Public Finances and Economic Transition

Luca Barbone and Hana Polackova
Authors registered in the RePEc Author Service: Hana Polackova Brixi

No 68, CASE Network Studies and Analyses from CASE-Center for Social and Economic Research

Abstract: This paper analyzes developments in general government expenditures and revenues for 26 reforming ex-socialist economies (RESEs) over the period 1989-1994. The data indicate that, rather than uniformly converging to a “Western European” norm, RESEs have followed a variety of patterns, depending on how successful they have been in economic reform in general and in tackling the increase in the demand for social protection in particular. The paper conducts an empirical investigation of spending patterns and the sustainability of revenues required to maintain current government spending, and concludes that there are strong indications that the fiscal accounts will remain under pressure in a number of RESEs in the foreseeable future.

Keywords: economic transition; general government expenditures; public finance (search for similar items in EconPapers)
Pages: 38 Pages
Date: 1996
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:sec:cnstan:0068

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