Until the early 1990s, the discussions on fiscal policy primarily centered on the functions of economic stabilization …

in the context of Russia after the August 1998 crisis. The most discussed measures include the budget deficit, structural … on changing steady states somewhat ignoring the transition path, while the Russian government is preoccupied with …

The note reviews Russia's early anti-crisis fiscal policy package and considers how it can be adjusted to provide …

This paper examines the effect of global transition to simpler, flatter income tax systems on the size of the shadow …

The aim is to review transition literature for evidence that supports sequential reform strategy, as presented in this … report. The second part discusses the findings in the context of Azerbaijan, a formerly socialist transition economy with … designed to expedite the transition process. The literature survey supports the Washington Consensus recommendations for …

financial market liberalization, capital account opening should also proceed in stages, because it must be accompanied by … accelerated by faster privatization of state enterprises, and the reduction in legal discrimination against private sector …