THE ROLE OF STATE FINANCE IN THE REGULATION OF SOCIAL PROCESSES IN THE RUSSIAN FEDERATION

DOI: 10.36871/ek.up.p.r.2020.07.01.007
UDC 336.1

Authors

B. Kh. ALIYEV,
Doctor of Economic Sciences, Professor, Dagestan State University, Makhachkala, Russia

Abstract

The article reveals the role of public finance in the regulation of social processes, analyzes in detail the mechanism of financial regulation of social processes at the present stage of economic development of Russia. Some problems that impede the development of the social infrastructure of Russia are identified, and ways to solve them are proposed. It is concluded that the main problem in slowing down the development of social processes in Russia is not the lack of funding, but the inefficiency of their distribution.

Keywords

social policy, welfare state, financial regulation, budgeting, social necessity, financial mechanism, social processes, government programs.