فعالية السياسة المالية في معالجة آثار الدورات الاقتصادية في السودان خلال الفترة (1960-2017 م)‎

Abstract EN

The study aimed to determine the effectiveness of the fiscal policy in addressing the effects of the economic cycles in Sudan by focusing on current spending, development spending and direct taxes and indirect and their relationship to the growth rate of per capita income.

Identify the appropriate fiscal policy that leads to addressing the consequences of negative economic cycles and the stability of Sudan.

The econometric model was used to know the type and impact of fiscal policy tools in addressing the effects of economic cycles.

The switching method was used through which the effects of economic cycles were identified and treated, which is (Switching Regression), in addition to building a real-time model that shows the interrelationships between macroeconomic indicators.

The findings of the study indicate that there is a negative relationship between indirect taxes and the rate of economic growth, and positive relationship between development spending and the rate of economic growth, and an inverse relationship between current spending and the rate of economic growth.

The study recommends the need to increase direct taxes in order to redistribute income among members of society and increase economic growth.