IMPROVING THE THEORETICAL FRAMEWORK OF STATE FISCAL (BUDGET AND TAX) POLICY

Asatullayev Khurshid Sunatullayevich

Authors

Asatullayev Khurshid Sunatullayevich Head of the Department of Economic Theory, Candidate of Economic Sciences (PhD in Economics), Professor, Tashkent State University of Economics

Keywords:

Government fiscal policy, budget-tax policy, mercantilism, classical economic school, marginalism, Keynesianism, monetarism, supply theory, modern economic school, state budget expenditures and revenues, budget deficit, taxes, tax rate, tax burden.

Abstract

Changes in the world economy, the transformation of the economies of countries, the situation in the world capital market, and unexpected global crises require research to study the theoretical foundations of state fiscal (budgetary-tax) policy, which is one of the state economic policies regulated by the state. In particular, it is urgent to scientifically observe the levers and tools of budgetary and tax policy, which are mentioned in a number of scientific publications as the driving force of the economy in the present era, and to draw conclusions on its practical application. The article also presents the evolution of school doctrines and modern views in the history of economic science on state fiscal (budgetary-tax) policy.