Nature and Mechanisms of State Fiscal Policy

Authors

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

Summary
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: 30, 39
Pages: 9
Price: 2 Points

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