Budget deficit of the Republic of Serbia

According to classical economic theory, the budget balance represents the only correct rule of financing public expenditure, since each deficit causes or borrowing, or the primary issue, which further leads to the fiscal burden in the long term. However, modern economic theory budget balance replace...

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Bibliographic Details
Main Author: Ćurčić Mihailo
Format: Article
Language:English
Published: Center for Economic and Financial Research, Belgrade 2016-01-01
Series:Oditor
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2217-401X/2016/2217-401X1602051C.pdf