Absorption Boom and Fiscal Stance : What Lies Ahead in Eastern Europe? /
This paper estimates revenue and expenditure pro-cyclicality with respect to output and domestic absorption in new member states of the European Union and Croatia to assess whether these countries used the boom years of 2003-07 to create sufficient fiscal space. The current crisis has found many cou...
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2010.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2010/097 |
Online Zugang: | Full text available on IMF |