Regulatory policy: practice of the Russian Federation and foreign countries

Financial stability is a prerequisite for sustainable economic development with the ultimate goal of economic growth. The article discusses one of the main factors of economic growth, which can provide up to 1.5-2.5% of GDP growth per year, as well as provide an increase in the level of employment, labor productivity, entrepreneurial and innovative activity, a significant influx of foreign investment - regulatory policy. Along with monetary and fiscal policies, regulatory policies are effective in containing systemic risks arising from large and volatile capital movements, and are generally an important tool in economics and politics.