%0 Journal Article
%T FISKALNO UPRAVLJANJE - FISCAL MANAGEMENT
%A Zarko Ristic
%A Kristijan Ristic
%A Ljubomir Miljkovic
%J FBIM Transactions
%P 106-115
%@ 2334-704X
%D 2015
%R 10.12709/fbim.03.03.02.13
%X Fiscal finances within macroeconomic theory include global and waist tour options collection (mobilization), the distribution and allocation of limi polled financial resources of the state and its political- territorial collectivity on al of the alternative uses of the expected (programmed) yields (effects) investment funds in the process of covering the costs of financing social activities and social standards, and alimentation public needs and public sector development. Modern theories of fiscal management formulate criteria decision-making publicly financed investment decisions in the sphere of public functions of the state and its entities, which include issues (a) who, what and how much investment should amount to determine how quickly the public sector has to grow (b) when and how the fiscal investment be  fund to determine the preferred tax and budget structure, and (c) what sort of structure (and volume) of budgetary investment should be to find out in which segment of the public spending growing or decreasing effects (yield) from the point of quacktures of public services , efficiency of public needs and rationality of public spending. These are precisely the goals of fiscal management that optimize decisions on the mobilization and allocation of financial resources to the principle of maximizing the profitability of the public sector and minimizing the cost of public alimentation needs, while maintaining a satisfactory level of liquidity of the country (without falling into deficit) and increase the efficiency of tax policy and rationality budgetary policy.
%K fiscal management
%K public economics
%K public sector
%K public management
%K public subsidies
%U http://fbim.meste.org/FBIM_2_2015/6_13.pdf