Fluctuation of public debt and the issue of its sustainability - the case of the Republic of Macedonia
Fluctuation of public debt and the issue of its sustainability - the case of the Republic of Macedonia

Summary/Abstract: The economic activity is the first and most important factor affecting the stability of the country. So consistently implement strategies to increase the economic activity and use foreign experience of practical examples that help increase economic activity. In this direction, the research emphasis is often placed on fiscal policy, which is known to have a practical use of the sum of state revenues provided by taxation and expenditures that occur through consumption. These two factors affect the economy and the economic stability of the state level. Analyzing fiscal policy also becomes necessary to specify main instruments, which are changes that occur in the level of government spending generated in a number of different sectors. Changes occurring at the state level, while affecting fiscal policy changes that express a great impact on the economic stability of the country and the economy are treated as the macroeconomic changes in the economic system of the country.

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