Not only transition countries but also a large number of developing (and developed) countries have established free economic zones (FEZs) with the aim of attracting for-eign capital by providing tax incentives, creating employment opportunities and pro-moting exports as well as regional...

This article analyses Romanian fiscal policy during the 1990s with the main emphasis on the aspect of sustainability of the budget situation. First, the study presents the general development of Romania's economy during the transition period as background for the subsequent policy analysis....

Apart from the countries in transition, a large number of developing (and also developed) countries have also established free economic and trade areas(FETA) with the aim of attracting foreign capital by providing tax incentives, creating employment opportunities and promoting exports and...

This study compares incentive effects of various tax depreciation methods currently adopted in European transition economies. In these countries, straight-line, geometric-degressive, and accelerated depreciation measures are quite popular, in combination with different corporate tax rates. Their...