Chile Fiscal Policy Management
A budget surplus arises in a country when the total revenue earnings surpass expenditures in a particular financial year. Having a budget surplus is very important in the sense that it brings about a decrease in the net public debt, while the public debt is increased in the event of a budget deficit...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Lodz University Press
2013-08-01
|
| Series: | Comparative Economic Research |
| Online Access: | https://czasopisma.uni.lodz.pl/CER/article/view/6877 |