SUSTAINABILITY OF PUBLIC DEBT IN THE REPUBLIC OF SRPSKA
Journal Title: European Journal of Business and Social Sciences - Year 2014, Vol 3, Issue 1
Abstract
Public debt is one of components of macroeconomic stability in the economy of each country. As such, the public debt is justified if it supports the macroeconomic stability, i.e. when the funds raised through borrowings are used for investments, encouraging the development of the overall economic environment, and greater benefits for citizens. The main question is how to spend the borrowed funds, because the ability to service the debt in the future will depend on that. After analyzing the situation and characteristics of the public debt, in this paper we shall present the amount of the public debt of the entity of the Republic of Srpska, as well as the opportunities to reduce the same, to prevent its negative consequences and stabilize the macroeconomic aggregates of the Republic of Srpska. In addition to that, the paper presents a comparison of the amount of the public debt in relation to the GDP in the countries of the EU and the Balkans.
Authors and Affiliations
Bosko MANDIC, PhD| (corresponding author) University NUBL , Faculty of Public Safety, Banjaluka, Bosnia and Herzegovina bosko.mandic@yahoo.com Phone: 00 387 51 308 761 Direct Contact: 00 387 52 241 900, Boro VOJVODIC, Msci| Town of Prijedor, Department of Economics, Prijedor boro.vojvodic@prijedorgrad.org Phone: 00 387 52 214 333 Direct Contact: 00 387 66 922 062
Keywords
Related Articles
- EP ID EP10385
- DOI -
- Views 334
- Downloads 14
CHALLENGES AND SUCCESS DRIVERS OF MOTORCYCLE SPARE-PARTS PRIVATE LABEL BRANDS IN SOUTHEAST NIGERIA
The motivation of this study is the observed increase of motorcycle spares parts private labels (PLs) in the southeast Nigeria, therefore warranting empirical probing to identify success factors and major challenges t...
CONTEMPORARY USE OF HOSPITAL EFFICIENCY INDICATORS TO EVALUATE HOSPITAL PERFORMANCE USING THE PABON LASSO MODEL
Background: Evaluating of the hospital performance using the hospital efficiency indicators can help to appropriate understanding of efficiency of predetermined plans. This study used the Pabon Lasso model to evaluate...
FINANCIAL ANALYST WORK PAPERS UP TO COMPARING OF POSSIBILITY DERIVATIVES AFFECTION IN ISLAMIC COMPANIES AND TRADITIONAL COMPANIES
This search investigated differences between affection of using derivatives in Islamic companies and Traditional companies. It found that Islamic companies are forbidden to use derivative as subcontract but it is affe...
THE RECOMMENDATIONS IMPROVING THE MORALE OF EMPLOYEES IN SELECTED SMALL ANDMEDIUM SIZED ENTERPRISES IN BA RIA – VUNG TAU
Employee loyalty has always been a matter of concern for organizations. A large degree of employee turnover is highly detrimental to both the organization as well as the employees. Loyalty has an impact over the organ...
FAMILY, BUSINESS, AND OWNERSHIP: INFLUENCE OF FAMILY BUSINESSES ON CORPORATE SOCIAL RESPONSIBILITY
The social responsibility of family businesses is little studied, especially in developing economies. This study aims to determine the level of influence of the company, family, and ownership and the ability of the fa...