英语论文网

will end. Government departments spend money to establish conservation awareness, a greater emphasis on results-oriented, establish performance concept. Budget performance management can enhance the department's sense of responsibility, sense of efficiency, you can better improve government management, improve the quality of public services. Overall performance management will push the Government to enhance administrative efficiency, improve the government's credibility.

3 more emphasis on structural optimization. Compared with the total amount of monetary policy, fiscal policy, structural adjustment in a more prominent role, serving the future structure of the UK economic restructuring and upgrading, structural adjustment of fiscal policy promising. Revenue growth fell after the government will pay more attention to "skillfully deflected the question" leverage, reduce general administrative expenses, the funds to invest in some key areas, focusing on fostering independent innovation capacity, change the past, focus on the concept of physical capital investment, invest more the field of human capital, such as education, health care, social security, etc., enhance the development potential UK.

4. Hardening budget constraints of local governments. The current financial system does not allow local bonds, but the local governments in the expansion of the administrative assessment under the economies of scale and improve its revenue rational choice, SBC phenomenon still exists. To better constrain the behavior of local governments to reduce unnecessary waste and distorted decision-making and reduce the impact of expanding economic systemic risk, we need to depart from the design of the system, hardening budget constraints of local governments, so that the behavior of local governments to the central goal of unification the expected goals up, to achieve real incentive compatibility. The future, where if you can own bonds, debt can receive double the budget and capital market constraints, coupled with the current public budget has intensified, which will regulate local debt financing behavior, but also conducive to optimizing the structure of local expenditures .

5. Demand management policies to turn. Expansionary fiscal policy is more of a "demand management" policy, but this stimulus is likely to cause some of the following negative consequences, while concerned about the effective supply-side needs. One is stimulated foreign demand, exports and therefore needs to consider the benefits to the UK and financial cost borne. The second is to stimulate demand for short-term policy may overdraft future demand, future demand caused by sluggish growth, will fall into the excessive dependence on the stimulus, the impact of fiscal sustainability. Three is continuing to stimulate demand, is likely to exacerbate the structural imbalances UK. Imbalances in the UK economy is essentially a structural imbalance, lack of demand and supply shortage coexist, although insufficient effective demand through the expansion of public investment or consumption to make up for the lack of private investment or consumption, but will also bring some squeeze the effect, if you can not work on effective supply from both, is likely to lead the economy into inflationary pressure. Fourth, sustainable economic growth in the UK, we must strengthen the endogenous driving force of economic growth, including increa本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。