scholarly journals Place and role of the state in developing and reforming the regional investment and construction complex

2019 ◽  
pp. 82-89
Author(s):  
Yurii Prav
Keyword(s):  
Public Administration ◽  
The State ◽  
Raw Material ◽  
Significant Drop ◽  
Investment Activity ◽  
Public Regulation ◽  
Sectoral Structure ◽  
Regional Investment ◽  
Role Of The State

It is noteworthy that currently one can see significant drop in the number of investments in the investment complex, on which a structural transformation of the economy actually depends. The investment sectoral structure is deteriorating, which is expressed in a growing share of raw-material industries, and not only the sectoral structure is changing for the worse, but also is the technological structure of capital investments whose effectiveness also decreases. It is impossible to solve the problem of organizational and economic support of the investment and construction complex’s sustainable development without the state’s active interference in the business of market economy operators. When solving this issue, one should take into account interests of the state, organizations and enterprises, employees, shareholders, clients and consumers, raw material suppliers, and also interests linked to banking operations. Public administration should facilitate the investment process in the investment and construction complex in taking modern market forms. Basic directions of public administration of the investment and construction activities is strengthening the state power, establishing an effective economy, improving and developing the construction complex and the tool kit of the investment activity public administration. Activating the investment and construction activities and increasing the investment amounts should become the focus of the government’s attention. The article’s purpose is to identify the place and role of the state in developing and reforming the regional investment and construction complex and working out the basic components of its public regulation. It is determined that it is the regional nature of construction that casts a certain shadow on the entire investment and construction complex. The article distinguished main stages of the process of administering the investment and construction complex. The author reviews and suggests the basic components of public regulation of a regional investment and construction complex.

Transformation of the State and Political Economy of the Governance

2020 ◽  
pp. 239-257
Author(s):  
Emek Yıldırım
Keyword(s):  
Political Economy ◽  
Public Administration ◽  
Institutional Economics ◽  
New Institutional Economics ◽  
The State ◽  
State Model ◽  
Functional Changes ◽  
The Public ◽  
Role Of The State

By the 1980s and 1990s, neoliberal policies such as privatizations and deregulations transforming the minimal state model to regulative state model from the Keynesian social welfare state system made some structural and functional changes in the state mechanism, and the public administration has been in the first place due to the changing relationship between the state and the market. In fact, within this context, the new institutional economics (NIE) had a remarkable influence upon the debates upon the altering role of the state. Hence, the transformation of the state in this regard also revealed the argumentations on the governance paradigm along with the doctrinaire contributions of the new institutional economics. Therefore, this chapter will discuss the transformation of the state and the political economy of the governance together with a critical assessment of the new institutional economics in the public administration.

scholarly journals The role of the state in ensuring food import substitution at the regional level in a pandemic

2021 ◽  
Vol 37 ◽  
pp. 00087
Author(s):  
Tatyana Solovyova ◽  
Danil Zyukin
Keyword(s):  
Financial Support ◽  
Financial Stability ◽  
Arable Land ◽  
Import Substitution ◽  
The State ◽  
Production Cycle ◽  
Investment Activity ◽  
Role Of The State ◽  
The Impact

The study analyzes the aspects that determine the change in the role of the state and the form of its impact on the agricultural sector in the context of the impact of the pandemic on all socio-economic processes in the country. The article reveals the importance of implementing the import substitution program from social and economic positions for Russia. A complex of adverse consequences brought by the pandemic to the public life and economy of the country is given, which determines the change in the role of the state in matters of regulation and direct financial support of agricultural production. The article discusses the advisability of using "helicopter money" as a way to help the population in difficult social conditions and at the same time as a way to stimulate effective demand for essential domestic products, including food products. In the context of a pandemic, the necessity of payments to support direct agricultural producers to maintain their financial stability is substantiated, the calculation of which is recommended to be tied to the arable land area and livestock population. The study provides a list of basic principles that are recommended to be applied when using instruments of direct financial support and regulation from the state. It is important to ensure not only the survival of agribusiness in the current conditions, but also to create opportunities for maintaining investment activity in the implementation of large projects, as well as to ensure the maintenance of the level of intensification in the current production cycle.

Understanding the Relationship Between the State and Markets in Public Administration

2018 ◽  
pp. 11-25
Author(s):  
Jyldyz T. Kasymova
Keyword(s):  
Public Choice ◽  
Public Administration ◽  
The State ◽  
Elite Theory ◽  
Theoretical Perspectives ◽  
Role Of The State ◽  
The Relationship ◽  
Choice Approach ◽  
Public Choice Approach

This chapter evaluates several theoretical perspectives to examine the role of the state and its relationship with markets. It divides theories into two groups: macro and micro. The macro theories covered in the chapter include Adam Smith's approach, Keynesian views, the Austrian school of thought, Marxism, pluralist theory, public choice approach, and elite theory. The selected macro theories provide an elaborate perspective on the relationship between markets and the state. In order to have a holistic picture the chapter also discusses several micro theories, which effectively depict the relationship between markets and the state from the budgetary perspective. Incrementalism and punctuated equilibrium are included in the evaluation. The application of theories in relation to specific public policies is provided.

Independent regulatory authorities in Turkish public administration

2016 ◽  
Author(s):  
Mehmet Gokus
Keyword(s):  
Public Administration ◽  
General Information ◽  
The State ◽  
Regulatory Authorities ◽  
Role Of The State ◽  
Banking Business ◽  
The Government ◽  
Administrative Units ◽  
Regulatory Functions

First examples of institutions called as independent regulatory authorities or agencies and being outside of the classic administrative structure have emerged in Anglo-Saxon countries. Starting from 1970s, these institutions have also started to be given place also in some countries in continental Europe.Together with the influence of globalization process and developments occurring in the field of public administration in 1980s, regulatory functions of the government became prominent. In this process, independent regulatory authorities began to spread rapidly as new actors of this function. While weakening the state as an economic actor, liberalisation and privatization policies, strengthened the regulatory role of the state since 1980s in Turkey. To play this new role, independent regulatory authorities began to show presence as administrative institutions carrying unique features in terms of structuring and staying outside of the classical organization of administration. Independent regulatory authorities also undertook the role of minimizing the problems emerging due to populist attitudes of governments and loosening the ties between politics and economics in especially strategically important areas (energy, capital market, banking business). The common feature of these authorities is considered as being autonomous administrative units undertaking “regulation” and “supervision” activities in the fields and sectors like competition, banking, finance, communication, human rights, food and drug safety.In this study, after giving general information about the independent regulatory authorities,the debate on determining constitutional position of these authorities in Turkish Public Administration system will be handled and evaluated. Keywords: independent, authorities, government, Constitution

scholarly journals The Essence and Specific Characteristics of the Fiscal Mechanism for Regulating the Investment Development of the National Economy

2020 ◽  
Vol 9 (3) ◽  
pp. 78
Author(s):  
Viktoriia Rudenko ◽  
Ruslan Voloshchuk
Keyword(s):  
National Economy ◽  
Self Regulation ◽  
Developed Countries ◽  
The State ◽  
Market Mechanism ◽  
Investment Activity ◽  
Role Of The State ◽  
Investment Process ◽  
The Impact

The issues of the place and role of the state in the investment process has not lost relevance for many decades. Some scholars, appealing to the experience of developed countries, propose to minimize the role of the state in the investment sphere. This view is based on the fact that state participation cannot ensure a more efficient allocation of investment resources than a market mechanism of self-regulation. Other scholars believe that all the troubles in the economy are due to the fact that the state has minimized its influence on the investment sector, thereby causing a decrease in its activity. Obviously, both positions of scientists cannot be rejected mechanically. However, the practice of conducting investment activities in Ukraine has clearly shown that the state's departure from the investment sphere has actually cleared the way for anarchy and inconsistency in the investment process. At present, the state is obliged to influence investment activity by choosing effective means of its regulation, relying primarily on the fiscal mechanism. The article is devoted to the study of the essence of the fiscal mechanism for regulating the investment development of the national economy and the identification of its specific features. The specifics of the scientific tasks that are the subject of the study required the use of a set of special methods, the use of which helped to analyze the essence of the fiscal mechanism for regulating the investment development of the national economy and to highlight its specific characteristics. The etymology of the concept of “fisc” is considered in the article. Approaches to the interpretation of the term “mechanism” are highlighted. The economic meaning of the definition of “regulation” is substantiated. The essence of the fiscal mechanism for regulating the investment development of the national economy is determined. The specific features of the fiscal mechanism for regulating the investment development of the national economy are singled out and characterized. The study found that the impact of the fiscal mechanism on the investment development of the national economy is due to its specific characteristics and the focus of its components at solving specific problems and achieving a real effect due to financial resources that are formed, distributed and used to meet the investment needs of economic entities.  Keywords: fisc, mechanism, regulation, investment development, fiscal mechanism for regulating the investment development of the national economy

Macroeconomic effects of the pandemic and prospects for economic recovery (Proceedings of the roundtable discussion at the XXII April international academic conference on economic and social development)

2021 ◽  
pp. 5-30
Author(s):  
A. N. Shokhin ◽  
N V. Akindinova ◽  
V. Y. Astrov ◽  
E. T. Gurvich ◽  
O. A. Zamulin ◽  
...  
Keyword(s):  
Social Development ◽  
The State ◽  
Economic Recovery ◽  
Roundtable Discussion ◽  
Main Attention ◽  
Investment Activity ◽  
Role Of The State ◽  
Academic Conference ◽  
The Impact

The roundtable participants assessed the effects of the pandemic and analyzed its consequences, the impact on economic and social development. The main attention in the discussion was paid to the pace of economic recovery, anti-crisis mechanisms to support the economy in 2020, which can become systemic, aimed at stimulating investment activity, and suggest new approaches to solving social problems. The participants in the discussion proposed considering the possibility of strengthening the countercyclical nature of the fiscal rule, taking into account not only oil prices, but also other factors of economic activity. It was noted that investments in many sectors have increased, but mainly due to budgetary sources, the role of budgetary policy has also increased. During the pandemic, the role of the state has changed: it has become not only a source of funds, but also a guarantor of investments and social payments. However, the roundtable participants noted that this new role of the state should not be ensured by raising taxes.

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