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Fiscal Policy In Transition Economies
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Book Synopsis Innovative Fiscal Policy and Economic Development in Transition Economies by : Aleksandr V Gevorkyan
Download or read book Innovative Fiscal Policy and Economic Development in Transition Economies written by Aleksandr V Gevorkyan and published by Routledge. This book was released on 2013-07-03 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe, Caucasus, and Central Asia. Evaluating the transformational experience in these countries, this work meets a need for a critical analysis in the aftermath of the 1990s market liberalization reforms, of current trends and to outline the roadmap for future development.
Book Synopsis Aspects of Fiscal Performance in Some Transition Economies Under Fund-Supported Programs by : Mr.Willem H. Buiter
Download or read book Aspects of Fiscal Performance in Some Transition Economies Under Fund-Supported Programs written by Mr.Willem H. Buiter and published by International Monetary Fund. This book was released on 1997-04-01 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key medium– and longer–term fiscal issues faced by transition economies are reviewed, including government solvency and the sustainability of the fiscal–financial–monetary program. The paper aims to assist the design and implementation of future Fund programs and to contribute to the debate about fiscal policy in transition economies. After presenting a framework for evaluating the sustainability of the fiscal–financial–monetary program of the state, some numerical material is presented on public debt, (quasi–) fiscal deficits and monetary financing. Eight budgetary issues of special relevance to transition economies are considered next. The lessons from this study are summarized in a number of propositions.
Book Synopsis Fiscal Policy in Transition Economies by : Josef C. Brada
Download or read book Fiscal Policy in Transition Economies written by Josef C. Brada and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this and several preceding issues of Post-Soviet Geography and Economics, we have published analyses of fiscal policy in Hungary (Kiss and Szapary, 2000), the Czech Republic (Drabek and Schneider, 2000), and Poland (Kemme and Rapacki, 2000). These analyses are based on papers presented at the Annual Meetings of the Association for Comparative Economic Studies in January 2000 and subsequently revised and updated for publication here. Such a systematic comparison of fiscal policy in these three transition economies is both timely and important for our understanding of the process of post-transition stabilization and of the longer-term disinflation that has been taking place in these economies during the 1990s. These processes will also have to continue if these three countries are to realize their goal of membership in the EU in the next five years. These surveys of fiscal policy reform also are motivated by the fact that, while a very large body of research has appeared on the monetary policy of the transition economies (see Davis and Patterson, 2001), much less attention has been paid to fiscal policy. This emphasis on monetary policy is perhaps mis-placed because, although monetary policy is important for both stabilization and exchange-rate policy, given the embryonic state of financial markets in these countries in the early tran-sition period, close coordination between fiscal and monetary policy was critical if money markets were not to be swamped by the central banks? need to finance government deficits. Moreover, just as the possibilities for an effective monetary policy depended on the creation of institutions that could support and mediate such policy, so did the introduction of an effective fiscal policy depend on the elimination of the socialist-era tax system, with its emphasis on the turnover and enterprise taxes, and on the creation of a modern system of taxation and of the agencies required to administer it. Indeed, Kiss and Szapary (2000, p. 233) are not off the mark when they argue that fiscal policy became the epicenter of the transformation process. In this paper, I will briefly summarize the lessons that these three valuable papers provide. I shall also attempt to draw some broader conclusions regarding the role of fiscal policy in the course of transition by comparing the experiences of the three countries.
Book Synopsis Fiscal Decentralization and Intergovernmental Relations in Transition Economies by : Richard Miller Bird
Download or read book Fiscal Decentralization and Intergovernmental Relations in Transition Economies written by Richard Miller Bird and published by World Bank Publications. This book was released on 1993 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing a well-functioning intergovernmenal fiscal system is essential to the success of all the transitional economies' major reform goals: privatization, macroeconomic stability, more efficient performance and economic growth, and an adequate social safety net.
Book Synopsis Fiscal Policy and the Economic Restructuring of Economies in Transition by : Mr.Vito Tanzi
Download or read book Fiscal Policy and the Economic Restructuring of Economies in Transition written by Mr.Vito Tanzi and published by International Monetary Fund. This book was released on 1993-03-01 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses major fiscal issues faced by the previously centrally planned economies in their transition to market economies. It focuses on three main topics: (a) the extent to which the budget deficit should be a guide to policy; (b) the reforms that must be carried out in tax legislation and tax administration; and (c) the required changes in public expenditure and in the setting up of institutions to manage public spending.
Book Synopsis Fiscal Adjustments in Transition Economies by : Barbara Fakin
Download or read book Fiscal Adjustments in Transition Economies written by Barbara Fakin and published by World Bank Publications. This book was released on 1997 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fiscal Policy and Structural Reforms in Transition Economies by : Jukka Pirttilä
Download or read book Fiscal Policy and Structural Reforms in Transition Economies written by Jukka Pirttilä and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Designing Financial Systems in Transition Economies by : Anna Meyendorff
Download or read book Designing Financial Systems in Transition Economies written by Anna Meyendorff and published by MIT Press. This book was released on 2002 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection examines the design of financial systems for central and eastern European countries engaged in the transition to market-based economies. It highlights the need for better approaches to measuring performance and providing incentives in banking and for financial mechanisms to encourage private-sector growth. Written by leading European and North American scholars, the essays apply modern finance theory and empirical data to the development of new financial sectors.
Book Synopsis Restructuring and Taxation in Transition Economies by :
Download or read book Restructuring and Taxation in Transition Economies written by and published by World Bank Publications. This book was released on with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis New Evidence on Fiscal Adjustment and Growth in Transition Economies by : Alejandro Simone
Download or read book New Evidence on Fiscal Adjustment and Growth in Transition Economies written by Alejandro Simone and published by International Monetary Fund. This book was released on 2006-10 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition economies during 1992-2001. Unlike most previous studies using cross-country regressions, the paper finds a positive and statistically significant relationship between fiscal adjustment and growth that is robust to different model specifications and estimation methods. The paper also presents country experiences to delve deeper into the mechanisms that may underlie this statistical relationship.
Book Synopsis Neo-Transitional Economics by : Yusaf H. Akbar
Download or read book Neo-Transitional Economics written by Yusaf H. Akbar and published by Emerald Group Publishing. This book was released on 2015-03-11 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neo-transitional economics is a policy-oriented collection of contemporary theoretical and empirical research studies on transition countries in the post-crisis paradigm. Topics covered range from monetary and financial economics to international trade and formation of a welfare state.
Book Synopsis Transition Economies by : Aleksandr V. Gevorkyan
Download or read book Transition Economies written by Aleksandr V. Gevorkyan and published by Routledge. This book was released on 2018-04-17 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.
Book Synopsis Fiscal Policy and Disinflation in Transition Economies by : Małgorzata Markiewicz
Download or read book Fiscal Policy and Disinflation in Transition Economies written by Małgorzata Markiewicz and published by . This book was released on 1999 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fiscal Policy and Structural Reforms in Transition Economies by : Jukka Pirttila
Download or read book Fiscal Policy and Structural Reforms in Transition Economies written by Jukka Pirttila and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an empirical examination of the relationship between fiscal balance and structural reforms using panel data from 25 transition economies. The results indicate that privatization and restructuring, via unemployment, affect the fiscal balance negatively. This finding provides support for ideas in theoretical transition economics that maintain that fiscal pressures are most severe in fast-reforming countries. In contrast, price liberalization has a robust positive impact on fiscal performance. In addition, the results differ somewhat over different countries and transition time.
Book Synopsis Transition to Market by : Mr.Vito Tanzi
Download or read book Transition to Market written by Mr.Vito Tanzi and published by International Monetary Fund. This book was released on 1993-06-15 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF has been a major participant in the challenge of transforming many African, Asian, and European countries from centrally planned to market economies. The authors of this book, mainly staff members of the IMF, have distilled their firsthand experience with fiscal reform in transition economies into 15 case studies of these countries. In doing so they analyze issues of privatization, fiscal federalism, social safety nets, and the net worth of the Soviet Union. The editor of the volume is Vito Tanzi, Director of the IMF's Fiscal Affairs Department.
Book Synopsis Fiscal Adjustment in Transition Countries by : MissCatriona Purfield
Download or read book Fiscal Adjustment in Transition Countries written by MissCatriona Purfield and published by International Monetary Fund. This book was released on 2003-02-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, transition countries underwent large adjustments to address fiscal imbalances. This paper examines whether the factors identified in the literature on advanced economies, the size and composition of adjustment, are important in transition economies. It finds that larger consolidations were more successful in addressing fiscal imbalances on a durable basis. Policies focusing on expenditure reductions were more successful than those relying on revenue increases. There is little evidence of expansionary fiscal contractions, but fiscal contractions did not have a significantly negative impact on growth either. Few fiscal stimuli succeeded in boosting growth.
Book Synopsis Fiscal Policy and Structural Reforms in Transition Economies by : Jukka Pirttila
Download or read book Fiscal Policy and Structural Reforms in Transition Economies written by Jukka Pirttila and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper makes an empirical examination of the relationship between fiscal balance and structural reforms using panel data from 25 transition economies. The results indicate that price liberalisation has a positive impact on fiscal performance, while privatisation and restructuring, via unemployment, affect the fiscal balance negatively. These findings are somewhat in contrast with earlier empirical work and theoretical transition economics that maintain fiscal pressures are most severe in fast-reforming countries. The analysis further suggests that countries with better fiscal positions may have benefited from favourable initial conditions.
