ფისკალური სტიმულების გავლენა ეკონომიკურ ზრდაზე

Raising of social-economic welfare of society is the main task of any government's
economic policy, which is not only defined by the amount of produced goods and services.
In addition a number of objectives need to be solved and all this requires to implement the
effective economic policy by the government.
Proper planning of economic policy of the government is especially important for the
countries with a transition economy when the important institutions are at the stage of
formation for the functioning of market economy. Considering this, fiscal stimulus
elaborated by the government needs in-depth analysis because they impact on the current
and future situation of all sectors of economy and are reflected on economic growth of the
country.
Fiscal Stimulus, as one of the important economic leverage of government, on the one
hand, determine the macroeconomic sustainability of the country, on the other hand, it is
the main instrument to respond to economic crises. Consequently, its role is important to
reach macroeconomic equilibrium in a short and long run period.
In developed as well asin developing countries, including Georgia, the activation of
fiscal stimulus led to the changes of government size in the economy, which gives the
additional impulse of assessing the role and significance of the change of government size in
the process of promoting economic growth.
After the collapse of the Soviet Union, all Soviet countries including Georgia started
modernization of economy. This naturally generated the need for a consistent reduction of
almost 100% of government size in economy.
The issue of reducing the involvement of the government in the economy was a
precondition for proper economic policies, thus became an important issue what should be
the indicator of optimal size of the government.