Fiscal Decentralisation and Local Government Financing in Serbia and Montenegro

Authors

Sanja Kmezić, Ph.D., Lecturer
University of Graz, Teaching Faculty Cen
Katarina Đulić, Ph.D., Professor
University, Faculty of Economics, financ
Mijat Jocović, Ph.D., Assistant Professor
University of Montenegro, Faculty of Eco
Jadranka Kaluđerović, Ph.D., Assistant Professor
University of Donja Gorica, Donja Gorica

Synopsis

This book focuses on the fiscal decentralisation processes and the systems of local government financing in Serbia and Montenegro in the period 2000-2015. The retrospective analysis of the decentralisation processes in both countries show that they have been moving back and forth between decentralisation and centralisation, constantly swinging the pendulum of political discourse and the legal framework on intergovernmental fiscal governance. During the observed period, the systems of local government financing in both countries have often undergone drastic changes. Thus, this study focuses on the analysis of the impact of the legal framework related to intergovernmental fiscal relations, fiscal decentralisation and local government financing in Serbia and Montenegro on local government budgets. By applying both normative and economic analyses, as well as both quantitative and qualitative research methods, the study evaluates the legal quality and economic and factual effects of relevant legislation on local government budgets and status in the period 2000-2015.

The study is divided into four parts: 1) Introduction; 2) Case Study: Serbia; 3) Case Study: Montenegro (both case studies include normative, economic and empirical analyses of the fiscal decentralisation process and the system of local government financing); 4) Comparative conclusions and recommendations.

Author Biographies

Sanja Kmezić, Ph.D., Lecturer, University of Graz, Teaching Faculty Cen

University of Graz, Teaching Faculty Center for Southeast European Studies, Schubertstrasse 21/1 8010 Graz, Austria, email: sanja.kmezic@uni-graz.at.

Katarina Đulić, Ph.D., Professor, University, Faculty of Economics, financ

University, Faculty of Economics, finance and administration, Bulevar Zorana Đinđića 44, 190675 Belgrade, Serbia, email: kdjulic@fefa.edu.rs.

Mijat Jocović, Ph.D., Assistant Professor, University of Montenegro, Faculty of Eco

University of Montenegro, Faculty of Economics Podgorica, Jovana Tomaševića 37, 81000 Podgorica, Montenegro, email: mijatj@ac.me.

Jadranka Kaluđerović, Ph.D., Assistant Professor, University of Donja Gorica, Donja Gorica

University of Donja Gorica, Donja Gorica, 81000 Podgorica, Montenegro, email: jkaludjerovic@t-com.me.

Cover for Fiscal Decentralisation and Local Government Financing in Serbia and Montenegro
Published
September 20, 2016

Details about this monograph

978-961-6842-69-3
10.4335/978-961-6842-69-3
2