Analysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the Western Balkan countries

Public expenditure represents the cost that each state has to finance state functions and social needs. A significant place in public expenditures is occupied by expenditures for employees, which are included in current budget expenditures. Expenditures for employees in the state budget include all...

Full description

Saved in:
Bibliographic Details
Main Authors: Janković Gordan, Golubović Miloš
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2024-01-01
Series:Trendovi u Poslovanju
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401048J.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1823859939047636992
author Janković Gordan
Golubović Miloš
author_facet Janković Gordan
Golubović Miloš
author_sort Janković Gordan
collection DOAJ
description Public expenditure represents the cost that each state has to finance state functions and social needs. A significant place in public expenditures is occupied by expenditures for employees, which are included in current budget expenditures. Expenditures for employees in the state budget include all expenses related to salaries and benefits paid to employees in state institutions. The main function of these expenditures is to finance the salaries of employees in the public sector and create social peace. However, by performing this function, expenditures for employees also have the role of reducing inequality among different activities, economic areas, branches, and even among regions. For this reason, this paper examines the influence on the reduction of regional inequalities in Serbia and neighboring countries. It is important to note that expenditures for employees in the state budget differ from state to state and can vary significantly depending on employment policies, salary standards, and other factors. Also, these expenditures may be subject to changes in accordance with budgetary constraints and the economic situation of the state. Southeastern European countries can achieve quality results in the process of improving business processes, but they need a common platform through which the domino effect of successful economic reforms would be realized.
format Article
id doaj-art-c51ecaab9a0041f0a61eeb91d0b590de
institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2024-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-c51ecaab9a0041f0a61eeb91d0b590de2025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562024-01-01121485510.5937/trendpos2401048J2334-816X2401048JAnalysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the Western Balkan countriesJanković Gordan0https://orcid.org/0000-0003-3172-6990Golubović Miloš1https://orcid.org/0000-0001-7783-719XUniverzitet u Nišu, Inovacioni centar, Niš, SerbiaUniverzitet u Nišu, Inovacioni centar, Niš, SerbiaPublic expenditure represents the cost that each state has to finance state functions and social needs. A significant place in public expenditures is occupied by expenditures for employees, which are included in current budget expenditures. Expenditures for employees in the state budget include all expenses related to salaries and benefits paid to employees in state institutions. The main function of these expenditures is to finance the salaries of employees in the public sector and create social peace. However, by performing this function, expenditures for employees also have the role of reducing inequality among different activities, economic areas, branches, and even among regions. For this reason, this paper examines the influence on the reduction of regional inequalities in Serbia and neighboring countries. It is important to note that expenditures for employees in the state budget differ from state to state and can vary significantly depending on employment policies, salary standards, and other factors. Also, these expenditures may be subject to changes in accordance with budgetary constraints and the economic situation of the state. Southeastern European countries can achieve quality results in the process of improving business processes, but they need a common platform through which the domino effect of successful economic reforms would be realized.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401048J.pdfexpenses for employeesconsumer price indexaverage gross wagesstandard of living
spellingShingle Janković Gordan
Golubović Miloš
Analysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the Western Balkan countries
Trendovi u Poslovanju
expenses for employees
consumer price index
average gross wages
standard of living
title Analysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the Western Balkan countries
title_full Analysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the Western Balkan countries
title_fullStr Analysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the Western Balkan countries
title_full_unstemmed Analysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the Western Balkan countries
title_short Analysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the Western Balkan countries
title_sort analysis of the effects of expenditure for employees as an essential component of public expenditure on the reduction of regional inequalities in the western balkan countries
topic expenses for employees
consumer price index
average gross wages
standard of living
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401048J.pdf
work_keys_str_mv AT jankovicgordan analysisoftheeffectsofexpenditureforemployeesasanessentialcomponentofpublicexpenditureonthereductionofregionalinequalitiesinthewesternbalkancountries
AT golubovicmilos analysisoftheeffectsofexpenditureforemployeesasanessentialcomponentofpublicexpenditureonthereductionofregionalinequalitiesinthewesternbalkancountries