Paper Title :Procyclical Fiscal Policy: Impact on Macroeconomic Stability and Fiscal Approach in Uzbekistan
Author :Jamshid Mamasalaev, Ulugbek Khamidjonov
Article Citation :Jamshid Mamasalaev ,Ulugbek Khamidjonov ,
(2022 ) " Procyclical Fiscal Policy: Impact on Macroeconomic Stability and Fiscal Approach in Uzbekistan " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 59-64,
Volume-8,Issue-12
Abstract : Abstract –
Purpose: The aims of this paper are to evaluate the causes of procyclical fiscal policy and its impact on macroeconomic condition. It also provides the fiscal policy assessment of Uzbekistan.
Methodology: To evaluate the fiscal policy of Uzbekistan the study employs Lane (2003) and Woo (2009) models and Kaminsky et al. (2004) composite unit of measurementbased on annual data for 2009-2020.
Findings: The results of the research derived from using both methods show that Uzbekistan pursued a procyclical fiscal policy during the period under view.
Keywords - Procyclical Fiscal Policy, Debt, Corruption, Mineral Resources, Fiscal Discipline, Uzbekistan
Type : Research paper
Published : Volume-8,Issue-12
DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-19354
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Copyright: © Institute of Research and Journals
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Published on 2023-03-17 |
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