Zadoia O. State regulation of the saving transformation into investments

The findings of the research into the theoretical, scientific and methodical provisions, as well as practical recommendations concerning the state regulation of the processes of savings formation and their transformation into investment are developed in the thesis. The essence of «savings» in the context of the decision made by the economic entity about the refusal of the current consumption of part of the available income is disclosed. It enables the state regulation of consumption and savings processes with the view of achieving the macroeconomic equilibrium. The theoretical and methodological principles of the income cycle study have been developed. The stage of transformation of savings into investment has been included in this cycle. The methodical tools for assessing the role of financial intermediaries in achieving the macroeconomic equilibrium of savings and investment by assessing the investment prospects for each of the elements of savings are improved. The methodical platform for finding «gaps» in the chains of transformation of savings into investment and the instruments of state regulation aimed at their elimination have been suggested, among which the manipulation of the «multiplier transformation» indicator has been used. The scientific and theoretical approach to the substantiation of the purpose, constraints and conditions of state regulation of transformation of savings into investment has been further developed. The methodical mechanism for forecasting macroeconomic indicators has been improved, including the system of equations by which the possibilities and restrictions of the use of fiscal and monetary methods of the state influence on transformation of savings into investment are defined. The scientific and methodological bases for determining the directions of the state influence on the formation of the institutional environment are developed.