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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Format: | Article |
Language: | English |
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Center for Economic and Financial Research, Belgrade
2016-01-01
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Series: | Oditor |
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Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2217-401X/2016/2217-401X1602051C.pdf |