The main objective of this paper is to understand and to evaluate recently expressed popular anxiety about fiscal deficits. The paper begins with a discussion of problems involved in measuring the fiscal deficit. A general conclusion is that all interesting measures of the federal fiscal deficit have increased substantially over the past eight presidential terms and are likely to increase further in the near future.The paper goes on to analyze possible connections between fiscal deficits and inflation, economic growth, and fluctuations in the level and composition of economic activity. Fiscal deficit is the difference between current and capital expenditure and current receipts the debt trap. The fiscal policy is intended to play a key role in the prospective economic growth. It is not merely because of the fact that fiscal situation is a major component that determines the macroeconomic stability. Important conclusions are that of the monetary policy, inflation, and aggregate economic activity are all largely independent of the fiscal deficit, but that of the fiscal deficit can have major effects on the division of output between consumption and investment. Key elements in the analysis are the effects of taxation on consumption and investment demands and the relations between real and financial developments.
The paper is focused on the category of public finances , taxation , the description of the meaning , definition of their development and their role in business , goals , reasons for their collection , the basis on which it is made taxes Understanding, Definition and the Development of TaxTaxes are the main source of public revenue collection with which the state meets that public expenditures that are its competencies. The importance of taxation has always increased in their historical development. Taxes at the beginning of their appearance were as exceptional secondary entries for state, which are collected from a narrow group of people, which were collected from a narrow group of people, by which were meet the needs of state. While today are permanent entries, significant entries which are collected from natural persons (citizens) and legal entities, and which serve to finance large, numerous and diverse state costs. In the ancient state tax is explained as the giving of the submissive people to victorious people, and so the tax is identified with the submission. The tax is justified as the right of victorious people again submissive people. In early feudalism tax, initially was considered as gift later as aid, but it was with class character because has exacerbated more poor classes. In the capitalist system taxes experience a rapid development and are understood as regular income for the state. Different authors have given different definitions to the meaning of the tax, because taxes have changed depending on the existing conditions. Characteristics of TaxThe main features of the tax are: Taxes are derivative entriesUpon payment of the tax, the state realizes revenues, and for that amount of revenue, state decrease the wealth of individuals and legal entities. State by taxing business entities, he simultaneously reduces their economic power, in order to create economic force for himself and to secure its many financing costs.
This paper aims to show how employment growth based on gender equality in the Republic of Kosovo according to different sectors and socio-economic activities bring economic growth and social well-being. The methodology used in our paper is the descriptive method, based on secondary data, which we have provided from the Kosovo Agency of Statistics "KAS" based on social statistics, related to labor force surveys by trimester data of 2020. From where, we have derived relevant statistical comparative analyzes expressed in percentages regarding the number of employees by gender, sectors and various socio-economic activities as well as by the relevant quarters for 2020, including only the age group (15 years and older). Our study aims to highlight the importance of some problems related to the aspect of employment by gender for each sector or different socio-economic activities, according to the relevant quarters of 2020. We aim to show through this paper the connection between employment growth according to sectors and various socio-economic activities, based on gender equality and economic growth and social well-being for a country with a developing economy such as Kosovo. This study is also focused on recommending some important government policies to increase employment according to different sectors and socio-economic activities, based on gender equality. Received: 14 July 2022 / Accepted: 18 August 2022 / Published: 2 September 2022
The research relevance is predefined by the fact that the European financial market has suffered a direct negative impact due to the russian aggression and violation of the territorial integrity of Ukraine. All these processes are accompanied by several previously formed and unfavourable trends for socio-economic and financial development, which have become even more severe due to the hostilities. In particular, COVID-19, environmental degradation, rising inflation, deglobalization, insufficient social development of individual countries, as well as fuel and food shortages. The research aims to conclude a comparative analysis of financial policy in European countries and individual countries of the Balkan Peninsula, as well as substantiation of the financial risk management features and the formation of a forecast model of economic stabilization. To achieve the set objectives, scientific methods were used, including analysis method, analogy method, and modelling method. The article analyses expert reports and the results of scientific research on the current state of the financial market and monetary policy in Europe as a result of the russian-Ukrainian war, in particular in the Balkans and Kosovo. The analogy of the directions of financial policy in the period before the russian invasion of the territory of Ukraine with the period of direct aggression of the russian federation is conducted. The fundamental reasons for changes in pricing policy, in particular pricing mechanisms, are characterized. The determining factors of financial risks, tools for assessing the consequences, as well as generalization of management methods for their reduction and elimination in the future are substantiated. The directions of European financial support aimed at the defence sector and socio-economic needs are considered. The practical value of the work is that the conceptual model of strategic development of the European financial market in the context of stabilization processes of international financial policy, as well as food and energy security was formed
The current crisis has swept the world with special emphasis, most developed countries, those countries which have most gross -product world and you have a high level of living. Even those who are not experts can describe the consequences of the crisis to see the reality that is seen, but how far will it go this crisis is impossible to predict. Even the biggest experts have conjecture and large divergence, but agree on one thing:-The devastating effects of this crisis will be more severe than ever before and can not be predicted. Long time, the world was dominated economic theory of free market laws. With the belief that the market is the regulator of all economic problems. The market, as river water will flow to find the best and will find the necessary solution best. Therefore much less state market barriers, less state intervention and market itself is an economic self regulation.
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