THEORETIC CONCOETUALIZATION
OF STATE LOANS
This article deals with economic, ethical and legal nature of state loans as a main form of state credit. The aims of debt policy at the current stage are singled out. The features of state loans, advantages and disadvantages of debt financing of budget expenditures are highlighted. The consequences of government expenditures' financing by state loans are considered
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Keywords: state credit, state loans, state debt, budget, budget policy, debt policy, loan market. |
THEORY
Bench Lilia
PhD, Associate Professor, SHEI «Kyiv National Economic University named after Vadym Hetman»
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