THE IMPACT OF MACROECONOMIC FACTORS ON PUBLIC REVENUES - CASE STUDY: KOSOVO AND ALBANIA
THE IMPACT OF MACROECONOMIC FACTORS ON PUBLIC REVENUES - CASE STUDY: KOSOVO AND ALBANIA

Summary/Abstract: The paper aims to provide an overview of the macroeconomic factors of Kosovo and Albania for 11 years and their impact on public revenues. And then we will present the macroeconomic indicators of Kosovo and Albania, then doing an econometric analysis of the macroeconomic indicators of these two countries. The paper concludes by providing a number of specific recommendations for the Kosovo budget, namely budget revenues and expenditures. Society is the basis of a state. We know that individuals who are part of society are quite complex. The economy of a country reflects behaviors, motives, attitudes, etc., where indicators of a country's economy are the result of society's decisions. To achieve prosperity and political stability, governments aim to achieve economic equilibrium by using various instruments to stimulate economic growth, reduce unemployment and achieve macroeconomic objectives. (Civic A, 2013). When the government determines fiscal policy, it makes a preliminary assessment of a large number of factors, including the performance of key macroeconomic and financial variables and indicators, due to their impact on the amount of tax revenues collected that meet the needs of funding government programs (Karl E, et.al, 2013). The paper aims to provide an overview of the macroeconomic factors of Kosovo and Albania for 11 years and their impact on public revenues. And then we will present the macroeconomic indicators of Kosovo and Albania, then doing an econometric analysis of the macroeconomic indicators of these two countries. The paper concludes by providing a number of specific recommendations for the Kosovo budget, namely budget revenues and expenditures.

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