The article dwells on the necessity of state interference into a cyclic development of economy. Concurrently some other issues are touched upon. The interconnection between state expenditures and taxes and their influence over aggregate demand preconditions GDP growth. The author adduces the result of the analysis concerned with taxes in GDP, the latter´s dynamical growth, state revenues and expenditures. Principal conclusions on implementation of fiscal policy instruments in transitive economy have been made in the context of its cyclic development.
gross domestic product, aggregate demand, aggregate supply, fiscal policy, state budget, state expenditures, economy growth
1. Keynes Dj. M. General Theory of Engagement. Percentage and Money: selected works (the author used English translation). –M.: Economics, 1983. –p. 118.
2. Matveyeva T.Yu. Introduction into Macroeconomics: manual/ -the 5-th edition, revised. –M. GUVSHE publishing-house, 2007. -411pp.
3. Mashokirov Sh.U. Market Foundations of Households Development in the Period of Transitive Economy (by Tajikistan Republic example). Dissertation aspiring for Candidate`s degree in Economy: 08.00.01 / Khudjand, 2012, P.83.
4. Khidedzo, Inaba. Transition from Regulated Economy of post-War Period to that of Market one / “Japanese Miracle” and Soviet Economy Reform / under the editorship of Khidedzo Inabo, Seydzi Tsutsumi. –M.: The Great Silk Road, 1991. –pp.21-23.
5. Economy Theory. Macroeconomics. Transitive Economy: manual in 2 parts// B.I. Gerasimov, N.S. Kosov and others. – Tambov Publishing house under Tambov State Technical University. 2009. –P.2. –pp. 204.
6. www.tajinvest.tj. Official site of State Committee on Investment and Management with RT State Properties ( date of addressing: 19.06.2013)/
7. w.w.w.stat.tj. Official site of Statistics Agency under RT President (date of addressing: 10.06.2013).