The Budget Policy in Conditions of Strengthening of Integration Processes
The article discloses the essence of budget policy and defines its features in conditions of strengthening of integration processes. The analysis and assessment the share of the public debt and the budget deficit in the GDP of the European Union Member States for 2007 – 2016 were carried out. The ap...
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2017-11-01
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| Series: | Bìznes Inform |
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| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2017-11_0-pages-323_327.pdf |
| _version_ | 1811318159732375552 |
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| author | Makogon Valentina D. |
| author_facet | Makogon Valentina D. |
| author_sort | Makogon Valentina D. |
| collection | DOAJ |
| description | The article discloses the essence of budget policy and defines its features in conditions of strengthening of integration processes. The analysis and assessment the share of the public debt and the budget deficit in the GDP of the European Union Member States for 2007 – 2016 were carried out. The approaches to ensure the balance of budget in the conditions of transformational changes have been defined. It has been substantiated that measures on reduction of budget deficit should be carried out in stages with simultaneous increase of efficiency of public production, provision of recovery of national economy, that is a guarantee of the financial-budgetary stability of the country and a source of growth of financial resources; an important strategic objective of budget policy is to optimize and restructure expenditures of budgets of different levels, including by directing them towards solving the problems of structural adjustment of economy and concentration in its prospective sectors. |
| first_indexed | 2024-04-13T12:21:58Z |
| format | Article |
| id | doaj.art-f18b73faef4e486986a931ecb1cdf066 |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-04-13T12:21:58Z |
| publishDate | 2017-11-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-f18b73faef4e486986a931ecb1cdf0662022-12-22T02:47:12ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2017-11-0111478323327The Budget Policy in Conditions of Strengthening of Integration ProcessesMakogon Valentina D. 0Candidate of Sciences (Economics), Senior Research Fellow, Senior Research Fellow, Department of Budget System of Research Institute of Finance, Kyiv National University of Trade and EconomicsThe article discloses the essence of budget policy and defines its features in conditions of strengthening of integration processes. The analysis and assessment the share of the public debt and the budget deficit in the GDP of the European Union Member States for 2007 – 2016 were carried out. The approaches to ensure the balance of budget in the conditions of transformational changes have been defined. It has been substantiated that measures on reduction of budget deficit should be carried out in stages with simultaneous increase of efficiency of public production, provision of recovery of national economy, that is a guarantee of the financial-budgetary stability of the country and a source of growth of financial resources; an important strategic objective of budget policy is to optimize and restructure expenditures of budgets of different levels, including by directing them towards solving the problems of structural adjustment of economy and concentration in its prospective sectors.http://www.business-inform.net/export_pdf/business-inform-2017-11_0-pages-323_327.pdfbudget policybudget strategybudget planningbudget deficitpublic debt |
| spellingShingle | Makogon Valentina D. The Budget Policy in Conditions of Strengthening of Integration Processes Bìznes Inform budget policy budget strategy budget planning budget deficit public debt |
| title | The Budget Policy in Conditions of Strengthening of Integration Processes |
| title_full | The Budget Policy in Conditions of Strengthening of Integration Processes |
| title_fullStr | The Budget Policy in Conditions of Strengthening of Integration Processes |
| title_full_unstemmed | The Budget Policy in Conditions of Strengthening of Integration Processes |
| title_short | The Budget Policy in Conditions of Strengthening of Integration Processes |
| title_sort | budget policy in conditions of strengthening of integration processes |
| topic | budget policy budget strategy budget planning budget deficit public debt |
| url | http://www.business-inform.net/export_pdf/business-inform-2017-11_0-pages-323_327.pdf |
| work_keys_str_mv | AT makogonvalentinad thebudgetpolicyinconditionsofstrengtheningofintegrationprocesses AT makogonvalentinad budgetpolicyinconditionsofstrengtheningofintegrationprocesses |