4 edition of Fiscal adjustment in transition countries found in the catalog.
Published 2003 by Administrator in International Monetary Fund, Fiscal Affairs Department
Cover title.February 2003--P. .Includes bibliographical references (p. 21).Also available on the World Wide Web.
|Statement||International Monetary Fund, Fiscal Affairs Department|
|Publishers||International Monetary Fund, Fiscal Affairs Department|
|The Physical Object|
|Pagination||xvi, 139 p. :|
|Number of Pages||98|
|2||IMF working paper -- WP/03/36|
nodata File Size: 5MB.
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ISBN 10 : OCLC:464490885 Large changes in fiscal policy taxes versus spending Book Description : We examine the evidence on episodes of large stances in fiscal policy, both in cases of fiscal stimuli and in that of fiscal adjustments in OECD countries from 1970 to 2007. [ ] The term "transition period" is also used to describe the process of transition from capitalism to the first stage of socialism, preceding the establishment of fully developed socialism aka communism.
Unless entrepreneurs enjoyed secure property rights and farmers owned their farms the process of Schumpeterian "" would limit the reallocation of resources and prevent profitable enterprises from expanding to absorb the workers displaced from the liquidation of non-viable enterprises. A more recent overview is provided in Transition Economies: Political Economy in Russia, Eastern Europe, and Central Asia by Martin Myant and Jan Drahokoupil.
Macroeconomic stabilization — bringing inflation under control and lowering it over time, after the initial burst of high inflation that follows from liberalization and the release of pent-up demand.
OVERVIEW OF FISCAL DECENTRALISATION Initial conditions To set the stage for the discussion that follows, some of the essential characteristics of the fiscal adjustment that occurred during the early years of transition is presented.
They adopt a Fiscal adjustment in transition countries approach that focuses on different structural elements that together make up a system of intergovernmental fiscal relations the legal and institutional framework, expenditure and revenue assignments, transfers and subnational borrowing.
The relationships between these two transition modes are micro and macro, partial and whole.World Bank, Washington 2008p. Executive Council Albania Executive Representatives of central government in 12 regions replacing districts as administrative units by law in 2000.
Restructuring and — creating a viable financial sector and reforming the enterprises in these economies to render them capable of producing goods that could be sold in free markets and transferring their ownership into private hands.
6 Bulgaria 2000 d,e C 4. 0 Moldova 2000 C 42. On parameter heterogeneity, as have pointed out, the ability to exploit the information contained in panel Fiscal adjustment in transition countries depends critically on the plausibility of pooling.
3 Level Other b Total Azerbaijan 1998 C 35. the wide dispersion in the productivity of labour and capital across types of enterprises at the onset of transition and the erosion of those differences between old and new sectors during the reform provide a natural definition of the end of transition. In cases of weak local influence on local officials decentralisation could simply lead to a transfer of power from national to local elites. In 2000, the listed the following countries with transition economies:• District councils consist of lower levels chairs of municipal councils.