The new political macroeconomics in modern macroeconomics and its appliance to transition processes in Serbia

Abstract

This study deals with important issues related to the new political macroeconomics and its appliance to the economic movements in Serbia, which is a country of “new democracy” as well as with transition economy. In political macroeconomics, it is a known fact that the economic policy instruments can be used for political purposes - simulated improvement of economic indicators to win the elections. These options assume specific features in transition economies, such as the Serbian economy. The political instability in Serbia, reflected in frequent elections, as well as in the diversity in political and economic goals of the key political parties leading to increasing political uncertainty in both the pre-election and post-election periods, weakened the economic system. Simultaneously, using the economic policy for political purposes to support the “pro-democratic” and “pro-European” parties proved to be paradoxically justified

The relation between macroeconomic ambient and qualified healthcare workers: The case of the Republic of Serbia

“…The new approach to macroeconomic ambient, and it especially refers to macroeconomic fluctuations as well as political impact to macroeconomic performances, concerns the policymakers and their decisions, which sometimes create recessions rather than fixing them (Jakšić & Praščević, 2011). Healthcare plays an important role in economic development because it may help to ensure a healthy and productive labour force for the economy (Gupta, 2002).…”