Fiscal Deficit and Public Debt in the Western Balkans

Fiscal Deficit and Public Debt in the Western Balkans PDF Author: Zsoka Koczan
Publisher: International Monetary Fund
ISBN: 1513537709
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
In this paper we analyze how Western Balkans public finances adapted to the boom-bust cycle. Large capital inflows into emerging European economies during the mid-2000s resulted in rapid economic growth and convergence to EU income levels. This also resulted in improved fiscal positions of most countries, on the back of strong revenue performance. Yet, since the onset of the global economic crisis, many countries have struggled to adjust to the new situation of lower external financing and lower growth.

Government at a Glance: Western Balkans

Government at a Glance: Western Balkans PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264701184
Category :
Languages : en
Pages : 150

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Book Description
Government at a Glance: Western Balkans presents information on public governance in the Western Balkan region – covering Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia, and compares it to OECD and OECD-EU countries.

Western Balkan Economies in Transition

Western Balkan Economies in Transition PDF Author: Reiner Osbild
Publisher: Springer
ISBN: 3319936654
Category : Business & Economics
Languages : en
Pages : 171

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Book Description
This book explores the economic and social development of the Western Balkan region, a group of six countries that are potential candidates for EU membership. It focuses on the key economic issues facing these countries, including the challenge of promoting economic growth, limiting public deficits and debt, and fostering international trade relations. Given the severe impact of the recent economic crisis on social welfare in the region, it also investigates the nature and extent of social exclusion, a factor likely to produce future political instabilities if not effectively addressed by a return to sustainable economic growth. The contributions explore these issues in light of the major influence of EU policy instruments and advice, which are currently guiding the economies along an accession trajectory to future EU membership.

Deficit and Debt in Transition

Deficit and Debt in Transition PDF Author: Istvan Benczes
Publisher: Central European University Press
ISBN: 963386058X
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
The adjustment problems of public finance in countries of Central and Eastern Europe (CEE) are often misunderstood and misinterpreted by western scholars. This book contributes to the bridging of the gap between what is being thought by external observers and what the actual public finance reality is, as described by competent local scholars. Popular political economy research has remained biased towards advanced countries and has neglected developing and transition economies. Publications on CEE countries? public finances seem to be reluctant to apply the conceptual framework of standard political economy to these countries because of the assumption that CEE economies are different from their Western peers. But is this really the case? Are CEE economies so much different that none of the well-known ?Western? political economy concepts or models can be applied to the analysis of fiscal performance in the region? Benczes demonstrates that they can be safely applied in the context of CEE economies as well. He sees no need to develop a separate or unique theory designed for the study and understanding of (one-time) transition economies. ÿ

Public Infrastructure in the Western Balkans

Public Infrastructure in the Western Balkans PDF Author: Mr.Ruben V Atoyan
Publisher: International Monetary Fund
ISBN: 1484337182
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
An assessment of public infrastructure development in the Western Balkans. The paper quantifies the large gaps across various sectors/dimensions, evaluates current infrastructure plans, and discusses funding options available to countries in the region. The paper also identifies important bottlenecks for increased infrastructure investment. Finally, the paper quantifies potential growth benefits from addressing infrastructure gaps, concluding that boosting the quantity and quality of infrastructure is vital for raising economic growth and accelerating income convergence with the EU. The paper concludes with country-specific policy recommendations.

Fiscal Deficit and Public Debt in the Western Balkans

Fiscal Deficit and Public Debt in the Western Balkans PDF Author: Zsoka Koczan
Publisher: International Monetary Fund
ISBN: 1513566393
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
In this paper we analyze how Western Balkans public finances adapted to the boom-bust cycle. Large capital inflows into emerging European economies during the mid-2000s resulted in rapid economic growth and convergence to EU income levels. This also resulted in improved fiscal positions of most countries, on the back of strong revenue performance. Yet, since the onset of the global economic crisis, many countries have struggled to adjust to the new situation of lower external financing and lower growth.

Economic and Financial Challenges for Balkan and Eastern European Countries

Economic and Financial Challenges for Balkan and Eastern European Countries PDF Author: Marietta Janowicz-Lomott
Publisher: Springer Nature
ISBN: 3030399273
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
This proceedings book presents selected papers from the 10th international conference on the "Economies of the Balkan and Eastern European Countries in the Changing World" (EBEEC), held in Warsaw, Poland, in May 2018. In addition to discussing the latest research, it includes papers adopting a wide variety of theoretical approaches and empirical methodologies and covering a number of key areas, such as international economics, economic growth, finance and banking, insurance, healthcare, agriculture, labor and energy markets, innovation, management and marketing. In addition, the authors discuss policy instruments and best practices for the region. This book appeals to scholars and students in fields of economics and finance as well as practitioners interested in the development of the region.

Globalization, Southeastern Europe, and the World Economy

Globalization, Southeastern Europe, and the World Economy PDF Author: Fikret Causevic
Publisher: Routledge
ISBN: 1317569369
Category : Business & Economics
Languages : en
Pages : 207

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Book Description
This book explores the key economic issues facing Southeastern Europe and Bosnia and Herzegovina, within the context of the serious challenges that the global economy has faced in recent years. The book combines rigorous analysis of the issues faced by the region with a constructive approach to identifying solutions for a positive future trajectory. The book starts by exploring the economic challenges facing the world economy both before and during the global economic crisis. The second part of the volume focuses on south-eastern Europe, and especially on the Western Balkans, assessing the best ways of achieving a positive economic future for small open economies in the region. The final part of the volume examines the economic challenges in Bosnia and Herzegovina. The final section examines the economic challenges in Bosnia and Herzegovina, arguing that it is most useful to view the country within the context of the regional and global economies. The book will be extremely useful for scholars working on European Economics, transition economics, and the global economy and the financial crisis.

OECD Development Pathways Multi-dimensional Review of the Western Balkans Assessing Opportunities and Constraints

OECD Development Pathways Multi-dimensional Review of the Western Balkans Assessing Opportunities and Constraints PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264861769
Category :
Languages : en
Pages : 654

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Book Description
The Western Balkans region has come a long way over the last two decades in achieving economic and social progress. With a population of 17.6 million, the region today boasts a combined gross domestic product (GDP) of close to EUR 100 billion, an average GDP per capita of about EUR 5 400 and a comprehensive process of integration with the European Union.

Public Policy Making in the Western Balkans

Public Policy Making in the Western Balkans PDF Author: Margo Thomas
Publisher: Springer
ISBN: 9401793468
Category : Political Science
Languages : en
Pages : 249

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Book Description
Developing and ‘transition’ economies face myriad challenges in their attempts to achieve and maintain political stability and foster the economic growth essential for national security, the social well-being of current citizens and sustainable environments for future generations. Governments in the Western Balkans have striven to achieve all of the above, and this volume assesses the nature of their experiences as well as the level of their success in doing so. Featuring detailed case studies of public policy reforms in the region as well as comparative analysis on a range of indicators, the book analyzes the role of key players in setting the political agenda as well as implementing policy reforms. It also distils the lessons that can be learned from the Western Balkan experience, recommending strategies for enhancing the policy making process. In addition, it examines the developmental role played by the full spectrum of policy actors, including the private sector, NGOs, special interest groupings, international financial institutions, donor nations and the EU. Each case study has been prepared by academics with deep knowledge and experience of the western Balkans and addresses a core set of questions: identifying the policy issue and its broader context, defining the roles of specific individuals in formulating policy and reform and assessing the influence of networks and coalitions in the policy making process. With so little detailed literature on public policy making in a group of nations strategically positioned between Europe, Russia and the near East, the detailed insights provided by this volume will be widely welcomed. Our book provides case studies of specific public policy reform episodes in selected Western Balkan post-conflict and transition countries. The focus of these case studies extends beyond the technical aspects and entails substantive examination of the policy actors, constituencies and politics that ultimately shape the policy that emerges from the policy making process. This analysis draws lessons for strengthening the quality of policies, the transparency, consistency, and governance of the policy making process and ultimately for contributing to economic and social development of the region.