Economics and Management Engineering | Article | Published 2020

PUBLIC DEBT AND ITS PLACE IN THE MACROECONOMIC POLICY OF THE REPUBLIC OF UZBEKISTAN

Keywords: Public debt, borrowing, debt composition, state regulation, S. Abe's "Three arrows plan", economy of Uzbekistan.

Abstract

In this article, the authors consider modern approaches and methodology for defining the concept of public debt in the national economy. The author's interpretation of the economic category of public debt is given on the basis of the system analysis of literary sources. The activities carried out by the government of the Republic of Uzbekistan in the external borrowing market are studied separately, and projects implemented at the expense of the state debt are considered. The necessity of reasonable use of borrowings in long - term and medium-term projects is proved. Based on the analysis of the Japanese Plan to revive economic growth, or the "Three arrows plan" of S. Abe, the directions for regulating public debt for the conditions of the Republic of Uzbekistan are proposed.

References

  1. https://doi.org/10.36713/epra4452
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