return
payment ,
use of funds at the national level in
specific areas.
Functions of state credit
distribution function;
regulating function;
control function.
The value of the state credit for the borrowing country:
1.
An increase in government liabilities leads to an increase in
government debt, therefore, the need to pay the debt can lead to an
increase in taxes.
2.
State
credit
contributes
to
the
acceleration
of
economic
development, ensures the continuity of the development process.
3.
State credit leads to the development of internationalization,
mutual assistance between states.
4.
State credit can lead to imbalances in the development of the
economy, when some sectors of the economy develop at the
expense of the development of other sectors.
5.
State credit can lead to the dependence of some countries on
others.
6.
Government credit can be a means of political pressure.
2. State debt
Essence of the state debt
Public debt (or state debt) is understood as the entire
amount of issued but not repaid government loans
with accrued interest, which must be paid by a certain
date or for a certain period. In general terms, public
Do'stlaringiz bilan baham: |