Public finance and sustainable human capital development: conceptual dominants and dialectical unity

Abstract

After the financial and economic crisis of 2008-2009, which led to the deterioration of the budget situation, the growth of budget deficits and public debt in many countries, ensuring the quality and long-term sustainability of public finances are among the priorities of financial policy. Under the influence of unprecedented changes in the functioning of the global economy, the processes of radical transformation of financial and organizational-economic relationships, well-established approaches and understanding of the role of public finance in modern society are taking place, and the role of the national state is being updated. ISBN 978-1-952243-57-8DOI 10.25726/f9456-3802-1499-m