Javna potrošnja i makroekonomska stabilnost
Public Spending And Macroeconomic Stability

Summary/Abstract: In today's conditions of world economic globalization and regionalization, macroeconomic stability is an increasingly important factor in the growth and development of national economies. It is conditioned and influenced by numerous factors which are subject to national economic policies, as well as global and regional factors which are also a product of the actions of their institutions. The area of public spending, especially the problem of balancing the budget, is extremely important, both from the standpoint of regulating the internal economic processes and the international economic position of each country. It is largely the responsibility of nation states, which regulate this area within the scope of their economic and social functions, while respecting the standards and principles agreed upon within the framework of international organizations and institutions, or by special agreements. The situation in the public spending sector, especially its balance or imbalance, is an important area of economic political action which influences: the relationship between current spending and savings, trends in global demand, the standard of living and prevention of poverty and the scope of investments - which economic growth and employment depend upon to a great extent. In these relationships the burden of public spending is distributed between different layers of society (its social strata), establishing the relationship between the present and future time in the economy and economic conditions of people's lives. The objective of this paper is to research the relationship between public spending and macroeconomic stability, taking into account contemporary trends and problems in these areas in individual countries and in the world.

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