Fiscal Policy and Economic Growth : Lessons for Eastern Europe and Central Asia

This study explores public finance policies in the transition countries of Europe and Central Asia (ECA) and their likely effects on economic growth. The analysis is organized in three parts. Part one reviews public finance systems across the ECA r...

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Main Authors: Gray, Cheryl, Lane, Tracey, Varoudakis, Aristomene
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/06/9850352/fiscal-policy-economic-growth-lessons-eastern-europe-central-asia
http://hdl.handle.net/10986/6883
id okr-10986-6883
recordtype oai_dc
spelling okr-10986-68832021-04-23T14:02:27Z Fiscal Policy and Economic Growth : Lessons for Eastern Europe and Central Asia Gray, Cheryl Lane, Tracey Varoudakis, Aristomene BUDGET ECONOMIC GROWTH EDUCATION HEALTH INFRASTRUCTURE LABOR PENSIONS PUBLIC EXPENDITURE POLICY PUBLIC FINANCE SYSTEMS TAX REFORMS TRANSITION COUNTRIES This study explores public finance policies in the transition countries of Europe and Central Asia (ECA) and their likely effects on economic growth. The analysis is organized in three parts. Part one reviews public finance systems across the ECA region with regard to overall size, structure of expenditures and revenues, and patterns of fiscal adjustment over time. It compares these patterns and trends in ECA countries against those in fast-growing economies in other regions, and it explores possible relationships between these public finance variables and rates of economic growth. Part two undertakes detailed analysis of public expenditures policies in four major areas: infrastructure, education, health, and pensions. Part three turns to the revenue side of the budget and looks in detail at two issues of particular importance in current policy debates: the impact of flat income tax reforms and the level and structure of taxes on labor. 2012-06-01T17:46:30Z 2012-06-01T17:46:30Z 2007 http://documents.worldbank.org/curated/en/2007/06/9850352/fiscal-policy-economic-growth-lessons-eastern-europe-central-asia 978-0-8213-7181-7 http://hdl.handle.net/10986/6883 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Europe and Central Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic BUDGET
ECONOMIC GROWTH
EDUCATION
HEALTH
INFRASTRUCTURE
LABOR
PENSIONS
PUBLIC EXPENDITURE POLICY
PUBLIC FINANCE SYSTEMS
TAX REFORMS
TRANSITION COUNTRIES
spellingShingle BUDGET
ECONOMIC GROWTH
EDUCATION
HEALTH
INFRASTRUCTURE
LABOR
PENSIONS
PUBLIC EXPENDITURE POLICY
PUBLIC FINANCE SYSTEMS
TAX REFORMS
TRANSITION COUNTRIES
Gray, Cheryl
Lane, Tracey
Varoudakis, Aristomene
Fiscal Policy and Economic Growth : Lessons for Eastern Europe and Central Asia
geographic_facet Europe and Central Asia
description This study explores public finance policies in the transition countries of Europe and Central Asia (ECA) and their likely effects on economic growth. The analysis is organized in three parts. Part one reviews public finance systems across the ECA region with regard to overall size, structure of expenditures and revenues, and patterns of fiscal adjustment over time. It compares these patterns and trends in ECA countries against those in fast-growing economies in other regions, and it explores possible relationships between these public finance variables and rates of economic growth. Part two undertakes detailed analysis of public expenditures policies in four major areas: infrastructure, education, health, and pensions. Part three turns to the revenue side of the budget and looks in detail at two issues of particular importance in current policy debates: the impact of flat income tax reforms and the level and structure of taxes on labor.
format Publications & Research :: Publication
author Gray, Cheryl
Lane, Tracey
Varoudakis, Aristomene
author_facet Gray, Cheryl
Lane, Tracey
Varoudakis, Aristomene
author_sort Gray, Cheryl
title Fiscal Policy and Economic Growth : Lessons for Eastern Europe and Central Asia
title_short Fiscal Policy and Economic Growth : Lessons for Eastern Europe and Central Asia
title_full Fiscal Policy and Economic Growth : Lessons for Eastern Europe and Central Asia
title_fullStr Fiscal Policy and Economic Growth : Lessons for Eastern Europe and Central Asia
title_full_unstemmed Fiscal Policy and Economic Growth : Lessons for Eastern Europe and Central Asia
title_sort fiscal policy and economic growth : lessons for eastern europe and central asia
publisher Washington, DC: World Bank
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/06/9850352/fiscal-policy-economic-growth-lessons-eastern-europe-central-asia
http://hdl.handle.net/10986/6883
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