Overcoming budget deficit during economics healing

Budget deficit, chronic drilling of the economy, swelling of hopeless debts of enterprises, the growth of cash and non-cash credit-money circulation - these are the components of the financial crisis that has embraced our national economy. All of them are financial factors of modern inflation in the country. Overcoming inflation will allow you to put into operation a powerful arsenal of financial regulation tools. Determining the scale and direction of the movement of financial flows in the economic system of the country, regulating the conditions for the formation of own and borrowed funds of enterprises, state planning and management bodies will receive ample opportunities to set the basic parameters of accumulation and consumption, stimulate the structural restructuring and the development of R & D. It is fundamentally important that it is not possible to do this not against the imperatives of the market, not administratively, but using economic instruments and levers.

The main efforts should be aimed at regulating the market through strictly coordinated application of budget and credit-monetary measures. Global general economic methods of such regulation should include impact on aggregate demand using budget spending and income, determining the terms of credit expansion or restriction, the establishment of credit-circulation parameters.

Macroeconomic planned regulation can and should be supplemented with selective methods of impact on individual industries and sectors. In international practice, measures are well known that allow the state to conduct targeted structural policies. These include: accelerated depreciation of the main capital funds and an investment loan (tax discount) both by investigations and on the cost of R & D; providing a preferential loan to priority industries and regions; Accommodation on a competitive basis in the form of bidding of a state order for a number of types of products, primarily in the high-tech industries; Investing budget funds in a number of infrastructure facilities, all these measures should be used both by central and regional authorities.

The priority tasks of the economic policy in the USSR undoubtedly belongs to the structural restructuring of the economy. Redistribution of financial and material resources in favor of high-tech, high-tech industries, promoting innovations on the basis of widespread R & D, the fundamental change in the structure of investments and improving production efficiency can be achieved with the full use of the potential of an updated financial system. https://angel.co/p/max-polyakov