Forecasting GDP Values as Part of the Budgetary Procedure - De Lege Lata and De Lege Ferenda Conclusions
DOI : 10.36250/00749.46
Date : 2019
Pages : 487-496
Document type : tanulmány
Subject : public debt, fiscal rules, fiscal illusions, Társadalomtudományok, Társadalomtudományok/Állam- és jogtudományok
Colligatum head record : http://hdl.handle.net/20.500.12944/14704
Abstract :
The objective of the article is to verify the research hypothesis that the Polish rules of fiscal policy are susceptible to manipulation with the forecast GDP size adopted in the assumptions of the Budgetary Act. Such activities undertaken by the Council of Ministers lead to the creation of fiscal illusions and pose a threat to the financial order of the state. Therefore, they require the legislator to change the shape of the fiscal policy rules or to deprive the government of its competence to prepare macroeconomic forecasts for the budgetary procedure.
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