Chile Fiscal Policy Management

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...

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Bibliographic Details
Main Authors: Ryszard Piasecki, Erico Wulf Betancourt
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
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spelling doaj-6ec84a4a47834e0eb727d2bc064e75072021-09-02T13:01:43ZengLodz University PressComparative Economic Research1508-20082082-67372013-08-01162456210.2478/cer-2013-00116877Chile Fiscal Policy ManagementRyszard Piasecki0Erico Wulf Betancourt1University of ŁódźUniversidad La Serena in ChileA 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. Both budget deficits and budget surpluses also exert indirect influences on taxpayers. Normally, it is not essential on the part of the government to maintain a budget surplus, though it needs to be very careful when running a budget deficit to have the proper buffer.https://czasopisma.uni.lodz.pl/CER/article/view/6877
collection DOAJ
language English
format Article
sources DOAJ
author Ryszard Piasecki
Erico Wulf Betancourt
spellingShingle Ryszard Piasecki
Erico Wulf Betancourt
Chile Fiscal Policy Management
Comparative Economic Research
author_facet Ryszard Piasecki
Erico Wulf Betancourt
author_sort Ryszard Piasecki
title Chile Fiscal Policy Management
title_short Chile Fiscal Policy Management
title_full Chile Fiscal Policy Management
title_fullStr Chile Fiscal Policy Management
title_full_unstemmed Chile Fiscal Policy Management
title_sort chile fiscal policy management
publisher Lodz University Press
series Comparative Economic Research
issn 1508-2008
2082-6737
publishDate 2013-08-01
description 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. Both budget deficits and budget surpluses also exert indirect influences on taxpayers. Normally, it is not essential on the part of the government to maintain a budget surplus, though it needs to be very careful when running a budget deficit to have the proper buffer.
url https://czasopisma.uni.lodz.pl/CER/article/view/6877
work_keys_str_mv AT ryszardpiasecki chilefiscalpolicymanagement
AT ericowulfbetancourt chilefiscalpolicymanagement
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