FISCAL SUSTAINABILITY CRITERIA OF THE PUBLIC FINANCE
Journal Title: Економіка розвитку - Year 2013, Vol 68, Issue 4
Abstract
The problems of fiscal sustainability in Ukraine are studied. Identified and investigated are the criteria of fiscal sustainability, including the government's financial solvency, the ability to sustain economic growth, justice towards future generations and the ability to maintain a constant level of tax burden. The list of criteria was supplemented with two more ones, in particular transparency of the budget process and the effective fiscal risk-management. An author's definition of fiscal sustainability is offered.
Authors and Affiliations
R . Tsytsyk
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