Управленческое консультирование (Apr 2018)

Nonconventional Economic Policy as Theoretical Basis of Transformation of Public Administration of Economy

  • Aleksandr Nickolaevich Petrov,
  • Nikolay Nikolaevich Smirnov,
  • Lyudmila Afanasievna Trofimova

Journal volume & issue
Vol. 0, no. 12
pp. 83 – 91

Abstract

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In the article, conceptual bases and a configuration of modern economic policy are characterized. At the same time, the prevailing (normal) conditions and a case of depressive economy are divided. To the first, there correspond the defining role of the monetary policy that is conducted in a format of flexible targeting of inflation and asupporting role of the state budget subordinated to achievement of fiscal stability. A recurrence of depressive economy is followed by return of traditional Keynesianism and non-standard in comparison with the prevailing approaches of policy. The conclusion about essential dependence of processes of public administration on a condition of national economy is drawn.

Keywords