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TAVRIA STATE
AGROTECHNOLOGICAL UNIVERSITY
ISSN: 2524-0714

Please use this identifier to cite or link to this item: http://elar.tsatu.edu.ua/handle/123456789/3351
Title: Restrictions of Financing the Budget Deficit of Ukraine
Authors: Trusova, Natalia
Трусова, Наталя Вікторівна
Трусова, Наталья Викторовна
Kalchenko, Serhii
Кальченко, Сергій Володимирович
Кальченко, Сергей Владимирович
Tsap, Volodymyr
Цап, Володимир Дмитрович
Цап, Владимир Дмитриевич
Ternovsky, Volodymyr
Терновський, Володимир Олександрович
Терновский, Владимир Александрович
Levchenko, Olha
Левченко, Ольга Петрівна
Левченко, Ольга Петровна
Keywords: State budget
budget deficit
public debt
fiscal policy
domestic government debt bonds
Issue Date: 2017
Series/Report no.: International Journal of Economic Research;Vol. 14 (№14)
Abstract: The article deals with the need to minimize the impact of “withdrawal capital” to finance the budget deficit of Ukraine. It is proved that a large amount of “withdrawal capital” increases of the threat of inefficient provision of the balance of payments, does not encourage a close relationship of legal and illegal financial flows, does not allow to determine the actual destination of mobilized resources and their ability to finance the budget deficit. The fiscal policy as an instrument of redistribution of GDP in the short run is a macroeconomic stabilizer of counter inflation in the long period - stabilizer of legislative changes in the taxes and fiscal transfers to help vulnerable populations. The budget debt management policy should be seen as an activity of the state as the borrower and the guarantor of its obligations, including the coordination of objectives and methods to reduce the debt burden in the budget of Ukraine
URI: http://elar.tsatu.edu.ua/handle/123456789/3351
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