THE PROBLEMS OF CHANGES OF FINANCIAL AND ECONOMIC POLICY OF MODERN RUSSIA PARADIGM
The current paradigm of long-term financial and economic policy needs radical revision, as its main tools are ineffective. It is proved that the formation of effective commodity and resource markets increases the long-term effectiveness of budget support investment, provides the key to a radical reduction in the rate of inflation and the transition to stimulate modernization on the basis of low interest rates. Identified characteristics of the organization of commodity and resource markets, target long-term impact on that provides a gradual increase in the effectiveness of state policy in the field of economic modernization and innovation.