lead to the degradation of the country’s development. The article provides a critical analysis of the modern classification of instruments of economic inequality regulation presented at the Peterson Institute conference in 2019. Based on this concept, an expanded and more universal classification of methods and tools is proposed, and the most relevant ones are discussed taking into account modern realities. In conclusion, we gave recommendations for the Governments of developed and developing countries concerning the priorities in choice of methods and instruments of socio-economic inequality regulation in order to avoid an increase in excessive economic inequality and subsequent socio-economic problems.https://vestnik.guu.ru/jour/article/view/3581socio-economic inequalitypovertysocio-economic policygovernment regulation methodsgovernment regulation instruments
spellingShingle M. L. Dorofeev
Classification of methods and instruments of government financial regulation of households socio-economic inequality
Вестник университета
socio-economic inequality
poverty
socio-economic policy
government regulation methods
government regulation instruments
title Classification of methods and instruments of government financial regulation of households socio-economic inequality
title_full Classification of methods and instruments of government financial regulation of households socio-economic inequality
title_fullStr Classification of methods and instruments of government financial regulation of households socio-economic inequality
title_full_unstemmed Classification of methods and instruments of government financial regulation of households socio-economic inequality
title_short Classification of methods and instruments of government financial regulation of households socio-economic inequality
title_sort classification of methods and instruments of government financial regulation of households socio economic inequality
topic socio-economic inequality
poverty
socio-economic policy
government regulation methods
government regulation instruments
url https://vestnik.guu.ru/jour/article/view/3581
work_keys_str_mv AT mldorofeev classificationofmethodsandinstrumentsofgovernmentfinancialregulationofhouseholdssocioeconomicinequality