ANALYSIS OF BUDGET DEFICIT IN THE CANDIDATE COUNTRIES FOR EU MEMBERSHIP
The problems of deficit and debt are the traditional drivers of the recession in the past. Due to the high impact of the budget deficit to increase in indebtedness and deterioration of a macroeconomic performance, the European Union in Maastricht Treaty and later in the Pact of Stability and Growth...
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Format: | Article |
Language: | English |
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University in Belgrade
2017-11-01
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Series: | Serbian Journal of Management |
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Online Access: | http://aseestant.ceon.rs/index.php/sjm/article/view/14122/pdf |
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author | Danijela Despotović Danijela Durkalić |
author_facet | Danijela Despotović Danijela Durkalić |
author_sort | Danijela Despotović |
collection | DOAJ |
description | The problems of deficit and debt are the traditional drivers of the recession in the past. Due to the high impact of the budget deficit to increase in indebtedness and deterioration of a macroeconomic
performance, the European Union in Maastricht Treaty and later in the Pact of Stability and Growth strictly defined fiscal criteria which the member states should adhere to. Fiscal criteria are
particularly important when it comes to candidate countries for EU membership. The aim of this paper is that, through theoretical and empirical basis perform a comparative analysis of the budget
deficit in EU countries and candidates for membership in the EU, to rank the 34 countries according to the criteria of public finances and to show the causality between the candidate countries for
membership of the EU and EU member states. |
first_indexed | 2024-12-10T07:43:07Z |
format | Article |
id | doaj.art-2ce8fda72bb04974a25d766a3bf90d50 |
institution | Directory Open Access Journal |
issn | 1452-4864 2217-7159 |
language | English |
last_indexed | 2024-12-10T07:43:07Z |
publishDate | 2017-11-01 |
publisher | University in Belgrade |
record_format | Article |
series | Serbian Journal of Management |
spelling | doaj.art-2ce8fda72bb04974a25d766a3bf90d502022-12-22T01:57:15ZengUniversity in BelgradeSerbian Journal of Management1452-48642217-71592017-11-0112223725310.5937/sjm12-14122ANALYSIS OF BUDGET DEFICIT IN THE CANDIDATE COUNTRIES FOR EU MEMBERSHIPDanijela Despotović0Danijela Durkalić1University of Kragujevac, Faculty of Economics in KragujevacUniversity of Belgrade, Technical Faculty in BorThe problems of deficit and debt are the traditional drivers of the recession in the past. Due to the high impact of the budget deficit to increase in indebtedness and deterioration of a macroeconomic performance, the European Union in Maastricht Treaty and later in the Pact of Stability and Growth strictly defined fiscal criteria which the member states should adhere to. Fiscal criteria are particularly important when it comes to candidate countries for EU membership. The aim of this paper is that, through theoretical and empirical basis perform a comparative analysis of the budget deficit in EU countries and candidates for membership in the EU, to rank the 34 countries according to the criteria of public finances and to show the causality between the candidate countries for membership of the EU and EU member states.http://aseestant.ceon.rs/index.php/sjm/article/view/14122/pdfBudget deficitEuropean unioncandidate countriesthe PROMETHEE method |
spellingShingle | Danijela Despotović Danijela Durkalić ANALYSIS OF BUDGET DEFICIT IN THE CANDIDATE COUNTRIES FOR EU MEMBERSHIP Serbian Journal of Management Budget deficit European union candidate countries the PROMETHEE method |
title | ANALYSIS OF BUDGET DEFICIT IN THE CANDIDATE COUNTRIES FOR EU MEMBERSHIP |
title_full | ANALYSIS OF BUDGET DEFICIT IN THE CANDIDATE COUNTRIES FOR EU MEMBERSHIP |
title_fullStr | ANALYSIS OF BUDGET DEFICIT IN THE CANDIDATE COUNTRIES FOR EU MEMBERSHIP |
title_full_unstemmed | ANALYSIS OF BUDGET DEFICIT IN THE CANDIDATE COUNTRIES FOR EU MEMBERSHIP |
title_short | ANALYSIS OF BUDGET DEFICIT IN THE CANDIDATE COUNTRIES FOR EU MEMBERSHIP |
title_sort | analysis of budget deficit in the candidate countries for eu membership |
topic | Budget deficit European union candidate countries the PROMETHEE method |
url | http://aseestant.ceon.rs/index.php/sjm/article/view/14122/pdf |
work_keys_str_mv | AT danijeladespotovic analysisofbudgetdeficitinthecandidatecountriesforeumembership AT danijeladurkalic analysisofbudgetdeficitinthecandidatecountriesforeumembership |