Virchenko A. Fiscal policy transmission mechanism under macroeconomic instability.

The dissertation deals with fiscal policy transmission mechanism under macroeconomic instability and proposes on these grounds practical recommendations on how fiscal policy transmission mechanism of Ukrainian economy might be improved. Causes and essence of macroeconomic instability as key features of modern economic systems are revealed in the dissertation. Theoretical approaches to analysis of fiscal policy significance to ensure macroeconomic stabilization are summed up. Crucial factors and directions of rethinking of fiscal regulations connected with global economic crisis 2008-2009 are revealed. Essence and structure of fiscal policy transmission mechanism are exposed. Comparative analysis of fiscal impulses transmission under developed and transition economies is carried out. Current situation analysis of fiscal regulation of Ukrainian economy is performed and its major distinctivenesses are uncovered. Fiscal policy transmission mechanism in national economy are researched and its channels are discovered. A set of practical recommendations on improving fiscal policy transmission mechanism under national economy is produced.