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Country s Welfare as an Efficiency Factor in Fiscal Policy Promoting Economig Growth

Ushakov Denis, Natalia Bandurina and Sergey Shkodinsky

Montenegrin Journal of Economics, 2017, vol. 13, issue 2, 121-127

Abstract: The main problem of this study is an assessment of the current role of national tax regime in overcoming an injustice of national profit distribution, as well as in economic development stimulating in poor and wealthy countries. In this article the authors study the correlation between the dynamics of taxation regimes’ components and the macroeconomic indices of the countries’ worldwide so that to classify the countries into groups depending on the level of their welfare.

Date: 2017
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Handle: RePEc:mje:mjejnl:v:13:y:2017:i:2:p:121-127