STRATEGIC DECISIONS IN BUDGET POLICY: ЕCONOMIC EFFICIENCY AND ECONOMIC FEASIBILITY
https://doi.org/10.17747/2618-947X-2022-4-346-350
Abstract
The well-being of people directly depends on both the economy of the state and the personal economy, the correctness of budget management. Therefore, it is quite understandable that all groups and categories of society are interested in economic processes. Interest, which, in today’s changeable world, must be considered a request, does not decrease and requires clarification of categories that evaluate the economy and bring it to the right strategic decisions in budget policy. The economic categories of performance evaluation include economic efficiency and economic feasibility, the essence and difference of which, using specific examples, is evidently presented in this article.
About the Author
O. V. Umgaeva
Kalmyk State University Named after B. B. Gorodovikov (Elista, Russia)
Russian Federation
Russian Federation
Candidate of economic sciences, associate professor of the Department of Economics at the Enterprise, Kalmyk State University Named after B.B. Gorodovikov (Moscow, Russia). SPIN-code: 6978-6926.
Research interests: regional, sectoral economics, territorial planning, theoretical foundations of economics, budget policy.
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Review
For citations:
Umgaeva O.V. STRATEGIC DECISIONS IN BUDGET POLICY: ЕCONOMIC EFFICIENCY AND ECONOMIC FEASIBILITY. Strategic decisions and risk management. 2022;13(4):346-350. https://doi.org/10.17747/2618-947X-2022-4-346-350
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