Budget openness and transparency are key elements of the effective management of public finances, determining the fiscal risks, rational financial decision-making, increasing accountability by policy makers and improving fiscal policies. It is difficult to define budget transparency, and also...

(English) The aim of this study is to consider the current situation with the development of public policies for the state aid to countries in the Western Balkans region in the context of attracting foreign investments and identifying possible implications for regional economies from...

The aim of this study is to review the current situation regarding the development of state aid policies in countries in the region in the context of attracting foreign investment and to identify possible implications for the regional economies from incentive-based policies. The study provides...

The objective of the study is to analyze various policies, regulation and legislation regarding public debt and processes of the situation in the public finance field, to recognize key problems, propose solutions and advocate for change, with a special focus on monitoring of public finance....

This research provides a critical analysis of the available relevant theoretical and empirical literature regarding the key lessons about fiscal and monetary policy during the latest global crisis. The main contribution of this paper lies in offering a new redesigned framework for the key...

The global economic crisis caused a deterioration in the public finances of the South East European countries. Hence, the issue of fiscal sustainability became important not only for the developed EU countries (considering the European debt crisis), but also for the SEE region. The aim of this...

The global economic crisis opened a new chapter in economic policy and awakened economic science. Its severity, the various negative financial and economic shocks and the impotence of the economic policy response revealed new questions about the background and the causes of the economic crisis...

The 2008 global economic crisis exposed the importance of state fiscal intervention, and more than two decades of neoclassic paradigm and a non-fiscal domination paradigm, it brought back fiscal activism and the Keynesian ideas and measures at the top of government agendas. However, drastic...

The global economic crisis opened a new chapter in economic policy and awakened economic science. Its severity, the various negative financial and economic shocks and the impotence of the economic policy response revealed new questions about the background and the causes of the economic crisis...

According to data from official state institutions analyzed in the study, the policy on balanced regional development is facing serious challenges and is yet to engage in serious efforts in the future. Evidence on the unfavourable situation is found in data whereby more than half of investments...