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State financial stability supporting continuous innovative development
State financial stability supporting continuous innovative development

Author(s): Natalia Pleshakova, Natalia Drozd
Subject(s): Economy
Published by: Prague Development Center
Keywords: Financial stability; innovation development; indicators for financial security; State support of innovation; global competitiveness

Summary/Abstract: The nature and indicators of financial stability of the state are presented. An issue of innovative development of the state is considered, its main difficulties and contradictions are defined. Trends and economic conditions for financial stability of the state in supporting innovation are substantiated. Special attention was paid to the factors to accelerate economic dynamics based on innovative mechanism, with appropriate set of direct financial, fiscal, legal, infrastructural, economic and political measures. It is proved that all the above measures are effective in their balanced unity under conditions of government providing with single framework for further innovative development.

  • Issue Year: 13/2013
  • Issue No: 2
  • Page Range: 5-11
  • Page Count: 11
  • Language: English
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