ANALYSIS OF MODERN ECONOMIC THEORIES AND EXPERIENCE OF GOVERNMENT REGULATION IN THE WORLD

Abstract

The article proves that economic theory has always played an important role in the formation of state regulation strategies in the leading countries of the world during the last centuries. Constant scientific research in this direction was determined by many factors, in particular: changes in the external and internal environment, technological development and globalization, informatization of all spheres of economic activity and social life, development of economic and mathematical tools for modeling the behavior of complex economic systems, and others. Despite this, until today, humanity has not learned how to prevent global crisis phenomena, which determines the relevance of this study and its practical significance. The generalization of such scientific experience makes it possible to determine not only the socio-economic problems of modern market economies and methods of solving them, but also to propose effective regulatory measures for public administration in Ukraine. Leading scientists in their works devote a lot of attention to the practical aspects of state regulation in Ukraine, from the standpoint of one theory or another. It was found that, in contrast to the new Keynesianism, neoliberalism, as before, denied the need for strict state regulation in the sphere that is directly related to economic activity. Instead, the state should create conditions for the free competitive development of the market economy. Based on the results of the analysis, it was concluded that modern institutionalism at the beginning of the 21st century. continues intensive development in the evolutionary and sociological direction. His scientific developments, in most cases, are theoretical in nature and have a limited scope of application in solving practical tasks of public administration. The scientific novelty of this work is the research and analysis of the theoretical foundations of modern economic theories based on the generalization of world experience, which, unlike the existing ones, results from the need for a mixed approach to justify measures of the regulatory policy of the national economy.