IDEAS home Printed from https://ideas.repec.org/a/idp/redpoe/y2014i1p31_36.html
   My bibliography  Save this article

Financial policy of prevention and liquidation of consequences of global economic instability: foreign experience

Author

Listed:
  • Petrushevska Viktoriia V.

    (Donetsk State University of Management)

Abstract

The article considers main measures of the financial policy realised in the countries of the world, in particular, Europe, USA, China and Japan, directed at prevention and liquidation of consequences of crisis phenomena of the world economy. It considers programmes of support of economy and financial sector of different countries adopted during the period of the world financial crisis of 2007 - 2009. It marks out that an important element of successful realisation of anti-crisis measures is a correct co-ordination of the budget and tax policy and money and loan policy. It positively marks out experience of application of active arbitrary stimulating policy under crisis conditions. In view of increase of efficiency of macro-economic management an important task of the future would be improvement of anti-crisis mechanisms with consideration of their influence upon short-term dynamics and long-term growth. The conducted analysis allows making a conclusion that mistakes of the financial policy are one of the main reasons of overheating the world economy, while analysis and use of experience of the leading countries of the world would allow increase of quality of the financial policy, directed at reduction of crisis vulnerability.

Suggested Citation

  • Petrushevska Viktoriia V., 2014. "Financial policy of prevention and liquidation of consequences of global economic instability: foreign experience," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 1, pages 31-36.
  • Handle: RePEc:idp:redpoe:y:2014:i:1:p:31_36
    as

    Download full text from publisher

    File URL: https://www.problecon.com/pdf/2014/1_0/31_36.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idp:redpoe:y:2014:i:1:p:31_36. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Rystenko (email available below). General contact details of provider: https://www.problecon.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.