Theoretical Aspects of Liquidity Management in the Budget System
Aleksandr Sidel'nikovRossiyskiy ekonomicheskiy universitet imeni G.V. Plehanova
ABI
Abstract
This study observes microeconomic and macroeconomic interpretations of “liquidity”; gives definitions of the “budget liquidity” and “budget account liquidity” concepts, determines their key differences and interconnectedness; analyses the main features and goals of budget liquidity management and presents a definition of such a phenomenon.
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