Scientific discussion on the essence of state financial regulation of socio-economic inequality in modern conditions
The article is devoted to the analysis of contemporary problems and peculiarities of regulating socio-economic inequality during the crisis and describes the financial crises’ impact mechanism on the state financial regulation evolution of economic inequality.In times of economic crises developed coun...
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| Format: | Article |
| Language: | Russian |
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State University of Management
2022-04-01
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| Series: | Управление |
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| Online Access: | https://upravlenie.guu.ru/jour/article/view/477 |
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| author | M. L. Dorofeev |
| author_facet | M. L. Dorofeev |
| author_sort | M. L. Dorofeev |
| collection | DOAJ |
| description | The article is devoted to the analysis of contemporary problems and peculiarities of regulating socio-economic inequality during the crisis and describes the financial crises’ impact mechanism on the state financial regulation evolution of economic inequality.In times of economic crises developed countries make unconditional distributions of money transfers to households to stimulate demand. New liquidity is distributed across the world economy, launching inflationary processes against the backdrop of significant problems with the supply of raw materials and materials due to the consequences of the COVID-19 pandemic. Public interest to the problem of growing socio-economic inequality is increasing along with the rise in the number of dollar millionaires and the financial assets prices. In many ways, this phenomenon is associated with the financial regulation specifics of the economy during times of crises.As a result of the study, the specifics and paradoxes of modern state financial regulation of economic inequality during times of crises have been substantiated, recommendations for state financial regulation of socio-economic inequality during the crisis have been formulated. Regulators should pay particular attention to the top 10 % of the population, for whom there are now many opportunities for tax optimisation and avoidance, with the result that even theoretically effective progressive tax systems do not work properly in practice. Developed countries should promote international tax cooperation to solve this problem, and developing countries should focus on improving their progressive tax systems. |
| format | Article |
| id | doaj-art-3d32af1fbc7d4b07a186d532f5a9d6f9 |
| institution | Kabale University |
| issn | 2309-3633 2713-1645 |
| language | Russian |
| publishDate | 2022-04-01 |
| publisher | State University of Management |
| record_format | Article |
| series | Управление |
| spelling | doaj-art-3d32af1fbc7d4b07a186d532f5a9d6f92025-02-04T09:04:39ZrusState University of ManagementУправление2309-36332713-16452022-04-0110151510.26425/2309-3633-2022-10-1-5-15314Scientific discussion on the essence of state financial regulation of socio-economic inequality in modern conditionsM. L. Dorofeev0Financial UniversityThe article is devoted to the analysis of contemporary problems and peculiarities of regulating socio-economic inequality during the crisis and describes the financial crises’ impact mechanism on the state financial regulation evolution of economic inequality.In times of economic crises developed countries make unconditional distributions of money transfers to households to stimulate demand. New liquidity is distributed across the world economy, launching inflationary processes against the backdrop of significant problems with the supply of raw materials and materials due to the consequences of the COVID-19 pandemic. Public interest to the problem of growing socio-economic inequality is increasing along with the rise in the number of dollar millionaires and the financial assets prices. In many ways, this phenomenon is associated with the financial regulation specifics of the economy during times of crises.As a result of the study, the specifics and paradoxes of modern state financial regulation of economic inequality during times of crises have been substantiated, recommendations for state financial regulation of socio-economic inequality during the crisis have been formulated. Regulators should pay particular attention to the top 10 % of the population, for whom there are now many opportunities for tax optimisation and avoidance, with the result that even theoretically effective progressive tax systems do not work properly in practice. Developed countries should promote international tax cooperation to solve this problem, and developing countries should focus on improving their progressive tax systems.https://upravlenie.guu.ru/jour/article/view/477economic inequalitypublic debtmonetary policysocio-economic policycrisispovertytaxesgovernment regulation |
| spellingShingle | M. L. Dorofeev Scientific discussion on the essence of state financial regulation of socio-economic inequality in modern conditions Управление economic inequality public debt monetary policy socio-economic policy crisis poverty taxes government regulation |
| title | Scientific discussion on the essence of state financial regulation of socio-economic inequality in modern conditions |
| title_full | Scientific discussion on the essence of state financial regulation of socio-economic inequality in modern conditions |
| title_fullStr | Scientific discussion on the essence of state financial regulation of socio-economic inequality in modern conditions |
| title_full_unstemmed | Scientific discussion on the essence of state financial regulation of socio-economic inequality in modern conditions |
| title_short | Scientific discussion on the essence of state financial regulation of socio-economic inequality in modern conditions |
| title_sort | scientific discussion on the essence of state financial regulation of socio economic inequality in modern conditions |
| topic | economic inequality public debt monetary policy socio-economic policy crisis poverty taxes government regulation |
| url | https://upravlenie.guu.ru/jour/article/view/477 |
| work_keys_str_mv | AT mldorofeev scientificdiscussionontheessenceofstatefinancialregulationofsocioeconomicinequalityinmodernconditions |