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...

Full description

Bibliographic Details
Main Authors: Danijela Despotović, Danijela Durkalić
Format: Article
Language:English
Published: University in Belgrade 2017-11-01
Series:Serbian Journal of Management
Subjects:
Online Access:http://aseestant.ceon.rs/index.php/sjm/article/view/14122/pdf
_version_ 1818038462446567424
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