文章基本信息

标题：THE SYSTEM OF PUBLIC FINANCING: THE CASE OF BOSNIA AND HERZEGOVINA
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作者：Đonlagić, Dženan ; Kešetović, Izudin
期刊名称：Economic Research
印刷版ISSN：1331-677X
出版年度：2008
卷号：21
期号：3
页码：100-109
出版社：Juraj Dobrila University of Pula, Department of Economics and Tourism 'Dr. Mijo Mirkovic'
摘要：This article analyzes the system of public financing in Bosnia and Herzegovina (hereinafter BH), whose unfavourable structure is caused by the complex state organization and its asymmetrical fiscal and financial structure that causes enormous public expenditure. The limitation for an effective development of public financing system in BH is a deficient fiscal capacity in collecting the state’s own revenues. Fiscal decentralization in BH is a very complex issue and would demand an appropriate reorganization of the fiscal system in the near future. Reducing and equalizing tax rates, steering public expenditure to development and solving problems of public debt represent urgent steps in the following period as a predisposition for increasing economic activity in the country as a whole. Fiscal policy designed in such a manner would then be capable of stimulating investment consumption as well as reducing shadow economy and tax evasion in BH economy. A lack of political willingness and a weak role of state institutions complicate the development of a fiscal frame that could ensure sustainable financing of the public sector in a long term period and could be capable of faster economic growth and development in order to complete European Union accession process successfully.
关键词：fiscal policy; system of public financing; public revenues; public debt; Bosnia and Herzegovina