FISCAL SUSTAINABILITY - A LOGICAL APPROACH

The paper proposes a logical approach to the fiscal sustainability concept. In the first part of the paper, the concept of sustainability is defined by identifying the sufficiency predicates, those logical conditions that the given system has to fulfill in order to be qualified as a sustainable system. Next, the role of autopoietic capacity in sustainable systems is highlighted. The last part of the paper considers the customization of the logical conditions of sustainability in the fiscal field. Thus, in order to define the concept of fiscal sustainability, additional sufficiency predicates will be identified, extracting from the sustainable processes those processes that are of fiscal type. Also, the paper proposes a logical formalization of the fiscal sustainability concept.