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ALBÁNSKA FIŠKÁLNA POLITIKA: DOBRÝ PRÍKLAD PRE PERSPEKTÍVU EÚ (ALBANIA’S FISCAL GOVERNANCE: A GOOD EXAMPLE IN EU PERSPECTIVE)

Ardian Durmishi and Nikolay Patonov ()
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Nikolay Patonov: Marketing and Engineering Department, Economic Faculty, University „Aleksander Xhuvani“- Elbasan Albania

Medzinarodne vztahy (Journal of International Relations), 2016, vol. 14, issue 4, 120-129

Abstract: Štúdia sa venuje preskúmaniu dynamiky rozpočtovej bilancie a verejného dlhu v Albánsku pre obdobie 2005-2014. Dynamika oboch veličín je predpovedaná a nastavená až do roku 2020. Dané albánske hodnoty týchto premenných sú taktiež popísané v porovnaní s priemernými hodnotami pre EÚ-28. Pozornosť je venovaná prepojeniu medzi rozpočtovými deficitmi a deficitmi bežného účtu. Pomery rozpočtového deficitu a verejného dlhu sú v rámci zdravého intervalo sledovaného obdobia. Štatistické prognózy naznačujú udržanie postupného nárastu oboch veličín, ale v rámci zdravých a udržateľných hraníc. Toto je dobré svedectvo o verejných financiách Albánska v tomto ranom štádiu na ceste členstva v EÚ (The paper is intended to explore the dynamics of budgetary balance and public debt in Albania for the period 2005-2014. The dynamics of both variables are forecasted up to 2020. The place of the Albanian values of those variables will also be described in comparison with the mean values for the EU-28. Attention is paid on the link between budgetary deficits and current account deficits. The ratios of budgetary deficit and public debt are within healthy intervals in the studied period. The statistical forecasts suggest maintaining a gradual increase of both variables but not exceeding the healthy bounders. This is a good testimonial for the public finance of Albania at this early stage of the road to EU membership.)

Keywords: budgetary deficit; public debt; fiscal rule; forecasts (search for similar items in EconPapers)
JEL-codes: H62 H63 H68 (search for similar items in EconPapers)
Date: 2016
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