Fiscal Policy: Theoretical Axioms And Applied Antitheses

Анотація

The subject of the study is the main theoretical and practical issues of the fiscal policy implementation.<br> The purpose of the article is to study theoretical postulates that reveal the essence and peculiarities<br> of fiscal policy, as well as assess the problems of implementing fiscal policy in Ukraine. The research<br> hypothesizes that the government’s moves towards the most favourable financial environment will allow<br> the Ukrainian economy to make better use of the potential of market institutions (insurance, credit,<br> banks, etc.) in the budgeting process and direct the fiscal policy towards easing the tax burden. The<br> purpose and hypothesis of the study determine its tasks.<br> Methods of the research. In accordance with the logic of the scientific search, the article used<br> theoretical analysis, including consideration of individual traits and identification of new characteristics<br> of problems, comparison, mathematical and statistical methods.<br> The results of the work. It is shown that the transformation of the role and functions of the state in<br> society influence the formation and evolution of fiscal policy. The accent is made on the ambiguity of<br> the interpretation of fiscal policy by the scientific community. It is proposed to consider the concept of<br> «fiscal policy» in a broad and narrow sense; in terms of objective and subjective signs; economic<br> content and forms of manifestation, etc. Fiscal policy is a powerful tool for economic development of<br> the country. The priority directions of fiscal policy are named. A weighted approach to shaping and<br> implementing fiscal policy requires taking into account the influence of exogenous and endogenous<br> factors that determine decision-making. In addition, when developing the main directions of fiscal policy,<br> the state should proceed from the need to maintain financial stability and prevent the fall of the standard<br> of living of citizens. Explored is the discrepancy between the strategic goal of fiscal policy and ways to<br> achieve it, as well as a number of other contradictions inherent in modern fiscal policy in Ukraine.<br> Sphere of application. The bodies of the financial system, including the fiscal service, financial<br> departments, tax inspections.<br> Conclusions. Ukraine needs to continue political and economic reforms, resolutely fight corruption,<br> actively implement privatization, deepen tax reform, including improving tax legislation.

Класифікація

Ідентифікатори

Схожі роботи