FISCAL SUSTAINABILITY OF THE MACROECONOMIC SYSTEM OF EUROPEAN UNION MEMBERS

Authors

  • Aleksandar Živković Faculty of Economics, University of Belgrade, bachelor, Belgrade Author
  • Nemanja Pantić University of Kragujevac, Faculty of Hotel and Tourism in Vrnjačka Banja, Vrnjačka Banja Author
  • Milovan Rosić Ministry of Health RS Author

DOI:

https://doi.org/10.5937/Oditor1902033Z

Keywords:

public expenditures, public revenues, unemployment, investments, budget deficit

Abstract

Modern countries are characterized by budget deficits that can create significant problems if they are present in the long run. The aim of these countries is to reduce these deficits to the lowest possible level or, ultimately, their complete elimination.

Increasing public expenditures, on the one hand, accompanied by a reduction in fiscal revenues on the other, has, as a result, triggered some of the forms of nonfiscal resources.

Unemployment is a very challenging problem for modern countries, so it takes a significant place in terms of budget spending. For this reason it is imperative to emphasize the policy of stimulating investment, which is the case in the countries of the European Union.

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References

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Dostupno na : https://ec.europa.eu/eurostat/web/government-financestatistics/data/database, pristupljeno 10.06.2019.

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Published

2019-08-31

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Section

Articles

How to Cite

Živković, A., Pantić, N., & Rosić, M. (2019). FISCAL SUSTAINABILITY OF THE MACROECONOMIC SYSTEM OF EUROPEAN UNION MEMBERS. Oditor, 5(2), 32-41. https://doi.org/10.5937/Oditor1902033Z

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