No Time To Lose: Fiscal Consolidation Reloaded
AbstractPublic finance deficits and structural weaknesses of the Serbian economy and society are so severe, that there is no time to lose. After emergency measures, taken in the last quarter of 2012 in public finances, a responsible control over public finances in 2013 is necessary in the first place in order to prevent deficit increase above the projected. It is of key importance for the 6overnment to keep under control what is in its power, i.e. expenditures, including a solution to be found for the arrears problem. Second, along with monitoring execution of this year's budget, the 6overnment has to adopt and implement the Fiscal Strategy measures: solving problems in enterprise restructuring, limiting and reducing subsidies and guarantees, limiting the public sector wages, developing and implementing a rationalization programme as regards the public sector employment, and the like. Third, several systemic fields are improperly regulated, primarily the pension system and vertical imbalance in the public finances between the central and local government levels.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by SAE - Serbian Association of Economists in its journal SAE Journal.
Volume (Year): (2013)
Issue (Month): 1-2 (February)
Contact details of provider:
Postal: Bulevar Mihajla Pupina 147, Dobrinjska 11, Belgrade, Serbia
Phone: +381 11 3613-409; +381 11 2644-980
Fax: +381 11 3629-689
Web page: http://www.ses.org.rs
More information through EDIRC
iscal deicit; public debt; iscal consolidation; budget; iscal strategy; reforms;
Find related papers by JEL classification:
- E00 - Macroeconomics and Monetary Economics - - General - - - General
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Milos Stamatovic).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.