fiscal discretionary power

简明释义

财政决定权

英英释义

例句

1.The council's fiscal discretionary power 财政裁量权 allowed them to decide on funding for community programs.

市议会的财政裁量权 财政裁量权使他们能够决定社区项目的资金。

2.During the economic downturn, many countries increased their fiscal discretionary power 财政裁量权 to stimulate growth.

在经济低迷时期，许多国家增加了其财政裁量权 财政裁量权以刺激增长。

3.By leveraging fiscal discretionary power 财政裁量权, the state was able to respond quickly to natural disasters.

通过利用财政裁量权 财政裁量权，该州能够迅速应对自然灾害。

4.The mayor used her fiscal discretionary power 财政裁量权 to fund new public transportation projects.

市长利用她的财政裁量权 财政裁量权为新的公共交通项目提供资金。

5.The government exercised its fiscal discretionary power 财政裁量权 to allocate additional funds for education.

政府行使了其财政裁量权 财政裁量权，为教育分配了额外资金。

作文

In the realm of economics and governance, the term fiscal discretionary power refers to the authority of a government to make decisions regarding public spending and taxation without being bound by strict legal or regulatory constraints. This power is crucial for governments to respond effectively to changing economic conditions, social needs, and unforeseen events. Understanding fiscal discretionary power is essential for grasping how governments can influence their economies and implement policies that promote growth and stability.Governments often face various challenges that require immediate action. For instance, during an economic downturn, a government may need to increase public spending to stimulate demand and boost employment. In such cases, having fiscal discretionary power allows policymakers to allocate resources where they are most needed, whether it be through infrastructure projects, social welfare programs, or tax relief measures. This flexibility enables governments to tailor their responses to the specific needs of their populations, making it a vital tool in crisis management.Moreover, fiscal discretionary power also plays a significant role in long-term economic planning. Governments can invest in education, healthcare, and technology to foster sustainable growth. By exercising this power judiciously, they can create an environment conducive to innovation and competitiveness. For example, a government might decide to increase funding for renewable energy projects to combat climate change while simultaneously creating jobs in emerging industries. This strategic use of fiscal discretionary power not only addresses immediate concerns but also lays the groundwork for future prosperity.However, the exercise of fiscal discretionary power is not without its challenges. Critics argue that too much discretion can lead to mismanagement of public funds and inefficiencies. When governments have the freedom to allocate resources as they see fit, there is a risk of political favoritism, where funds are directed towards projects that benefit certain groups rather than the public at large. This can lead to corruption and a lack of accountability, undermining the very objectives that fiscal discretionary power aims to achieve.To mitigate these risks, it is essential for governments to establish clear guidelines and oversight mechanisms when exercising their fiscal discretionary power. Transparency and accountability should be prioritized to ensure that public funds are used effectively and for the benefit of all citizens. Additionally, engaging with stakeholders, including the private sector and civil society, can help create a more inclusive and balanced approach to fiscal decision-making.In conclusion, fiscal discretionary power is a critical aspect of government policy-making that allows for flexibility in addressing economic challenges and promoting long-term growth. While it offers significant advantages, it also requires careful management to prevent misuse and ensure that public resources are allocated efficiently. As economies continue to evolve and face new challenges, the importance of understanding and effectively utilizing fiscal discretionary power will only grow, making it a key topic for policymakers, economists, and citizens alike.

在经济和治理领域，术语财政裁量权指的是政府在不受严格法律或监管约束的情况下，对于公共支出和税收做出决策的权力。这一权力对于政府有效应对不断变化的经济条件、社会需求和不可预见事件至关重要。理解财政裁量权对于掌握政府如何影响经济并实施促进增长和稳定的政策至关重要。政府通常面临各种需要立即采取行动的挑战。例如，在经济衰退期间，政府可能需要增加公共支出以刺激需求和促进就业。在这种情况下，拥有财政裁量权使政策制定者能够将资源分配到最需要的地方，无论是通过基础设施项目、社会福利计划还是减税措施。这种灵活性使得政府能够根据其民众的具体需求量身定制响应，因此在危机管理中是一项重要工具。此外，财政裁量权在长期经济规划中也发挥着重要作用。政府可以投资于教育、医疗保健和技术，以促进可持续发展。通过明智地行使这一权力，他们可以创造一个有利于创新和竞争力的环境。例如，政府可能决定增加对可再生能源项目的资金投入，以应对气候变化，同时在新兴产业中创造就业机会。这种战略性使用财政裁量权不仅解决了当前问题，还为未来的繁荣奠定了基础。然而，行使财政裁量权并非没有挑战。批评者认为，过多的自由裁量权可能导致公共资金的管理不善和低效。当政府拥有按照其意愿分配资源的自由时，存在政治偏袒的风险，即资金被导向那些惠及特定群体而非公众整体的项目。这可能导致腐败和缺乏问责制，破坏财政裁量权旨在实现的目标。为了减轻这些风险，政府在行使其财政裁量权时建立明确的指导方针和监督机制至关重要。应优先考虑透明度和问责制，以确保公共资金得到有效使用，并惠及所有公民。此外，与利益相关者（包括私营部门和公民社会）的互动可以帮助创造更具包容性和平衡性的财政决策方法。总之，财政裁量权是政府政策制定的关键方面，使其能够灵活应对经济挑战和促进长期增长。虽然它带来了显著的优势，但也需要谨慎管理，以防止滥用并确保公共资源的高效分配。随着经济的不断发展和面临新挑战，理解和有效利用财政裁量权的重要性只会增加，这使其成为政策制定者、经济学家和公民共同关注的关键议题。