BUSINESS INFORM №3-2018

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Section: Finance, Money Circulation and Credit
UDC 336.143.21
Tarasyuk M. V., Timoshenko N. M.
The System of Budget Deficit Management (p. 285 - 290)
The article is aimed at studying the views of scientists on the concept of budget deficit management and determining the main elements of system of budget management of the negative budget balance. According to the considered positions of scientists together with own researches, the own interpretation of the concept of budget deficit management has been proposed. The system of budget deficit management is proposed in the form of three main blocks – spheres, links, and methods of management. All elements of the system are interrelated and lead to the main goal of budget deficit management, which is the optimal size of the budget deficit. The methods of budget financing are considered: emission, fiscal, and debt sources. The main advantages and disadvantages of each of them have been determined, it has been concluded about the safest source of fund-raising – the market of government securities.
Keywords: budget deficit, budget deficit management, system of budget deficit management, methods of financing the budget deficit, market of government securities.
Fig.: 1. Bibl.: 12.

Tarasyuk Mykhailo V. – Doctor of Sciences (Economics), Professor, Department of Finance, Kyiv National University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: [email protected]
Timoshenko Nataliia M. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Vinnytsia Trade and Economic Institute of the State Trade and Economic University (87 Soborna Str., Vinnytsia, 21050, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Tarasyuk, Mykhailo V., and Timoshenko, Nataliia M. (2018) “The System of Budget Deficit Management.” Business Inform 3:285–290.

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