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This paper examines the role of fiscal and monetary institutions in macroeconomic stability and budgetary control in CESEE (central, eastern and south eastern European) countries in comparison to other OECD countries. CESEE countries tend to grow faster (at least before the crisis) and have more...
Persistent link: https://www.econbiz.de/10008907726
In this paper, we track fiscal authority behaviour in the ten new EU member states (NSM) in the period which … immediately preceded their EU accession. We first present basic stylized facts about public budgets of those countries. The paper …
Persistent link: https://www.econbiz.de/10003301003
This paper describes the particular impacts of the financial and economic crisis on central and eastern European (CEE) countries, studies pro-cyclicality of fiscal policies, discusses the impact of the crisis on fiscal policy, and the policy response of various governments. After drawing some...
Persistent link: https://www.econbiz.de/10003874233
The European Union (EU) accepted ten new member states (NMS) in 2004. These countries, mostly former socialist … countries, have had to adjust their economic policies to the EU’s standards. Perhaps most difficult has proven to be fiscal … the time period that immediately preceded their EU accession. We analyse the structure and scale of these countries …
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