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2019 | 17 | nr 3 (83) Evolution and Effectiveness of National and European Financial Management - Recommendations for the Future | 33--53
Tytuł artykułu

Correlation between Fiscal Rules and Sustainable Development of the Visegrad Group Countries

Warianty tytułu
Korelacja między regułami fiskalnymi a zrównoważonym rozwojem krajów Grupy Wyszehradzkiej
Języki publikacji
EN
Abstrakty
EN
The research question presented in this analysis focuses on national fiscal rules applicable in the Visegrad Group (also called V4) expressed in the European standardised fiscal rules index and on their impact on the socio-economic policy. The use of fiscal rules as an instrument of fiscal sustainability is manifested by imposing requirements as regards borrowing and the costs of public debt service. A high level of debt can cause social development expenditure to be crowded out, contributing to growing development disparities in social and economic terms. (original abstract)
W artykule przedstawiono wyniki prowadzonych badań w zakresie wpływu stosowanych reguł fiskalnych na stabilny rozwój na przykładzie krajów Grupy Wyszehradzkiej. Zdecydowano się dokonać badania zależności tych dwóch zmiennych, ponieważ ich wykorzystanie jako instrumentu stabilności fiskalnej objawia się nałożeniem różnego rodzaju ograniczeń związanych ze skalą wydatków, deficytu czy długu publicznego. W przeprowadzonej analizie polityka fiskalna oraz stabilny rozwój są rozpatrywane za pomocą wskaźników dotyczących stanu finansów publicznych, wyników ekonomicznych i wskaźników finansowania zrównoważonego rozwoju. (abstrakt oryginalny)
Twórcy
  • Burnemouth University
  • University of Warsaw, Poland
  • Warsaw School of Economics, Poland
  • University of Warsaw, Poland
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171564281

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