OBLIGATORY REQUIREMENTS FOR A RATIONAL PUBLIC FINANCE SYSTEM Cover Image

OBLIGATORY REQUIREMENTS FOR A RATIONAL PUBLIC FINANCE SYSTEM
OBLIGATORY REQUIREMENTS FOR A RATIONAL PUBLIC FINANCE SYSTEM

Author(s): Krystyna Piotrowska-Marczak
Subject(s): Economic policy, Public Finances
Published by: Masarykova univerzita
Keywords: Public finance; rational system; public finance system;
Summary/Abstract: The financial system is a key factor enabling states to function. If its configuration is not consistent, social and economic development will not be possible. Public finance has a special place in this configuration that will not be rational unless some obligatory requirements are met.