THE ROLE OF FISCAL RULES

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Published: Aug 31, 2011
Keywords:
fiscal rules, budget deficit, public debt, Maastricht criteria

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Mihajlo Babin
Faculty of Economics, Finance and Administration (FEFA), Belgrade
Miloš Erić
Faculty of Economics, Finance and Administration (FEFA), Belgrade

Abstract

Fiscal rules are an important instrument of restricting public debt accumulation and expanding. Research of characteristics and examples of fiscal rules, with special review of European monetary union rules, has created pre-conditions for analysis of adopted fiscal rules in Serbia.

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Article Details

Issue
Vol. 55 No. 2 (2011): Foreign legal life
Section
Review scientific papers
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