Economic, political and institutional determinants of fiscal deficit

This paper seeks basic economic and political causes of instability and rising fiscal deficit. Economic factors that may cause the appearance and increase in the fiscal deficit are: growth of current public spending, launching public investments, tax cuts and weakening financial discipline. The gove...

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Bibliographic Details
Main Author: Vuković Marija R.
Format: Article
Language:English
Published: University of Novi Sad, Faculty of Law 2017-01-01
Series:Zbornik Radova: Pravni Fakultet u Novom Sadu
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2017/0550-21791702417V.pdf