Theory and practice shows that fiscal policy has enormous influence in the fight against the economic cycle through fiscal instruments. Along with the other macro-economic policies, especially monetary policy, fiscal policy is one of the key tools the deciding role in the management, regulate the macro economy.The results showed that Vietnam's fiscal policy to stabilise the economic cycle is quite similar to other developing countries, is positive with the cycle, and potentially many macro instability. The research results showed that fiscal policy should fit with the position of the economic cycle with output potential. The policy reflected in the recession phase cycle usually has a positive influence on economic growth. Note also that, the policy response has also cycle latency, that is, there is usually no immediate positive response. Thus the implementation of fiscal policy needs to be made urgently in order to maximize the stimulus effects of fiscal policy with the fiscal tools be used flexibly according to the degree of influence. Should use the expanded fiscal policy when the economy is below potential output level. However the application of fiscal policy expanded continuously during long easy to cause unrest, leading to a recession. Therefore, the State should stimulate growth with caution, in the phase of growth on the level of potential, the State should not extend the policy to your tags. If along with monetary loosening is often only achieved growth in the short term, then the economy will "down and pathogenesis", that is inflation, declining investment, manufacturing business, destabilizing social and economic from which will reduce growth in the long term.However, practices and studies show that complexity in the role of fiscal policy to stabilize the macro-economic cycle, being strongly influenced by the economic environment in the country, the region and internationally. In addition, this role is also affected by the network of interwoven influences of other macroeconomic variables. The goal of growth changes affect the role of fiscal policy to stabilise the economic cycle. The role of economic cycle stability through impact on actual output is determined by many factors, depending on fiscal policy as well as other macro policies.Để tăng cường vai trò của chính sách tài khóa đối với ổn định chu kỳ kinh tế, Việt Nam cần phối hợp đồng bộ nhiều giải pháp, bao gồm xây dựng kế hoạch chi tiêu trung hạn hợp lý, đảm bảo kỷ luật tài khóa, an ninh, an toàn tài chính, có cơ chế điều hành chính sách tài khoá hiệu quả, cải thiện hệ thống thuế nhằm tăng nguồn thu ổn định, tái cấu trúc đầu tư công nhằm nâng cao hiệu quả sử dụng vốn ngân sách, quản trị chính sách tài khóa nhằm có những đối sách kịp thời và hiệu quả hơn, phối hợp với chính sách tiền tệ nhằm tạo tác động cộng hưởng chứ không triệt tiêu nhằm đạt được mục tiêu tăng trưởng chung, cũng như cam kết lòng tin của cộng đồng doanh nghiệp và dân chúng nhằm góp phần tạo ổn định môi trường kinh tế, chính trị và xã hội.
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