The "countercyclical" fiscal policy of the Vietnamese economy

Abstract

Theory and practice in Vietnam show that countercyclical fiscal policy, with macro stability as the focal objective, can be a comprehensive and long-term policy solution to address the budget deficit problem. Books, public investment risks, national financial security and safety while promoting growth. This paper presents the arguments and arguments of the need for macroeconomic policy reform towards the institutionalization of countercyclical fiscal policy in the Vietnamese economy.