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Finance and Credit
 

Active social policy as a special mechanism for reducing socio-economic inequality

Vol. 25, Iss. 9, SEPTEMBER 2019

Received: 25 July 2019

Received in revised form: 8 August 2019

Accepted: 22 August 2019

Available online: 30 September 2019

Subject Heading: FISCAL SYSTEM

JEL Classification: H53, I38

Pages: 2096–2108

https://doi.org/10.24891/fc.25.9.2096

Ermakova E.R. National Research Ogarev Mordovia State University (MRSU), Saransk, Republic of Mordovia, Russian Federation
eka-tsulaya@yandex.ru

https://orcid.org/0000-0001-8464-9605

Subject This article discusses the issues related to social policy of the State.
Objectives The article aims to justify the need for an active social policy, which may help consistently and systematically reduce the level of socio-economic inequality in the Russian society to the normal one.
Methods For the study, I used the methods of abstraction, analysis and synthesis, deduction and induction, comparison, classification, etc.
Results The article shows negative trends in financing the social needs of society. Offering a list of measures to revitalize social policy as a mechanism for reducing socio-economic inequality, the article justifies the need to activate more social policy instruments.
Relevance The results of the study can be used in shaping the direction and objectives of socio-economic policy.

Keywords: socioeconomic disparity, State social policy

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