Gaber, Stevan (2008) Deficit finance – a modern trend in budget policy. In: Modernizacija na ekonomijata-makroekonomski, finansiski i socijalni aspekti. Jubilejna megunarodna naucnoprakticna konferencija . Akademicno izdatelstvo "Cenov", Svishtov, pp. 94-101. ISBN 978-954-23-0400-5 (t.2)
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Abstract
In this paper it’s analyzed the concept of budget deficit and the trend of this situation in budget policy. That’s seen through the comparison of the various member countries deficits and public debt figures as per cents from GDP in previously determined period of time. Since the obvious slowdown in the budget deficit numbers, it is also paid attention to the fiscal rules which led to reduction in the deficits and public debts. Especially focus is enlightened on the functionality of the Stability and Growth Pact, the arguments for existence of fiscal rules and the effects of the debt finance on the economy.
| Item Type: | Book Section |
|---|---|
| Subjects: | Social Sciences > Economics and business |
| Divisions: | Faculty of Economics |
| Depositing User: | Stevan Gaber |
| Date Deposited: | 12 Dec 2012 15:00 |
| Last Modified: | 12 Dec 2012 15:00 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/3432 |
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