FISCAL POLICY: TOOLS AND CHALLENGES FOR ECONOMIC STABILIZATION

Authors

  • Ikromov Elyor Ibodullayevich Asia international university

Keywords:

fiscal policy, government spending, taxation, economic stabilization, budget deficit, public debt, Keynesian economics, fiscal multiplier, debt-to-GDP ratio, sustainable growth

Abstract

Fiscal policy, encompassing government spending and taxation, is a critical tool for influencing macroeconomic conditions such as aggregate demand, employment, and inflation. This article explores the mechanisms of fiscal policy, its application during economic crises, and the challenges of ensuring long-term fiscal sustainability. Drawing on recent global experiences, including the COVID-19 pandemic response, we analyze the effectiveness of fiscal interventions and the risks associated with rising public debt.

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References

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Published

2025-05-26

How to Cite

Ikromov Elyor Ibodullayevich. (2025). FISCAL POLICY: TOOLS AND CHALLENGES FOR ECONOMIC STABILIZATION. Journal of Applied Science and Social Science, 15(05), 287–290. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/1099