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Achievements and Open Problems of Contemporary Budget Policy

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  • Iliya Balabanov

Abstract

The budget policy is comparatively the strongest form of economic influence of the state over socioeconomic development. An attempt is made to distinguish between the major theoretic achievements and open problems of the influence as a basis first for the vindication of some already rejected ideas by the theoretic community; second to mark the lines for a more productive methodological approach to clarification of open problems, and further to a more effective state influence on the qualitatively new economic and political realities of the Twenty First Century.

Suggested Citation

  • Iliya Balabanov, 2003. "Achievements and Open Problems of Contemporary Budget Policy," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 72-88.
  • Handle: RePEc:bas:econth:y:2003:i:7:p:72-88
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    JEL classification:

    • B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy

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