EVALUATION AND CHOICE OF FORMS OF STATE REGULATION OF INTENSIFICATION OF ECONOMIC GROWTH

Abstract

Relevance. Today, every state considers the problem of economic growth is the key, and in modern conditions of globalization and integration processes, the occurrence of crisis situations, increasing the likelihood of risks, limited natural resources, growing global competition, this problem is of fundamental importance. These tendencies also bring to the fore the necessity of choosing the most optimal forms of state regulation, ensuring the rational combination of market mechanisms and administrative interference in the economy.Purpose. Development of theoretical provisions and identification of the main directions of the evolution of the state regulations forms of intensification of economic growth on the basis of a comprehensive assessment of their impact on the economy.Methods. As a methodological basis of research were used methods of systematization, structuring of information, correlation and regression analysis, a system approach.Results. The article shows that state regulation of economy in market conditions is a necessary system of standard measures of legislative, executive and supervisory nature performed by the competent state bodies and public organizations in order to stabilize and adapt the existing socio-economic system to changing conditions. On the basis of systematization and generalization of theoretical and practical aspects of state regulation in Russia and in foreign countries we identified trends and patterns of state regulation of the intensification of regional economic growth, assessed their impact using the author’s method of regression analysis that allowed to identify the priority forms of state regulation. The approach proposed in the article for identification of the relationship between the resultant indicators of state regulation and the factor indicators that affected the results. It allows us to determine primary tools of macro-regulation.Conclusions. Our research demonstrates the need to implement various forms of state regulation in existing conditions of growing crisis trends, globalization, and geopolitical tensions. The preferable direction of state regulation is the intensification of economic growth — the fundamental factor of economic security and global competitiveness.

Keywords

• development strategy
• economic security
• innovation
• technology
• stimulus
• exemptions
• industry