Local government borrowing is one of the most important instruments of financing local public investments. Although theoretical findings and practical experiences provide a proof of its efficiency, there are reasons to be cautious. It is about the possibility of local public government fiscal...

The process of globalisation has led, among other things, to harmful tax competition. This paper considers the efforts within the EU in combating harmful tax competition (Code of Conduct on Business Taxation) and their effects when taking into account the EU regulations in relation to state...

This paper deals with distributional effects of price changes in the period from 2000 to 2007. Even though in this period we can observe relatively low inflation rates, the goal of the research is to determine whether there are possible negative effects of price changes on income inequality in...

The objective of this research is to analyze the relationship between government budget spending and the effect on the growth and structure of the GDP of Croatia during the past two decades. The starting working assumption (hypothesis) is that the volume of total budget expenditure (including...

The paper surveys models of local public borrowing across Europe. It begins by discussing some theoretical issues on local deficit financing. Positive and negative sides of local public borrowing are analysed. Legal framework for local borrowing in EU members and the relation between the...

The paper analysis family tax treatment using three indicators of family tax burden: (1) income tax, (2) income tax employee contributions and (3) income tax employee contributions – cash transfers. The comparison encompases various differences in tax burden for four family types. The data for...

The paper presents an overview of the current situation in personal income tax non-standard reliefs for the EU-15, most of the EU-12, Croatia and countries of the region, as well as a comparison of them for 2006-2011. A review of personal income tax relief issues in last twenty years is given,...

The purpose of this research is to recommend theoretical and program basis for the new economic policy for the purposes of overcoming the recession and enabling the recovery of production in the Croatian economy. Furthermore, the goal is to show that the results of this study provide the...