IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpep/v1999y1999i1id37.html
   My bibliography  Save this article

Fiscal issues in post-communist economies: a pragmatic and aggressive fiscal rule

Author

Listed:
  • Bruno Sergio Sergi

Abstract

This paper illustrates why a tough fiscal policy in East Europe may be rethought. Western economic policy theories may be fashionable but sometimes fail when applied to transition economies. It is advanced a new proposal for guiding fiscal policy where top priority is given to the ratio government debt/GDP and not to implement a tough deficit policy. Selected transition economies have low debt, then a more pragmatic economic strategy combined with a feasible and wise budget rule on fiscal policy may build up a scenario of economic recovery and sustainable membership in a perspective enlarged European Union.

Suggested Citation

  • Bruno Sergio Sergi, 1999. "Fiscal issues in post-communist economies: a pragmatic and aggressive fiscal rule," Prague Economic Papers, Prague University of Economics and Business, vol. 1999(1).
    • Handle: RePEc:prg:jnlpep:v:1999:y:1999:i:1:id:37
    DOI: 10.18267/j.pep.37
    as

    Download full text from publisher

    File URL: http://pep.vse.cz/doi/10.18267/j.pep.37.html
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.pep.37?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    fiscal policy; economies in transition;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpep:v:1999:y:1999:i:1:id:37. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.