Fiscal policy making in the new EU post-communist countries

Ileana Tache (), Gheorghita Dinca and Melinda Keul
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Gheorghita Dinca: Universidad de Transilvania de Brasov (Rumania)
Melinda Keul: Universidad de Transilvania de Brasov (Rumania)

EKONOMIAZ. Revista vasca de Economía, 2008, vol. 69, issue 03, 80-107

Abstract: This article provides an overview of the main models of fiscal policy followed by the former communist countries, which today belong to the European Union. After a detailed analysis of the structure of revenues and expenses made by each of these states, the article reviews its compliance with the conditions required by the Stability and Growth Pact and the challenge faced by former members regarding the low tax income of new members.

Keywords: European fiscal policy; budget deficit; public debt; former communist countries (search for similar items in EconPapers)
JEL-codes: H2 H3 H62 O52 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ekz:ekonoz:2008307

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