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Financial Law and Management
Reference:

Vladimirov S.A. On Marcoeconomic Purpose of the Strategic Development of Effective Balanced Macroeconomic Systems

Abstract: The purpose of this article is to provide a theoretical substantiation of the possibility of reaching the maximum possible public efficiencies of government expenditures, investments and taxes in a perfect condition of a balanced open economic system. The model offered by the author of the article can always bring to the maximum possible rate of economic growth in a 'perfect' environment ('zero loss' of public effecies of government expenditures and investments) that allows to substantiate the main directions of the relevant macroeconomic (fiscal, tax and budgetary) policy in developed countries and global economy in general. The main methods used by the author includes observation, collection of facts, modeling, abstraction, analysis, synthesis, induction, deduction and division of economic theory in micro - and macroeconomics. The author's model overcomes the barrier of an imaginary lack of quantitative constants in the economic system. The model naturally explains the ups and downs of the respective real economies, unexplainable from the point of view of a considerable part of ideological theorists and practical economics. Under all circumstances economists are bound to become the guardians of public foresight in economic matters.


Keywords:

efficiency, management, macroeconomics, model, policy, quality, state, expenditure, investment, taxes


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