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Finance and Credit
 

State financial policy: formulation of goals problem

Vol. 16, Iss. 27, JULY 2010

Available online: 16 July 2010

Subject Heading: FINANTIAL POLICY

JEL Classification: 

Sabitova N.M. professor of chair «The Finance», Kazan State Finance and Economic Institute
sabitovanm@mail.ru

The paper deals with theoretical aspects of financial policy formulation. The analysis takes into account studies conducted by foreign authors. Consideration of financial policy by the author of the paper is based on the premise that the most important part of it is formulation of the goals of state financial policy. In the existing studies by foreign authors three major goals of financial policy of the state are singled out: redistribution of income, rendering of common goods and services, stabilization. In this respect the necessity of more clear formulation of financial policy of Russian Federation is suggested.

Keywords: financial policy, financial policy of the state, goals of financial policy, redistribution of income, rendering of common goods and services, stabilization, instruments of financial policy, budgetary and tax instruments, money instruments

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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