Assessment of the Fiscal Stances of the Balkan States

Presiyana Nenkova and Angel Angelov
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Presiyana Nenkova: UNWE

Economic Archive, 2020, issue 4 Year 2020, 14-34

Abstract: The research paper presents an assessment of key budgetary and socio-economic indicators to reveal the effects of the models of public finance management adopted by the countries on the Balkan Peninsula. Based on these indicators, the analysis determines the fiscal stance of each Balkan country before, during and after the global economic crisis. The results of the analysis show a significant degree of similarity in the discretionary measures taken, but at the same time some more pronounced deviations from the general economic development of the Balkans.

Keywords: fiscal policy; fiscal stance; central government budget; output gap (search for similar items in EconPapers)
JEL-codes: E62 H61 H62 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:dat:earchi:y:2020:i:4:p:14-34

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