FISCAL INSTITUTIONS OF GREAT BRITAIN: EXPERIENCE OF ACTIVITY AND CONCLUSIONS FOR UKRAINE
Journal Title: Вісник Одеського національного університету. Економіка. - Year 2016, Vol 21, Issue 5
Abstract
The present study aims to describe the fiscal institution that is responsible for budgetary discipline in Great Britain, with special regard to the degree of its existence and the area of activity. The fiscal institutions can help to maintain the government deficit and manage the public debt. The reason for the founding of these institutions is mainly to ensure the sustainability of the public debt, to create fiscal discipline, to maintain the budget deficit and to ensure the transparency of the budgetary process. The research results will be formulated regarding the lessons learned on the role of fiscal policy institutions in crisis management.
Authors and Affiliations
M. E. Lukianiuk
Keywords
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