Liberalization and Public Finance

Tomasz Mickiewicz

Chapter 7 in Economic Transition in Central Europe and the Commonwealth of Independent States, 2005, pp 119-142 from Palgrave Macmillan

Abstract: Abstract While both liberalization and stabilization were relatively easy to implement (provided the commitment of policy-makers was present), the same cannot be said about fiscal reform. Yet, in the longer run, stabilization is not sustainable without fiscal transformation. And with recurring fiscal destabilization, the positive impact of liberalization is also dampened.

Keywords: Economic Transition; Government Revenue; Government Balance; Fiscal Balance; Fiscal Reform (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-0-230-50434-9_7

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DOI: 10.1057/9780230504349_7

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