ECONOMIC GROWTH: FISCAL POLICY AND RESULTS OF QUANTITATIVE ANALYSIS
Keywords:
special economic forms, income and expenses, Revenues, The financial policyAbstract
The functioning of the state budget occurs through special economic forms - income and expenses, expressing successive stages of redistribution of the value of the social product concentrated in the hands of the state. Revenues serve as the financial base of the state, and expenses serve to meet social needs. Budget revenues express the economic relations that arise between the state and organizations, enterprises and citizens in the process of forming the country's budget fund.
Fiscal policy is a key element of government financial regulation. The financial policy of the state is sometimes called fiscal policy. In general, we can agree with this definition, although financial policy is not related exclusively to the budget and taxes. If we decompose financial policy into its components, then budget policy is the policy associated with government spending; tax policy - government revenues.

Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.