IDEAS home Printed from https://ideas.repec.org/h/ibg/chaptr/conissue-15.html
   My bibliography  Save this book chapter

Intergovernmental Transfer System in Serbia – Current Issues and Chalanges

Author

Listed:
  • Zvonko Brnjas

    () (Belgrade Banking Academy)

  • Predrag Dedeic

    () (Belgrade Banking Academy)

Abstract

Intergovernmental transfer system is one of the key components of the local governmental financing system. It role is to equalize the position of the local governments (LGS) and in this way to enable them to fulfill large variety of competencies which have been in the last couple of decades broaden far beyond the traditional one, which includes areas of local administrations and various social functions. Nowadays, these competences include issues such as local economic development, local infrastructure development, local investment programs, pro-active local employment policy and other. The issue of LG financing and the specific role of intergovernmental finance system in Serbia has been especially emphasized with enforcement of law on local government financing (2007), the intention was to insure the stable and predictable source of LGS financing which should decisively contribute to improve the effectiveness of management process in planning and implementing local budgets. Unfortunately, just after two years of applying of the law, the global finance crises broke and the strongly negatively impacted its effects, which eventually resulted in its suspension in some of its most important aspects.

Suggested Citation

  • Zvonko Brnjas & Predrag Dedeic, 2011. "Intergovernmental Transfer System in Serbia – Current Issues and Chalanges," Book Chapters, Institute of Economic Sciences.
  • Handle: RePEc:ibg:chaptr:conissue-15
    as

    Download full text from publisher

    File URL: http://www.ien.bg.ac.rs/images/stories/download/contemporaryissues_ch15.pdf
    Download Restriction: no

    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:ibg:chaptr:conissue-15. See general 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: (Zorica Bozic). General contact details of provider: http://edirc.repec.org/data/ienbgyu.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.