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2 edition of Fiscal policy and the economic restructuring of economies in transition found in the catalog.

Fiscal policy and the economic restructuring of economies in transition

Vito Tanzi

Fiscal policy and the economic restructuring of economies in transition

by Vito Tanzi

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  • 18 Currently reading

Published by International Monetary Fund in Washington, D.C .
Written in English


Edition Notes

Includes bibliographical references.

Statementprepared by Vito Tanzi.
SeriesIMF working paper -- WP/93/22
ContributionsInternational Monetary Fund. Fiscal Affairs Dept.
The Physical Object
Paginationiii, 33 p. ;
Number of Pages33
ID Numbers
Open LibraryOL18064382M

November How 12 transition economies dealt with banking crises. Tang, Zoli, and Klytchnikova look at strategies for dealing with banking crises in 12 transition economies—five from Central and Eastern Europe (CEE): Bulgaria, the Czech Republic, Hungary, Macedonia, and Poland; the three Baltic states: Estonia, Latvia, and Lithuania; and four countries from the Commonwealth of Independent. There are several policy instruments that can be used to restruc-ture the economy, including fiscal policy, government regulation, eco-labeling, and tradable permits. But restructuring the tax sys-tem is the key to eliminating the crippling economic distortions. Tax policy is .

From to , communism foundered throughout the former Soviet bloc in Europe and Asia. From Prague to Vladivostok, twenty-eight countries in the former Soviet Union and Eastern Europe abandoned similar political and economic systems.1 The Collapse of the Socialist System At the end of communism, all these countries were experiencing great economic problems.   Ashok Desai once described Ahluwalia as a model bureaucrat, before Ahluwalia revealed himself in a page paper titled Restructuring India’s Industrial, Trade and Fiscal Policies in June

China in the World Economy: The Domestic Policy Challenges (Emerging Economies Transition) [Organization for Economic Cooperation and Development OECD] on *FREE* shipping on qualifying offers. China in the World Economy analyzes the domestic policy challenges facing China in the context of trade and investment : Donald J. Johnston. The structural and institutional reforms that comprise the second-phase policies include, among others, enterprise restructuring and competition policy, banking and financial sector reforms, labor market and fiscal reforms, and social security and pension reforms. .


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Fiscal policy and the economic restructuring of economies in transition by Vito Tanzi Download PDF EPUB FB2

Get this from a library. Fiscal policy and the economic restructuring of economies in transition. [Vito Tanzi; International Monetary Fund. Fiscal Affairs Department.] -- This paper discusses major fiscal issues faced by the previously centrally planned economies in their transition to market economies.

It focuses on three main topics: (a) the extent to which the. Get this from a library. Fiscal Policy and the Economic Restructuring of Economies in Transition. [Vito Tanzi] -- This paper discusses major fiscal issues faced by the previously centrally planned economies in their transition to market economies.

It focuses on three main topics: (a) the extent to which the. The collapse of central economic planning in many countries and the breakup of the Soviet Union have put into disarray systems of government revenues and expenditures in those countries.

This collection of 16 papers, edited by Vito Tanzi, analyzes the strengths and weaknesses of fiscal policies under the old system of central planning and suggests ways to revitalize those policies in the newly. The book is likely to provide the most comprehensive treatment of fiscal issues in economies in transition now available in print.

The book is made up of three parts. The first part, consisting of four chapters, deals with general effects of fiscal policy, including the financing of the deficit, the management of public debt, and the fiscal.

A transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy.

Transition economies undergo a set of structural transformations intended to develop market-based institutions. These include economic liberalization, where prices are set by market forces rather than by a central planning organization.

Restructuring transition enterprises has been slow. Many firms remain unprivatized and the new owners (of privatized firms) take inadequate measures. Various arguments often have been brought forth to explain this sluggish adjustment. This paper identifies a structural barrier at the governmental level: The government designs the privatization program which leads to by: 4.

This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe Author: Jukka Pirttilä. Innovative Fiscal Policy and Economic Development in Transition Economies (Routledge Studies in the Modern World Economy) [Gevorkyan, Aleksandr V.] on *FREE* shipping on qualifying offers.

Innovative Fiscal Policy and Economic Development in Transition Economies (Routledge Studies in the Modern World Economy)Format: Hardcover.

This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe, Caucasus, and Central Asia. Evaluating the transformational experience in these countries, this work meets.

Economic transition has significantly influenced the industrial restructuring process since it introduced new elements in China’s economic development (Breslin ).

Restructuring economies in distress: policy reform and the World Bank (English) Abstract. This book assesses the experience of countries with adjustment programs and the effectiveness of adjustment lending from the World Bank in supporting these by: Downloadable.

This paper makes an empirical examination of the relationship between fiscal balance and structural reforms using panel data from 25 transition economies The results indicate that price liberalisation has a positive impact on fiscal performance, while privatisation and restructuring, via unemployment, affect the fiscal balance findings are somewhat in contrast Cited by: Downloadable.

This paper argues that traditional explanations of the fiscal crisis in transition economies overlook the crucial interconnection between the reduction in subsidies expenditure and the decrease in profit tax revenues.

It thus contends that the impact on the fiscal budget of the crisis of state-owned enterprises profitability has been largely overestimated in the literature.

This chapter presents a comparative study of public finance issues in the Central and Eastern European (CEE) countries, the Baltic countries and Turkey. Section considers fiscal policy and economic restructuring. Section looks at tax reform and Section analyses expenditure : Hikmet Uluğbay, Osman Zaim.

The main problem: Loose eligibility criteria that allow too much pension money to go to early retirees. Despite a dramatic shift away from subsidies in the early years of transition, the countries of Central Europe still show signs of unsuccessful fiscal adjustment, insufficient.

For decades, every government has tried its brand of 'economic restructuring' or economic diversification and yet the economy remains tied to the life-support of oil, peasant agriculture and largely informal services sector.

Income inequality, poverty, and unemployment remain major defining features of. The first chapter of the fiscal policy section of the book is "Population Aging: Its Fiscal and Macroeconomic Implications" by Hamid Faruqee. Demographic changes—a rapidly aging and shrinking population—will be a prominent feature of the Japanese economic landscape in the coming years, and will have important implications for economic and.

2 Fiscal Policy During the Transition in Eastern Europe Roger H. Gordon Comment: Barry Bosworth 3 Pension Reform in a Transition Economy: Notes on Poland and Chile Peter Diamond Comments: Barry Bosworth and George Kopits 4 The Government Budget and the Economic Transformation of Poland Alain de Crombrugghe and David Lipton Comment: Michael P.

Restructuring economies in distress: policy reform and the World Bank (Inglês) Resumo. This book assesses the experience of countries with adjustment programs and the effectiveness of adjustment lending from the World Bank in supporting these programs.

It takes an inventory of the decade of experience with adjustment lending in fifty-one Cited by:   This paper develops a model of the process of reallocation of labor from the state sector to the private sector.

When growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a critical stage in the transition process, restructuring is accompanied by a decline in unemployment.

When growth is endogenously determined, and human Author: Kornelia Krajnyak, Bankim Chadha, Fabrizio Coricelli. Fiscal Reform in European Economies in Transition by Kopits George Most European economies in transition are engaged in public sector reform aimed mainly at replacing the previous fiscal system subordinated to the central plan with a system where fiscal instruments can make a distinct contribution to stabilization, equity, and efficiency.Introduction: Economics and Transition Erik Berglöf and Gérard Roland The transition from socialism to capitalism at the end of the twentieth century was one of the most significant events in the world economy since industrialization.

Fundamental institutional change affected about a quarter of the population of the Size: 59KB.The gradual introduction of market reforms in China since and their subsequent massive and rapid adoption in the former Soviet bloc triggered an intense debate on the factors and policies which promote a smooth transition to a market economy.

Particularly during its initial phase, such debate has focused on liberalization, privatization, and the macroeconomy of the countries of Central.