SCIENTIFIC DISCUSSION ON THE ESSENCE OF STATE FINANCIAL REGULATION IN MODERN CONDITIONS
There is no doubt that the role of the state and its regulatory intervention in the economy in the era of regulated market economy is very high, since it allows us to overcome unprecedented challenges such as the COVID-19 pandemic in 2020. The article analyses the concept of state financial regulati...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Publishing House of the State University of Management
2021-05-01
|
| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/2781 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832541689457147904 |
|---|---|
| author | M. L. Dorofeev |
| author_facet | M. L. Dorofeev |
| author_sort | M. L. Dorofeev |
| collection | DOAJ |
| description | There is no doubt that the role of the state and its regulatory intervention in the economy in the era of regulated market economy is very high, since it allows us to overcome unprecedented challenges such as the COVID-19 pandemic in 2020. The article analyses the concept of state financial regulation in modern conditions on the basis of various Russian and foreign sources. A review of scientific literature showed that this concept is interpreted differently and, in general, opinions can be combined into two groups: a scientific school that believes that financial regulation is the prerogative of fiscal authorities and manifests itself in the budgetary process; a scientific school that considers this process as the actions of a prudential regulator responsible for the stability of the financial system and the banking sector of the economy. The result of the research paper are the analysis of the causes of differences in opinions and the suggests to eliminate existing contradictions in the form of text, graphical and classificational definitions of the concept under study – government financial regulation. |
| format | Article |
| id | doaj-art-6a0ebf1c5af7422d9a9f20ef99e14502 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2021-05-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-6a0ebf1c5af7422d9a9f20ef99e145022025-02-04T08:28:07ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152021-05-010314014810.26425/1816-4277-2021-3-140-1482005SCIENTIFIC DISCUSSION ON THE ESSENCE OF STATE FINANCIAL REGULATION IN MODERN CONDITIONSM. L. Dorofeev0Financial UniversityThere is no doubt that the role of the state and its regulatory intervention in the economy in the era of regulated market economy is very high, since it allows us to overcome unprecedented challenges such as the COVID-19 pandemic in 2020. The article analyses the concept of state financial regulation in modern conditions on the basis of various Russian and foreign sources. A review of scientific literature showed that this concept is interpreted differently and, in general, opinions can be combined into two groups: a scientific school that believes that financial regulation is the prerogative of fiscal authorities and manifests itself in the budgetary process; a scientific school that considers this process as the actions of a prudential regulator responsible for the stability of the financial system and the banking sector of the economy. The result of the research paper are the analysis of the causes of differences in opinions and the suggests to eliminate existing contradictions in the form of text, graphical and classificational definitions of the concept under study – government financial regulation.https://vestnik.guu.ru/jour/article/view/2781financial regulationmonetary policyfiscal policymacroprudential policybudgetcentral bankbanking systembudget systemtax system |
| spellingShingle | M. L. Dorofeev SCIENTIFIC DISCUSSION ON THE ESSENCE OF STATE FINANCIAL REGULATION IN MODERN CONDITIONS Вестник университета financial regulation monetary policy fiscal policy macroprudential policy budget central bank banking system budget system tax system |
| title | SCIENTIFIC DISCUSSION ON THE ESSENCE OF STATE FINANCIAL REGULATION IN MODERN CONDITIONS |
| title_full | SCIENTIFIC DISCUSSION ON THE ESSENCE OF STATE FINANCIAL REGULATION IN MODERN CONDITIONS |
| title_fullStr | SCIENTIFIC DISCUSSION ON THE ESSENCE OF STATE FINANCIAL REGULATION IN MODERN CONDITIONS |
| title_full_unstemmed | SCIENTIFIC DISCUSSION ON THE ESSENCE OF STATE FINANCIAL REGULATION IN MODERN CONDITIONS |
| title_short | SCIENTIFIC DISCUSSION ON THE ESSENCE OF STATE FINANCIAL REGULATION IN MODERN CONDITIONS |
| title_sort | scientific discussion on the essence of state financial regulation in modern conditions |
| topic | financial regulation monetary policy fiscal policy macroprudential policy budget central bank banking system budget system tax system |
| url | https://vestnik.guu.ru/jour/article/view/2781 |
| work_keys_str_mv | AT mldorofeev scientificdiscussionontheessenceofstatefinancialregulationinmodernconditions |