The volatility of general government tax revenues has increased in Poland in recent years. The correlation between GDP growth and revenue growth appears to be lower in Poland than in many other EU Member States, which suggests that the instability of its revenues has a different. This Country...

The literature on fiscal institutions has established a connection between the design of fiscal institutions and a countryu0092s political fundamentals. The paper includes a review of the party and electoral systems in the Central and Eastern European countries (the CEECs) and then reaches...

Following accession to the European Union the big issue for the Czech Republic is to strengthen growth prospects. Growth potential at present is somewhat above 3%, implying a moderate pace of catch-up to living standards in the EU and elsewhere. There is room for greater ambition in growth...

Following accession to the European Union the big issue for the Czech Republic is to strengthen growth prospects. Growth potential at present is somewhat above 3%, implying a moderate pace of catch-up to living standards in the EU and elsewhere. There is room for greater ambition in growth...

Back in the 1960s the EU accepted the idea of Turkish membership in a fit of absent-mindedness, not as part of a coherent strategy. EU leaders and their voters are mostly unenthusiastic about the idea of Turkey joining the EU, and many prominent politicians openly oppose it. Yet the EU has made...

The economic gap between the EU and three candidate countries - Bulgaria, Romania and Turkey - is significant. Living standards, as measured by GDP per capita at PPP, are less than one third of the level prevailing in the former EU-15 u0096 and about half of the average level in the new member...

The enlarged European Union will be surrounded, from Russia to Morocco, with states economically dependent on access to its markets, concerned about cross-border travel and trade, and anxious for their voices to be heard in EU negotiations. Since 1989, West European governments have successfully...