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Aggregate Financial Potential of a Country: System Approach


  • Portna Oksana V.

    () (Kharkiv Institute of Economics of Market Relations and Management)


The goal of the article is to describe essence and specific features of system approach and also possibilities of its use when studying the aggregate financial potential of a country, justify application of this approach for construction of the model of effective functioning of the aggregate financial potential of Ukraine. Analysing and generalising scientific works of scientists the article considers views on the system science and unification of its methodological mechanism with acquisitions of the modern economic thought. In the result of the study the article identifies basic advantages and specific features of the system approach when revealing essence features of the aggregate financial potential of the country. The article identifies a new vector of application of system analysis and dominating logic of the aggregate financial potential of the country as a system-organising category. The prospect of further studies in this direction is application of means and methods of study of a system of the aggregate financial potential of the country.

Suggested Citation

  • Portna Oksana V., 2013. "Aggregate Financial Potential of a Country: System Approach," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 9, pages 293-298.
  • Handle: RePEc:idp:bizinf:y:2013:i:9:p:293_298

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    References listed on IDEAS

    1. Agell, Jonas & Lindh, Thomas & Ohlsson, Henry, 1997. "Growth and the public sector: A critical review essay," European Journal of Political Economy, Elsevier, vol. 13(1), pages 33-52, February.
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    3. Devarajan, Shantayanan & Swaroop, Vinaya & Heng-fu, Zou, 1996. "The composition of public expenditure and economic growth," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 313-344, April.
    4. David E. Bloom & David Canning & Jaypee Sevilla, 2001. "The Effect of Health on Economic Growth: Theory and Evidence," NBER Working Papers 8587, National Bureau of Economic Research, Inc.
    5. Agell, Jonas & Lindh, Thomas & Ohlsson, Henry, 1999. "Growth and the public sector: A reply," European Journal of Political Economy, Elsevier, vol. 15(2), pages 359-366, June.
    6. Michael Bleaney & Norman Gemmell & Richard Kneller, 2001. "Testing the endogenous growth model: public expenditure, taxation, and growth over the long run," Canadian Journal of Economics, Canadian Economics Association, vol. 34(1), pages 36-57, February.
    7. António Afonso & Ludger Schuknecht & Vito Tanzi, 2005. "Public sector efficiency: An international comparison," Public Choice, Springer, vol. 123(3), pages 321-347, June.
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