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The State of Public Finances in Post-socialist, Central European Economies: a Comparison with the European Union Countries

Urszula Kosterna

No 76, CASE Network Studies and Analyses from CASE-Center for Social and Economic Research

Abstract: On December 16, 1991 Poland signed an Association Agreement with the European Communities which came into force on February 1, 1994. The remaining countries of the Wyshegrad Group (Hungary, and the Czech and Slovak Republics) also signed such agreements with the European Union. It is interesting, both from the perspective of these countries' potential membership in the European Union, as well as the necessity of creating fiscal systems complying with market economy requirements, to compare the budgetary position of these countries with the state of public finances in the Community's countries.

Keywords: European Community; Visigrad Group; European Union Membership; fiscal system; economic transition (search for similar items in EconPapers)
Pages: 33 Pages
Date: 1996
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