THE INFLUENCE OF MAKROECONOMIC POLICIES IN ALBANIAN TRANSITION
Journal Title: Экономика и финансы - Year 2015, Vol 1, Issue 11
Abstract
Fiscal policy is the use of expenditures and government taxes affecting economic activity. Determination of fiscal policy in a given year, in fact, considers the past (current socio-economic situation) and implications for the future (fiscal sustainability).Fiscal policy can be expansionary or restrictive. An expansionary fiscal policy means reduction of direct and indirect taxes and increased government expenditures.
Authors and Affiliations
Xhenet Syka, Ilir Kaduku
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