Public debt of the Republic of Serbia in the new millennium: Analysis of the situation and future trends
The subject of research in the paper is focused on the analysis of public debt in the Republic of Serbia in the time interval from 2000 to the end of 2022. Observing the data on the movement of public debt in the new millennium, it is noticeable that there is a trend of its increase after the world...
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Format: | Article |
Language: | English |
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Viša ekonomska škola Peć, Leposavić
2023-01-01
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Series: | Ekonomski Signali |
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Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2023/1452-44572302013N.pdf |
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author | Novović Milan Lukić Aleksandar Marjanović Nataša |
author_facet | Novović Milan Lukić Aleksandar Marjanović Nataša |
author_sort | Novović Milan |
collection | DOAJ |
description | The subject of research in the paper is focused on the analysis of public debt in the Republic of Serbia in the time interval from 2000 to the end of 2022. Observing the data on the movement of public debt in the new millennium, it is noticeable that there is a trend of its increase after the world economic crisis of 2008. The main cause of such trends is the excessive consumption of state authorities and the reduction of tax revenues, which is a consequence, first of all, of reduced economic activity due to global negative tendencies in certain years. The high level of public debt represents the main barrier for the economic development of the Republic of Serbia. Analysis of the data in the observed period indicates that the problem of public debt growth can be solved by increasing the gross domestic product and reducing public spending. |
first_indexed | 2024-04-24T13:41:31Z |
format | Article |
id | doaj.art-268a309746134bcea3eba1b4aad26af0 |
institution | Directory Open Access Journal |
issn | 1452-4457 2560-3302 |
language | English |
last_indexed | 2024-04-24T13:41:31Z |
publishDate | 2023-01-01 |
publisher | Viša ekonomska škola Peć, Leposavić |
record_format | Article |
series | Ekonomski Signali |
spelling | doaj.art-268a309746134bcea3eba1b4aad26af02024-04-04T08:28:32ZengViša ekonomska škola Peć, LeposavićEkonomski Signali1452-44572560-33022023-01-01182133210.5937/ekonsig2302013N1452-44572302013NPublic debt of the Republic of Serbia in the new millennium: Analysis of the situation and future trendsNovović Milan0https://orcid.org/0000-0002-6944-7973Lukić Aleksandar1https://orcid.org/0000-0002-4922-2937Marjanović Nataša2https://orcid.org/0000-0003-3791-5135Business School of Vocational Studies "Čačak", Belgrade, SerbiaProject Management College, Belgrade, SerbiaBusiness School of Vocational Studies "Čačak", Belgrade, SerbiaThe subject of research in the paper is focused on the analysis of public debt in the Republic of Serbia in the time interval from 2000 to the end of 2022. Observing the data on the movement of public debt in the new millennium, it is noticeable that there is a trend of its increase after the world economic crisis of 2008. The main cause of such trends is the excessive consumption of state authorities and the reduction of tax revenues, which is a consequence, first of all, of reduced economic activity due to global negative tendencies in certain years. The high level of public debt represents the main barrier for the economic development of the Republic of Serbia. Analysis of the data in the observed period indicates that the problem of public debt growth can be solved by increasing the gross domestic product and reducing public spending.https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2023/1452-44572302013N.pdfoil and oil derivativesimport dependencysupply management |
spellingShingle | Novović Milan Lukić Aleksandar Marjanović Nataša Public debt of the Republic of Serbia in the new millennium: Analysis of the situation and future trends Ekonomski Signali oil and oil derivatives import dependency supply management |
title | Public debt of the Republic of Serbia in the new millennium: Analysis of the situation and future trends |
title_full | Public debt of the Republic of Serbia in the new millennium: Analysis of the situation and future trends |
title_fullStr | Public debt of the Republic of Serbia in the new millennium: Analysis of the situation and future trends |
title_full_unstemmed | Public debt of the Republic of Serbia in the new millennium: Analysis of the situation and future trends |
title_short | Public debt of the Republic of Serbia in the new millennium: Analysis of the situation and future trends |
title_sort | public debt of the republic of serbia in the new millennium analysis of the situation and future trends |
topic | oil and oil derivatives import dependency supply management |
url | https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2023/1452-44572302013N.pdf |
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