Study of the experience of state regulation of the economy in various countries

Abstract

The experience of the considered countries shows that in the arsenal of powerful levers of state regulation of the economy, the mechanism of use of financial resources and collection of taxes occupies a proper place. Firstly, the financing policy (subsidies, subventions, budget expenditures) is being implemented to accelerate the development of planned and high-tech industries. Secondly, an important role in the implementation of structural and investment policy is played by the taxation mechanism, which makes it possible to increase the interest of business entities in the advanced development of manufacturing industries, as well as industries capable of replacing imports and ensuring the production of competitive products.