DISCRETIONARY AND NON-DISCRETIONARY FISCAL POLICY: APPLICATION EXPERIENCE IN THE PANDEMIC ECONOMIC CRISIS
Foreign practices in implementing discretionary and non-discretionary fiscal policy under current pandemic and economic crisis are analyzed. An appraisal of their effectiveness is provided. Advantages and disadvantages of traditional fiscal policy measures are revealed. New areas of discretionary policy such as quasi-automatic stabilizers are considered. Their structure is studied, prospects of applying are outlined.