English / ქართული / русский /
MARINA TABATADZE
STATE ANTI-CRISIS STRATEGY OF FINANCIAL STABILIZATION

Summary 

Liberalization of the economy complicated the balanced development of world markets and caused a significant slowdown in growth rates, which led to changes in governments’ rational functioning strategies. The growth of the role of financial mechanisms and the dominance of the financial sector in the economic environment became important variables of development. The article discusses the author's strategies for effective management of integration processes. It analyses the impact of the government's anti-crisis policy on a stability socio-economic system, the governmental scenarios of crisis management, its forecast results and financial stabilization plans.

The anti-crisis program of a state should reflect the crisis prevention strategy, which should differentiate the economic functions of the state and crisis management mechanisms according to the specific trends of current processes. It should aim at gaining stable development of the economy. The anti-crisis plan should reflect the role of society in the development process and its mental changes under crisis conditions.

The state should be responsible for establishing and monitoring anti-crisis management mechanisms, financial recovery of the country and formation of correct relations. It is especially important to ensure economic security, to stabilize the development process and standard of living, to support the private sector and small entrepreneurship, to increase economic freedom, to ensure effective distribution of labor and capital, and others. All strategies of the anti-crisis platform should be focused on social results, as it should contribute to a fair distribution of income and to poverty reduction.

Keywords: Governing power of the state; Liberalization of the economy; Economic security; Balanced development of world markets; Forecasting economic fluctuations; Financial mechanisms of crisis prevention; Financial stabilization strategies.