Priorities in the State Economic Policy (Theory and Practice)

#7. Hysteresis Loop
Priorities in the State Economic Policy (Theory and Practice)

The article considers the techniques for choosing priorities of economic development from points of view of various economic theory schools. The authors are keen to show the importance of defining priorities for realization of strategic planning idea on the basis of international experience and tools of economic policy. The authors are inclined to believe that the top priority of economic policy should be the population welfare growth, which can be achieved in different ways using different tools.

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