THE THEORETICAL SUBSTANTIATION OF CERTAIN POLITICAL, INSTITUTIONAL AND SOCIAL BOTTLENECKS THAT INCREASE BUDGET DEFICITS

Svetlana Dodon ()
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Svetlana Dodon: PhD Student, NIER

Economy and Sociology, 2014, issue 2, 145-156

Abstract: This article highlights the political, institutional and social causes of rising of current deficits. But first of all will be presented uniform tax theory and methods of its application. Importance of budgetary balance is as never obvious in special now so it is particularly important to highlight factors that hinder its performance and lead to deficits. Below are listed just some of political, institutional and social aspects that contribute to rising of deficits.

Keywords: tax smoothing theory; budgetary institutions; public choice theory; deficit. (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aat:journl:143

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