The Role of State Regulation in Stabilizing Ukraine’s Economy: Practical Aspects

Abstract

The article provides a theoretical justification and understanding of the concept of state regulation of the economy in the current economic environment. It is determined that the State regulation of the economy is aimed at creating favorable conditions for the stability of Ukraine’s economy. The positive and negative aspects of state intervention in economic stability are identified. The regulatory mechanisms by which the State influences economic and social processes in order to ensure stabilization are identified. The author substantiates a number of measures that will help restore economic activity. Practical aspects of state regulation of stabilization of the Ukrainian economy are proposed. It is established that macroeconomic planning and state regulation of economic stability are closely related processes, the interaction between which ensures effective management of the economic system and makes it possible to develop comprehensive, adaptive and targeted strategies that promote economic stability and sustainable development. The purpose of the article is to deepen the theoretical and methodological approaches to substantiating the State regulation of economic stabilization through the prism of practical means. The results of the study prove that future priorities of state regulation should have a clear correlation with Ukraine’s European integration prospects and ensure Ukraine’s stabilization. In conclusion emphasize that the key to stabilizing the Ukrainian economy lies in regulating the tax system, building an effective financial support system, increasing the production potential of enterprises, promoting innovative business and training in science and technology, such as infrastructure development. Adherence to the key areas of economic stability helps to stabilize and stimulate economic development. Recognizing the importance of economic security and taking the necessary measures is an important step towards ensuring stability.