Kutan, Ali M.; Pautola-Mol, Niina - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2002
This paper evaluates the functioning, suitability, and effectiveness of the Maastricht convergence criteria regarding fiscal policy and the Stability and Growth Pact for the Baltic States. We argue that the Maastricht fiscal targets from the Baltic perspective should be considered as long-term...