首页> 外文期刊>Problems of Economic Transition >The Distorting Effect of Stabilization Funds on Fiscal Policy and Debt Management
【24h】

The Distorting Effect of Stabilization Funds on Fiscal Policy and Debt Management

机译:稳定资金对财政政策和债务管理的扭曲作用

获取原文
获取原文并翻译 | 示例
           

摘要

The author argues that the systematic underestimation of federal revenues artificially increases the budget deficit, leading to excessive borrowing and a growing national debt-even as the state takes in more than it spends. Taking on more debt at a time when contributions are being made to the Reserve Fund and National Wealth Fund entails the negative effects of both deficit and surplus spending: the artificial dampening of economic growth and increased debt-servicing costs.
机译:作者认为,对联邦收入的系统性低估会人为地增加预算赤字,导致借款过多和国债增加,即使该州的收支超过其支出。在向储备基金和国家财富基金捐款时承担更多的债务,这将带来赤字和盈余支出的负面影响:人为地抑制经济增长和增加偿债成本。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号