Assessment Of The Effectıveness Of The Results Of The Fıscal Polıcy Of The Republıc Of Uzbekıstan

Abstract

The article explores approaches to assessing the effectiveness of the fiscal policy. The results of empirical studies on the impact of fiscal incentives on macroeconomic parameters are summarized. It has been shown that significant variation and even contradictions in econometric estimates indicate certain limitations of methods of statistical analysis of retrospective data. A targeted approach to assessing the effectiveness of fiscal policy in the unity of its results, goals, and instruments has been justified, the composition and hierarchy of fiscal policy goals have been clarified from forming a new model of social development.