UDC: 332.02
https://doi.org/10.25198/2077-7175-2019-6-125

FINANCICAL POLICY: THE PROBLEM OF TRAJECTORY GROWTH

V.A. Chernenko

St. Petersburg state University of Economics, St. Petersburg, Russia

e-mail: chernenko1003@yandex. ru

Abstract. The urgency of the problem is due to the need to create conditions for the national economy, ensuring sustainable development of economic entities, the allocation of existing regulatory problems that hinder the development of the main parts of the financial system. The purpose of the article is to consider existing approaches to the regulation of the economy, to determine the reasons for the use of "old" tools in the regulatory process and to justify new approaches to ensure economic growth.

As a starting point the theory of monetarism, the essence of which is to control inflation, and the role of the state to monitor and control the flow of money. Identify the causes of ineffective regulation of the national economy, and highlighted the causal relationships influencing the growth of investment activity; developing of new approaches to financial regulation of the economy in addressing the complex interrelated problems in the establishment of the Foundation, contributing to the growth of the economy. Recommendations on changing financial relations aimed at increasing the stability of private business, increasing real incomes, reducing social tension in society are given. The results obtained in the course of the study can be used by regulators in the formation of a new paradigm in the process of regulating the national economy.

Keywords: economic growth, regulation, inflation, investments, banking system, control, national projects, financial resources, pension reform, financing.