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Public Finance and Financial Legislation - Prof. Dr. Mohammed Jamal Al-Thneibat

Public Finance and Financial Legislation - Prof. Dr. Mohammed Jamal Al-Thneibat

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Dar Al Thaqafa

The first section of this book covers the fundamentals of public finance, starting with public needs, a primary concern of economics, which the state must satisfy by providing what are known as public services. The financial scope of the state depends on defining the nature of these public needs. The social and economic characteristics of human needs are diverse, ranging from innate to social, regardless of the society's level of progress or the type of system it adopts. Basic needs are divided into individual needs, which individuals satisfy as they see fit according to societal norms, and collective needs for the general population, which are felt by individuals as a group and are characterized by their indivisibility. The second chapter discusses the objectives of public and private finance, the aspects of public finance such as its legal and organizational framework, and the principles that define public finance and economic fiscal policy. Public finance holds a significant position in the national economy through its share of economic activity, achieving results that trigger the multiplier effect, where mutual influence between it and the national income leads to an increase in national income, thereby enhancing its potential contribution to public resources. The second section sheds light on public expenditures, which are a central pillar of public finance due to their rapid evolution in financial thought and fiscal policy. Public expenditures represent one of the state's tools used to fulfill its role in the economic and financial fields, outlining the state's programs in various areas through appropriations, each allocated to meet the public needs of individuals.

  • ISBN: 9789957160000
  • Weight: 0.600 kg
  • Dimensions: 17×24 cm
  • Paper: White
  • Pages: 304
  • Year of Publication: 2003
  • Binding: Hardcover
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