Public Finances and Economic Transition

38 Pages Posted: 15 Sep 2009

See all articles by Luca Barbone

Luca Barbone

CASE - Center for Economic and Social Research; Institute for the Study of International Migration

Hana Polackova

World Bank

Date Written: March 1, 1996

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

Suggested Citation

Barbone, Luca and Polackova, Hana, Public Finances and Economic Transition (March 1, 1996). CASE Network Studies and Analyses No. 68, Available at SSRN: https://ssrn.com/abstract=1473040 or http://dx.doi.org/10.2139/ssrn.1473040

Luca Barbone (Contact Author)

CASE - Center for Economic and Social Research ( email )

Al. Jana Pawła II 61/212
Warsaw, 01-031
Poland

Institute for the Study of International Migration ( email )

Whitehaven Street
Washington, DC
United States

Hana Polackova

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
36
Abstract Views
492
PlumX Metrics