Chernova O.A. Regional financial policy in the improvement of the processes of the modernization of the regional economy

Chernova O.A.

Doctor of Economic Sciences, Professor, Head of Chair of Finance and Accounting, Novoshakhtinsk Branch of Southern Federal University (chernovaolga71@mail.ru)

Abstract.

The article proves the necessity of the distinguishing the two vectors of the state financial policy: federal finance policy in respect to the regions and the regional financial policy characterized by proper goals and targets of management supposing the presence of their own apparatus of the justification of the managerial solutions.

Key words: regional financial policy, financial potential, financial resources of the region, financial relations.

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