Macroeconomic Regulation Principles as Fundamental Premises for Social Wellbeing and Growth of National Economies
Author(s) -
Maria V. Dykha
Publication year - 2014
Publication title -
the advanced science journal
Language(s) - English
Resource type - Journals
eISSN - 2219-7478
pISSN - 2219-746X
DOI - 10.15550/asj.2014.10.020
Subject(s) - sustainable development , economic system , economics , state (computer science) , political science , public economics , law , computer science , algorithm
The article analyzes the views of domestic and foreign scholars on the principles of macroeconomic regulation, studies the framework reserved by law regarding macroeconomic regulation principles in Ukraine, which are incorporated in the Budget Code of Ukraine, the Tax Code of Ukraine and the Law of Ukraine "The State Forecasting and Establishment of Programs for Economic and Social Development of Ukraine". The analysis of the present system of macroeconomic regulation showed that most principles are theoretical and of fiscal nature, though, socially oriented. The author offers a range of new principles. Among them are the principle of expediency, the principle of rational distribution of resources and the principle of priority. Only a pragmatic approach to solving problems of social and economic development of Ukraine, as well as the implementation of the strategic directions of development through systematic implementation of all principles will enable a balanced approach to solving social and economic problems and ensure sustainable development of Ukraine.
Accelerating Research
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom
Address
John Eccles HouseRobert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom