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Анализ На Формирането И Прилагането На Бюджетни Политики, Осигуряващи Социално-Икономическото Развитие На Административнотериториалните Единици
[Analysis of the formation and use of budgetary policies ensuring the socio-economic development of territorial units]

Author

Listed:
  • Abuselidze, George

Abstract

The main function of the state in nowadays-civilized world is to maintain the macroeconomic proportions throughout the country and avoid financial and economic crisis in regions that have priority in the formation of the new economic system in Georgia. The object of the research is the formation and use of Budget policy of Georgia; One of the most problematic places is socio-economic development of territorial units. As a result of the research it is shown that current economic and political system’s radical transformation process, creation of new economic system and ensuring its efficiency, requires mobilization of huge financial resources, which is impossible without proper functioning of the financial mechanism. This in turn requires implementation of sufficient financial and economic policy. The government should take responsibility of supporting financial-economic independence for territorial units. In the future, the proposed forms of financial mechanisms and features of use for the arrangement and territorial integrity of the government.

Suggested Citation

  • Abuselidze, George, 2019. "Анализ На Формирането И Прилагането На Бюджетни Политики, Осигуряващи Социално-Икономическото Развитие На Административнотериториалните Единици [Analysis of the formation and use of budgetary polic," MPRA Paper 99889, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:99889
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    References listed on IDEAS

    as
    1. George Abuselidze, 2018. "Optimal Fiscal Policy � Factors for the Formation of the Optimal Economic and Social Models," GATR Journals jber153, Global Academy of Training and Research (GATR) Enterprise.
    2. Hansjörg Blöchliger & Olaf Merk & Claire Charbit & Lee Mizell, 2007. "Fiscal Equalisation in OECD Countries," OECD Working Papers on Fiscal Federalism 4, OECD Publishing.
    3. Benjamin Austin & Edward Glaeser & Lawrence Summers, 2018. "Jobs for the Heartland: Place-Based Policies in 21st-Century America," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(1 (Spring), pages 151-255.
    4. Marcel Henkel & Tobias Seidel & Jens Suedekum, 2021. "Fiscal Transfers in the Spatial Economy," American Economic Journal: Economic Policy, American Economic Association, vol. 13(4), pages 433-468, November.
    5. Enrico Moretti, 2014. "Local Economic Development, Agglomeration Economies, and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(1), pages 275-331.
    6. Edward L. Glaeser & Joshua D. Gottlieb, 2008. "The Economics of Place-Making Policies," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(1 (Spring), pages 155-253.
    7. Koldko, Grzegorz W., 1999. "Ten years of post-socialist transition lessons for policy reform," Policy Research Working Paper Series 2095, The World Bank.
    8. Roy Bahl, 1999. "Implementation Rules For Fiscal Decentralization," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper9901, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    9. Irina Ishina, 2012. "Trends in Budget Capacity Building and Development," European Journal of Business and Economics, Central Bohemia University, vol. 4(0), pages 26-281:4, September.
    10. Abuselidze, George, 2013. "Areas of Improvement of Finance Policy in the Process of Advancing of Upgrading the Territorial Economic Activity and Financial Capacity," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 6(5), pages 194-200.
    11. Khaleghian, Peyvand, 2003. "Decentralization and public services : the case of immunization," Policy Research Working Paper Series 2989, The World Bank.
    12. Abuselidze, George, 2018. "Fiscal Policy Directions Of Small Enterprises and Anti-Crisis Measures on Modern Stage: During the Transformation of Georgia to the EU," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 12(1), pages 1-11.
    13. M. Kolodko, 1999. "Ten Years of Post-socialist Transition. Lessons for Policy Reforms," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 9.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Fiscal policy; State and local budget; Intergovernmental relations; Forms of financial mechanisms; Georgia;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • H76 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other Expenditure Categories
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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