Theoretical issues and models of the state regulation of economy
https://doi.org/10.21285/2227-2917-2021-4-588-601
Abstract
Analysing the models of state regulation revealed the total variability of governmental intervention in the economic life of society. The heterogeneity of the results associated with identical economic policies applied to different countries and historical stages is noted. The work aims to demonstrate the comparative advantages and disadvantages of different models of the state regulation of economy. The article examines and analyses various approaches to state regulation of economic activity; the views of leading scientists on this issue were studied. It was established that selecting a model is substantiated by the state of social and economic development, the mentality of the population, as well as many other factors, and can vary from extreme deregulation of various industries to the state monopoly on producing all types of products. In conclusion, it is necessary to establish optimal directions in implementing the policy of state regulation of the economy based on the compilation of individual theoretical models since the differences between some of them have become conditional.
About the Author
S. E. Trofimov
Baikal State University
Russian Federation
Competing Interests:
Russian Federation
Sergei E. Trofimov - Cand. Sci. (Econ.), Baikal State University.
11 Lenin St., Irkutsk, 664011
Competing Interests:
None
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For citations:
Trofimov S.E. Theoretical issues and models of the state regulation of economy. Izvestiya vuzov. Investitsii. Stroitelstvo. Nedvizhimost. 2021;11(4):588-601. (In Russ.) https://doi.org/10.21285/2227-2917-2021-4-588-601
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