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Sustainability of Serbia’s public debt: Theoretical framework and analysis using the European Commission’s DSA framework

The subject of the paper is the analysis of the sustainability of Serbia’s public debt in the period 2025–2035, using the DSA framework developed by the European Commission based on deterministic and stochastic public debt projections. Traditional deterministic projections rely on the creation of different scenarios based on macroeconomic projections and assumptions. An integral part of the European Commission’s DSA framework are stochastic projections of public debt, as a tool for graphically depicting the impact of uncertainty in macroeconomic conditions on public debt dynamics. […]