Economics, Econometrics and Finance
3 years ago

Fiscal policy key to boosting economic growth and stability worldwide

University Economic Bulletin
Fiscal policy as a component of economic development
Valentyna Makohon

Paper Summary

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Fiscal policy plays a crucial role in shaping economic growth by managing money flow. To do this effectively, it must align with a country's development goals. By analyzing tax revenues, researchers aim to understand how fiscal policy impacts economic progress. They use various methods like statistical analysis to uncover the role of fiscal policy in shaping our economy.