Development of State Fiscal Institutions in the Context of Ensuring Economic Equilibrium in Ukraine
It is noted that the innovative revolution, technological and scientific breakthrough, emergence of new branches of the economy, the food crisis in the world and a considerable scientific, agricultural, technological potential of Ukraine are the key to its economic advancement. To achieve the highes...
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| Format: | Article |
| Language: | English |
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PH "INZHEK"
2019-09-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | https://www.problecon.com/export_pdf/problems-of-economy-2019-3_0-pages-208_216.pdf |
| _version_ | 1797334950806028288 |
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| author | Marshalok Taras Ya. |
| author_facet | Marshalok Taras Ya. |
| author_sort | Marshalok Taras Ya. |
| collection | DOAJ |
| description | It is noted that the innovative revolution, technological and scientific breakthrough, emergence of new branches of the economy, the food crisis in the world and a considerable scientific, agricultural, technological potential of Ukraine are the key to its economic advancement. To achieve the highest strategic goals, it is necessary to develop a balanced and clear countercyclical state policy. The strategic benchmark of the policy should be support and development of innovations, and its integral part — a fiscal policy developed with consideration for the latest paradigm of countercyclical regulation with high-quality effective tools for ensuring economic growth and advance in living standards. These instruments should be undoubtedly based on discipline, openness and transparency in actions of managers engaged in its implementation; the ability to quickly and effectively respond to potential threats and challenges in the economy. This is possible provided the formation of a highly qualified government, which has necessary tools and skills in modeling economic conjuncture as well as the ability to use qualitative fiscal instruments of a stabilizing nature. And, most importantly, any actions should be rest upon a calculated strategy considering risks, threats and trends at the state and global level. |
| first_indexed | 2024-03-08T08:28:41Z |
| format | Article |
| id | doaj.art-b678a95d9ed842a9ba48feee4cc78cac |
| institution | Directory Open Access Journal |
| issn | 2222-0712 2311-1186 |
| language | English |
| last_indexed | 2024-03-08T08:28:41Z |
| publishDate | 2019-09-01 |
| publisher | PH "INZHEK" |
| record_format | Article |
| series | Problemi Ekonomiki |
| spelling | doaj.art-b678a95d9ed842a9ba48feee4cc78cac2024-02-02T04:04:54ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862019-09-0134120821610.32983/2222-0712-2019-3-208-216Development of State Fiscal Institutions in the Context of Ensuring Economic Equilibrium in UkraineMarshalok Taras Ya. 0Ternopil National Economic University It is noted that the innovative revolution, technological and scientific breakthrough, emergence of new branches of the economy, the food crisis in the world and a considerable scientific, agricultural, technological potential of Ukraine are the key to its economic advancement. To achieve the highest strategic goals, it is necessary to develop a balanced and clear countercyclical state policy. The strategic benchmark of the policy should be support and development of innovations, and its integral part — a fiscal policy developed with consideration for the latest paradigm of countercyclical regulation with high-quality effective tools for ensuring economic growth and advance in living standards. These instruments should be undoubtedly based on discipline, openness and transparency in actions of managers engaged in its implementation; the ability to quickly and effectively respond to potential threats and challenges in the economy. This is possible provided the formation of a highly qualified government, which has necessary tools and skills in modeling economic conjuncture as well as the ability to use qualitative fiscal instruments of a stabilizing nature. And, most importantly, any actions should be rest upon a calculated strategy considering risks, threats and trends at the state and global level.https://www.problecon.com/export_pdf/problems-of-economy-2019-3_0-pages-208_216.pdffiscal policydiscretionary / non-discriminatory fiscal policycounercyclical regulation of the economygdppublic debtgovernment revenuesgovernment expendituressocially-oriented (paternalistic) fiscal policystate fiscal institutions |
| spellingShingle | Marshalok Taras Ya. Development of State Fiscal Institutions in the Context of Ensuring Economic Equilibrium in Ukraine Problemi Ekonomiki fiscal policy discretionary / non-discriminatory fiscal policy counercyclical regulation of the economy gdp public debt government revenues government expenditures socially-oriented (paternalistic) fiscal policy state fiscal institutions |
| title | Development of State Fiscal Institutions in the Context of Ensuring Economic Equilibrium in Ukraine |
| title_full | Development of State Fiscal Institutions in the Context of Ensuring Economic Equilibrium in Ukraine |
| title_fullStr | Development of State Fiscal Institutions in the Context of Ensuring Economic Equilibrium in Ukraine |
| title_full_unstemmed | Development of State Fiscal Institutions in the Context of Ensuring Economic Equilibrium in Ukraine |
| title_short | Development of State Fiscal Institutions in the Context of Ensuring Economic Equilibrium in Ukraine |
| title_sort | development of state fiscal institutions in the context of ensuring economic equilibrium in ukraine |
| topic | fiscal policy discretionary / non-discriminatory fiscal policy counercyclical regulation of the economy gdp public debt government revenues government expenditures socially-oriented (paternalistic) fiscal policy state fiscal institutions |
| url | https://www.problecon.com/export_pdf/problems-of-economy-2019-3_0-pages-208_216.pdf |
| work_keys_str_mv | AT marshaloktarasya developmentofstatefiscalinstitutionsinthecontextofensuringeconomicequilibriuminukraine |