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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Detalhes bibliográficos
Autor principal: Rahman, Jesmin
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2010.
Colecção:IMF Working Papers; Working Paper ; No. 2010/097
Acesso em linha:Full text available on IMF