Nonconventional Economic Policy as Theoretical Basis of Transformation of Public Administration of Economy
In the article, conceptual bases and a configuration of modern economic policy are characterized. At the same time, the prevailing (normal) conditions and a case of depressive economy are divided. To the first, there correspond the defining role of the monetary policy that is conducted in a format...
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| Autores principales: | , , |
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| Formato: | article |
| Lenguaje: | EN RU |
| Publicado: |
North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
2018
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| Materias: | |
| Acceso en línea: | https://doaj.org/article/9169ac51afa9426480dba19d50566182 |
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| Sumario: | In the article, conceptual bases and a configuration of modern economic policy are characterized. At the same time, the prevailing (normal) conditions and a case of depressive economy are divided. To the first, there correspond the defining role of the monetary policy that is conducted in a format of flexible targeting of inflation and asupporting role of the state budget subordinated to achievement of fiscal stability. A recurrence of depressive economy is followed by return of traditional Keynesianism and non-standard in comparison with the prevailing approaches of policy. The conclusion about essential dependence of processes of public administration on a condition of national economy is drawn. |
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