Экономические науки/1. Банки и банковская система 

Master of 1 course of the Institute of World Economy and Finance

Bokova Natalia

Volgograd State University, Russia

The state's role in the modern economy

Any modern economy - it is a combination of monopoly and competition. In industrialized countries market ratio between them is held, as a rule, within the range that allows increase economy and increase efficiency. The Russian monopoly is skewed excessive in nature and goes far beyond the norms dictated by the market. Do not rely solely on the market, believing that he can do everything. There are functions that he is simply unable to perform even in the most ideal case when provided the conditions of perfect competition or those close to them. Such cases received in the name of economic theory of market failures. Under market failure neoclassical theory understands the situation in which the unregulated market does not provide the best solution. Even from the point of view of economic efficiency, and does not allow to achieve the social goals set by the company. Therefore, the elements of state regulation, which are designed to adjust, correct, if not completely eliminate, emerging market imperfections. Market imperfections is also associated with the presence of the so-called externalities or spillovers.

Externalities - these are the costs that the individual or company cause other persons and companies, but for which the last on the market conditions are not required to pay. This so-called negative externalities. Externalities - it also benefits that person or firm receive from the activities of other economic agents, and for which they are not required to pay, it is a positive externality.

Examples of negative externalities.

Examples of negative externalities are:

- Pollution industrial enterprise, their emissions of gases and particulate matter in the atmosphere;

- Discharge of toxic substances into natural water bodies, which are in common use;

- Violation of occupational safety rules, the noise of planes and other modes of transport;

- Damage to forests and agricultural land, as well as fishery resources in the construction of river dams, and so on.

Damage in this case the damage is usually either not paid at all or are not fully paid. In a broader sense all uses of the natural environment, whether human, animal, plant or inorganic nature, without compensation for the damage caused to it belongs to the category of negative externalities. In the planned economy, large enterprises to bear the cost for maintenance of entire villages and towns, especially in the North, along with their complete infrastructure. However, strictly speaking, it is not included in production costs. there was a problem of the enterprise release of these additional costs in the transition to the market. Meanwhile, there is a typical example of externalities that under socialism solves almost merge business management with urban management. In fact, it was a different object management rights in public property. The city can not exist without the enterprise, and the enterprise - without the city. Trying their separation today, for example, within the Norilsk Combine, it argued that "so accepted in market economies." Meanwhile, in the past a similar merger is not excluded if it maximizes the joint marginal effect. Throw off the cares of the city, the plant can win in the short term. But is it really continue to operate profitably and effectively, leaving the northern city could not capable of independent survival, to fend for themselves?

Examples of positive externalities.

An illustration of the positive externalities are:

- The useful effect of the establishment of enterprises in labor-surplus or chronically depressed areas, the opposite effect has the closure of the company;

- Construction of dams for flood protection;

- Construction of roads and communications, from which economize not only the customer but also other economic actors who are nearby and have the opportunity of free access;

- Uncontrolled beneficial effects of some industries, for example, beekeeping contributes to pollinate useful plants in the county.

In many cases, these beneficial effects are not paid by consumers, with the market can not make them pay.

Thus, the existence of externalities leads to the fact that firms do not pay extra to the cost and therefore produce more products than it is beneficial to the whole of society, with negative externalities. Either overpay on costs and therefore produce less than they otherwise would, with positive externalities.

You can give a more precise definition of externalities - either positive or negative difference between private and social marginal cost. In certain limits externalities can be minimized by distributing the appropriate costs or benefits between the companies. For example, if the waste of one company adversely affect the affairs of the other firms may agree among themselves on how to pay for the reduction or elimination of hazardous waste in the interests of both parties. In other cases, the problem is solved by combining two or more business entities for the joint costs of positive externalities that they share. In all such cases there is the internalization of externalities through the clarification of property rights.

When the problem of externalities can not be solved by agreements between the companies, in case the state has to intervene. Especially if it does not want to allow to destroy this or that sphere of socially useful activity. The difference between private and social marginal cost exists everywhere in the modern economy. Therefore, the market system can not be effective if it works in principle, only on the basis of the private costs and ignores social - public.

State intervention is necessary. Meanwhile, the state, too, apparently, are not always able to determine the exact size of the difference between private and social costs. In other words, it is impossible to achieve the full effectiveness of the distribution or the unregulated market or at government intervention. However, try to minimize the difference needed.

Examples of the economic goals of the state.

Regulation of the market, the state of the economy is manifested through the implementation of its economic functions, which are quite diverse and are aimed at achieving the following economic objectives:

- Economic growth: assumes an increase in the volume of production of material goods, improving their quality, providing a higher standard of living.

- Cost-effectiveness - requires obtaining the greatest best results at the lowest cost of the limited production resources.

- Full employment - will enable anyone who is able and willing to work, employment and workplace according to their needs and expertise.

- Stable prices: significant increase or decrease in the general price level will destabilize the economy as a whole. There is tension, different kind of difficulty in the economy: inflation and deflation, which is very important to avoid.

- Economic freedom: entrepreneurs, business entities of the market economy should have in economic activity a high degree of freedom.

- Equitable distribution of income: from the perspective of a market economy proceeds received as a result of competition are valid. The principle of "on an equal equity - equal to the profit of" acts as a trend. Egalitarian distribution is unacceptable; At the same time, no group of citizens in a civilized society should not remain in poverty when others are bathed in luxury.

- Economic security - ensuring the nominal existence of the state budget. Including at the expense of various social and charitable funds chronically ill, the disabled, the handicapped, the elderly and other dependents.

- Trade balance - includes maintaining a reasonable balance of exports and imports of foreign trade of the national economy, as well as the balance of international financial transactions.

This list can be extended and other objectives, such as improving environmental protection and so on.

Analysis of these goals allows you to note that some things can be in contradiction or mutually exclusive. For example, economic growth and full employment can cause higher prices and generate inflation. The desire to ensure equality in the distribution may reduce the motivation for creative, risk-taking work and thereby weaken economic growth. Therefore, society must develop a system of priorities in the implementation of the tasks that will be different for different periods of time, for individual countries and regions. Develop specific programs to achieve major economic goals of society is at the heart of economic policy of a State.

Economic policy is closely related to the domestic and foreign policy of the state, and even with the state ideology in politics. Economic policy embodies the political views of the government, the political doctrine of the state and at the same time it is designed to facilitate the creation of economic conditions, the economic basis of the state policy. So what political forces, political parties, movements can have a tangible impact on the economic course of the government's economic policy.

In the economic literature there are different approaches to the characterization of the concept of "economic policy". Here is an alternative definition is quite common in the world's economic literature. According to the famous German scientist H. Hirsch, the economic policy of the state is a set of measures aimed at ensuring the optimization of economic processes that affect them directly or predetermining their course. Speaking about the content of economic policy, it is appropriate to take into account several key points:

1. Economic policy has been influenced by two aspects: changes in the economic situation, on the one hand, and changes in economic thinking, on the other. They are interrelated, but at the same time have a relative independence. In the process of social development economic thinking will inevitably change, as well as other ideas about values. Therefore, even the traditional solution to the problems often occurs with new positions.

2. Currently, the practice shows that the effect of economic policies is higher in the case where the decisions are taken by the government with a focus on the existing realities in the country. That is the political balance of power and the country's level of development: production and technical potential, the state of the social structure, institutional order at the national and local government.

3. Economic policy is an essential tool to support the political course of the country.

These goals are realized, if the state in the face of the government fulfills at least the following economic functions:

- Creation of a legal framework and social environment conducive to the prosperity of the market;

- The protection of competition;

- The production of socially important goods and services;

- Protection of the population from the harmful side effects of entrepreneurship;

- Redistribution of income and resources;

- Stabilization of the economy.

State regulation in agriculture of countries with developed market economy necessarily related to long-term dynamics of the relationship between prices and costs. Agriculture, with its large number of independent producers in principle as close as possible to the free competition model. At the same time, often rural producers become commercially available industrial products: fuel, fertilizers, agricultural machinery, and the like. They are opposed by industrial firms, which operate as a rule, on the basis of oligopolistic. means of production prices for farmers vary little and have a tendency to systematically increase, as a rule, overtaking the growth of agricultural prices in the long run. There are so-called "price scissors".

This made it necessary to regularly adjust the prices guaranteed by the state, indexing them by so-called "parity." For parity taken some initial ratio between agricultural and industrial prices, which relies acceptable and fixed price increases as parity growth.

A similar system exists in the framework of the European Union, as well as in almost all developed countries. As a result, prices for agricultural products everywhere there were significantly higher than the world price, which sells cheaper products in less developed countries. In order not to undermine its own agriculture, the rich countries have, on the one hand, to maintain high import duties on agricultural products. On the other hand, to pay subsidies to exporters on the export of domestic agricultural products abroad. The total amount of subsidies for maintaining agriculture in rich countries is estimated at $ 100 billion

Russia has also provided subsidies for agriculture. Neoliberal economists and representatives of the authorities are constantly demanding the elimination of these subsidies, arguing that it does not correspond to market practice. In fact, because of the openness of our domestic market, in contrast to the rich countries, Russian producers are placed at a disadvantage, since the exports from the US and the EU continues to be subsidized. For example, it was found that the Dutch or Danish butter can be in our retail Vologda cheaper only because it is subsidized imported oil, while our duties are not protected. In addition, our agriculture is not profitable due to the majority of manufacturers of those "scissors" price against which the necessary measures have long been accepted in developed countries.

As always, when it comes to the state of guaranteed prices, the problem of establishing the right. Such rates have to be close to the average rates of equilibrium, so as to prevent any over-or trade deficits. But it solves the problem only in terms of individual markets.

Making an exception for food and other agricultural products, market practice and theory does not allow for the same subsidies for the spiritual spheres of production, as mentioned above. People can not live without bread and butter, but it is thought that they could live without the theater, books, magazines and so on. Thus, modern society chooses public priorities, not always valid regardless of the interests of its members. Meanwhile, society should take care to preserve their national culture as much on agriculture, even if it is contrary to market setting.

State regulation applies, albeit to a lesser extent, on the commodity markets, especially where mining production fragmented. For example, for a long time there were intergovernmental agreements on the stabilization of prices of natural rubber, tin and some other goods produced mainly in the former colonies. In order to stabilize prices the States concerned have agreed on the establishment of so-called "buffer stocks", which allows you to adjust the total supply in the market, bringing it closer to demand. Again, the need for such regulation due to the fact that the developed countries, the industry could not do without a sufficient amount of raw materials.

Примечание

Исследование выполнено при финансовой поддержке РГНФ и Администрации Волгоградской области в рамках научно-исследовательского проекта № 16-12-34020 «Формирование и регулирование рынка трудовых ресурсов Волгоградской области в условиях функционирования Евразийского экономического союза»

Bibliography

1.                Gorshkova N.V., Lebedeva N.N. /Interaction of the state and society in the system of tax relations in the Russian Federation//. Gorshkova N.V., Lebedeva N.N. Bulletin of Volgograd State University. Series 3. Economics. Ecology, 2014, № 2 (21), s.245-251

2.       Bokova  N.A., Likhomanov O.V. /Statistical analysis of the views of the public about the effects of the activities of external labor migrants in the Volgograd Region / NA Bokova, Likhomanov OV .// Collection: Right, and the problem of the functioning of a modern state sourcebook 11 th international scientific. -prakt. Conf. Makhachkala, 2014. S. 80 -81.