IDEAS home Printed from https://ideas.repec.org/a/vrs/ecothe/v62y2024i2p163-183n1003.html
   My bibliography  Save this article

Development Measures of Fiscal Policy in the Republic of Serbia and the European Union - A Comparative Analysis

Author

Listed:
  • Marjanović Maja

    (Banca Intesa ad Belgrade, Serbia)

  • Đurović-Todorović Jadranka

    (University of Niš, Faculty of Economics, Serbia)

Abstract

Regardless of the fact that, historically speaking, fiscal policy was generally viewed as stabilizing, its flexibility in modern conditions can also have a developmental effect on the specific national economy. In this paper, it will be discussed in detail about the development impact of short-term and long-term development measures of the fiscal policy of the EU countries and the Republic of Serbia. Special attention will be paid to the impact of fiscal policy on innovation and productivity, as well as the impact on economic growth and the increase in social standards. The mechanisms by which the fiscal policy positively affects the encouraging of research and development, the motivation for innovative entrepreneurship, the stimulation of state investments and the inflow of foreign direct investments, strongly influence the increase of national productivity, innovation, competitiveness and, in the last instance, economic development.

Suggested Citation

  • Marjanović Maja & Đurović-Todorović Jadranka, 2024. "Development Measures of Fiscal Policy in the Republic of Serbia and the European Union - A Comparative Analysis," Economic Themes, Sciendo, vol. 62(2), pages 163-183.
    • Handle: RePEc:vrs:ecothe:v:62:y:2024:i:2:p:163-183:n:1003
    DOI: 10.2478/ethemes-2024-0009
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/ethemes-2024-0009
    Download Restriction: no
    File URL: https://libkey.io/10.2478/ethemes-2024-0009?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    fiscal policy; economic development; investments; innovations; productivity; The Republic of Serbia; The European Union; fiskalna politika; privredni razvoj; investicije; inovacije; produktivnost; Republika Srbija; Evropska unija;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:ecothe:v:62:y:2024:i:2:p:163-183:n:1003. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.