Leading trends in state budget regulation: a case of the United States

DOI

10.2991/icseal-18.2018.18How to use a DOI?

Keywords

State budget, regulations, leading authorities, United States

Abstract

Maintaining a healthy state budget is a tricky and cumbersome task that any functioning government should undertake. It appears that it takes a true leader when it comes to regulating a balanced budget that is free of losses and unexpected spending. This paper describes the mechanisms and leading trends of the state budget regulation using an example of the state budget of the United States of America. This example was chosen thanks to the transparency of the available data and the peculiar mechanism the U.S. state budget it prepared and managed. Our findings and remarks might be useful for any politicians, economists and stakeholders interested in fiscal policy. These people who very often aspire to become leaders of their nations should be aware of pitfalls that the murky waters of doing state budgets usually bring. Therefore, it is important to take a look at how budgeting and financial regulations are done in the leading nations in order to try to use these blueprints in other countries.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Tatiana Veynbender
AU  - Valentina Kashintseva
PY  - 2018/10
DA  - 2018/10
TI  - Leading trends in state budget regulation: a case of the United States
BT  - Proceedings of the 2nd International Conference on Social, Economic and Academic Leadership (ICSEAL 2018)
PB  - Atlantis Press
SP  - 122
EP  - 126
SN  - 2352-5398
UR  - https://doi.org/10.2991/icseal-18.2018.18
DO  - 10.2991/icseal-18.2018.18
ID  - Veynbender2018/10
ER  -