The subject of this paper is an analysis of advantages and disadvantages of international investments - foreign direct investment (FDI) with a brief overview of the Republic of Serbia and its level and structure of FDI. Foreign direct investment is an important factor in development, especially in developing countries and countries in transition. Countries in transition, which includes Serbia and all Western Balkan countries feel a lack of capital, so it is important for them to fill the gap with foreign direct investment. For countries with current account deficits, FDI is used to increase exports and alleviate current account deficit problems. Based on experience and theoretical consideration, the paper points out the necessity of changes in our business environment, in order for Serbia to use foreign direct investments (with all its negative characteristics) which can and must give a special contribution and impetus to its economic growth.

Praksa je u skoro svim zemljama sveta da se sredstva za finansiranje budžeta nalaze na finansijskom tržištu i to primenom kratkoročnih ili digoročnih hartija od vrednosti, akcija, obveznica i sl. Kako finansijska tržista i institucije nisu jedini način da se budžet finansira, u radu će biti predstavljena mogućnost njegovog finansiranja porezom tj. dvostrukim ekonomskim oporezivanjem kao i njegov značaj i procentualna zastupljenost u ukupnom budžetu. Ključne reči: budžet, dvostruko oporezivanje, porez na dobit pravnih lica, porez na dohodak fizičkih lica JEL: H29 Uvod Pojedine tvrdnje lica iz oblasti javnih finansija da je budžet najznačajnija i najvažnija finansijska institucija koja predstavlja osnovni, a u nekim slučajevima i jedini instrument prikupljanja javnih prihoda i finansiranja javnih rashoda u savremenim društvima, ide u prilog naše predpostavke da je finansiranje budžeta dvostrukim ekonomksim oporezivanjem moguće, ali da njegov procenat u ukupnim sredstvima budžeta nije prevelik.

The topicality of the topic, something that has been given importance in recent years and its presence in everyday communication has stimulated its analysis. The paper will present an analysis of the sustainability of budget principles and budget procedures, using data analysis methods, by presenting and describing in detail all budget principles (principle of budget unity, completeness, accuracy, budget balance, specialization, duration, clarity and publicity) as and the procedures (budgeting, budgeting, execution and control of the budget) that the budget goes through.

Privatization was one of the largest reform processes in the countries of Central and Southeastern Europe. In the economic literature, privatization in countries in transition is seen as an integral part of the process of liberalization and stabilization of the economy, which transfers property rights from the state to private entities. The main goal of privatization should be to increase the efficiency of business operations through better management, lower operating costs and increased competitiveness. The main problem that arose before the creators of the economic policy of countries in transition in the case of privatization was, among other things, how to transfer the ownership of the largest part of companies in an economy in which there is no private savings and not enough foreign direct investments into private hands. The paper presents the methods of company privatization, market reactions, the level of employment, and finally, the transition of this part of Europe was compared with the events characteristic of Serbia.

Abstrakt UvodBudžetski sistem Republike Srbije čine republički budžet, budžeti lokalne vlasti i finansijski planovi organizacija za obavezno socijalno osiguranje. Budžet lokalne vlasti podrazumeva: budžet autonomne pokrajine, budžet grada Beograda, budžeti gradova (25), budžeti opština (150). 4 Integritet budžetskog sistema obezbeđuje se zajedničkim pravnom osnovom, jedinstvenom budžetskom klasifikacijom, upotrebom jedinstvene budžetske dokumentacije za izradu nacrta budžeta, srednjeročnih i finansijskih planova, jedinstvenim sistemom budžetskog računovodstva, jedinstvenim kriterijumima za budžetsku kontrolu i reviziju, prenosom statističkih izveštaja i podataka sa jednog nivoa budžeta u drugi, i principima na kojima se zasniva budžetski postupak. 5Zakonom o budžetskom sistemu Republike Srbije određeni su budžetski ciljevi:• Ukupna fiskalna održivost i kontrola, koja podrazumeva sprovođenje politika bez značajnih izmena u konsolidovanom bilansu sektora države, uz sveobuhvatnu