FISCAL SYSTEM OPTIMIZATION – PREMISE FOR CREATING A FUNCTIONAL MARKET ECONOMY IN THE REPUBLIC OF MOLDOVA

Petru GRICIUC Academia de Studii Economice din Moldova

Аннотация

The analytical framework that the author develops in this article suggests three dimensions by which it is possible to assess the impact of fiscal policy impact on the functionality of the national economy. The dimensions are the fiscal sustainability, the tax structure, and fiscal stabilization. The efforts that Moldova should make to ensure a fiscal sustainability, an efficient tax structure and improved macroeconomic stability are related to the fiscal framework (legislative and institutional), fiscal policy and fiscal management. Keywords: public expenditure, public debt, budget deficit, tax, fiscal instruments, fiscal policy, fiscal stability, fiscal structure, fiscal sustainability.