Nature and Mechanisms of State Fiscal Policy

Authors

Keywords
financial policy, financial relations, financial mechanism, financial incentives and sanctions, financial support, financial instruments.

This article investigates the points of view of outstanding scientists-economists on the role and place of fiscal policy in the state. It is devoted to the different approaches and to the interpretation of finance and financial science in Western and former Soviet states. The structure of the mechanism of fiscal policy is proposed. Also the use of macroeconomic regulation financial instruments is argued for.

JEL: Í30, Í39
Pages: 9
Price: 2 Points

More titles

  • Self-awareness and Behaviour within Social Structures

    The article closely reviews the structural components of self-awareness – self-observation, self-analysis, and self-control. A connection has been made between an individuals’ self-awareness, their past and future and their potential at present. The importance of the value system to an individual’s morals and conscience has been analysed, as well ...

  • Possibilities for Improving the Mechanism of Pensions’ Indexation for Employment in Bulgaria

    Upgrading (updating) pension payments is the process of adjusting their amount in accordance with the current parameters of the socioeconomic development of society in proportion to accumulated social security rights and using the correct set of principles, indicators, benchmarks, standards and mechanisms. Too often, however, achieving and ...

  • Divergence and Convergence in Global Development

    From a conceptual point of view, this research is dedicated to one of the most disputed problems in the methodology of contemporary intersystem transformations – systematic balance ambiguity, or the “divergence – convergence of global development.” From a compositional point of view, research on this topic has consisted of two main directions: (1) ...