Fiscal Indulgence in Central Europe : Loss of the External Anchor

Loss of the External Anchor

Fiscal Indulgence in Central Europe : Loss of the External Anchor
In recent years, fiscal performance in Central Europe has steadily deteriorated, in contrast to the improvement in the Baltics. This paper explores the determinants of such differences among countries slated for EU accession. Regression estimates suggest that economic and institutional fundamentals do not provide a full explanation. An... READ MORE...

Publication date: April 2004
ISBN 9781451848311
$15.00

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