The Strategic Role of the State in Stimulating and Supporting Economic Growth: Tools, Policies and Influence on the Modern Economic Paradigm

Abstract

"The article examines issues related to the state’s role in economic growth stimulation in the context of the dynamics of global economic and technological development. Even though measures for state regulation of the economy are intended to create favourable conditions for accelerating economic growth, this process is closely related to numerous factors that can have both positive and negative effects on the results of stimulating and supporting economic growth. Also, the article touches on international models in the field of government regulation of the national economy, examines their main features, as well attempts to outline the peculiarities and uniqueness of economic development and the government’s role in the economy in the era of information society."