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Makale Özeti:
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Efficiency in resource allocation is the most important goal of fiscal
policy and without fulfillment of this goal, it is impossible to improve the
income distribution and macro economic stabilization goals of the modern
public finance. This main goals of fiscal policy was successfully applied by
the western welfare states, known as social states in Europe, to some
certain degree in Turkey in 1960s and 1970s. Whereas, neoliberal monetary
policies such as privatization, deregulation and financial liberalization
resulted in world wide economic crises since 1980s. For this reason, this
study is based on the fiscal policies developed by Richard Musgrave, which
became the theoretical back up in establishing social states in Europe in
1960s and in 1970s. Efficiency in resource allocation calls for satisfaction of
public and private wants by private and public sectors efficiently. For this
reason, we analyze the efficiency conditions to be applied to private and
public goods and services. Based on social production possibility curve and
social indifference curve analysis equilibrium conditions for both sectors
are set. Examples of inefficiencies in private and public sector in Turkey are
given in the first part of this article. In the second part of this study, some
distorting cases from efficiencies are explained and my suggestions to restore
efficiency are stated.
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