DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
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Issue |
Volume-8,Issue-12 ( Dec, 2022 ) | |||||||||
Paper Title |
Procyclical Fiscal Policy: Impact on Macroeconomic Stability and Fiscal Approach in Uzbekistan | |||||||||
Author Name |
Jamshid Mamasalaev, Ulugbek Khamidjonov | |||||||||
Affilition |
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Pages |
59-64 | |||||||||
Abstract |
Abstract – Purpose: The aims of this paper are to evaluate the causes of procyclical fiscal policy and its impact on macroeconomic condition. It also provides the fiscal policy assessment of Uzbekistan. Methodology: To evaluate the fiscal policy of Uzbekistan the study employs Lane (2003) and Woo (2009) models and Kaminsky et al. (2004) composite unit of measurementbased on annual data for 2009-2020. Findings: The results of the research derived from using both methods show that Uzbekistan pursued a procyclical fiscal policy during the period under view. Keywords - Procyclical Fiscal Policy, Debt, Corruption, Mineral Resources, Fiscal Discipline, Uzbekistan | |||||||||
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