Innovative Fiscal Policy and Economic Development in Transition Economies (Routledge Studies in the Modern World Economy)

✍ Scribed by Aleksandr V. Gevorkyan

• Publisher: Routledge
• Year: 2011
• Tongue: English
• Leaves: 283
• Series: Routledge Studies in the Modern World Economy
• Edition: 1
• Category: Library

✦ Synopsis

This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe, Caucasus, and Central Asia. Evaluating the transformational experience in these countries, this work meets a need for a critical analysis in the aftermath of the 1990s market liberalization reforms, of current trends and to outline the roadmap for future development.

✦ Table of Contents

Title......Page 8
Copyright......Page 9
Contents......Page 10
Figures......Page 13
Tables......Page 16
Foreword......Page 18
Preface......Page 20
1 Economics of transition in the new century: Lessons learned and a future outlook......Page 22
2 Fiscal policy in the newly opened economies: Are there twin deficits?......Page 50
3 Fiscal policy sustainability in transition: Is it there?......Page 90
4 Innovative fiscal policy: The how, when, and why of borrowing from the Diaspora......Page 115
5 Innovative fiscal policy: Tackling labor migration problems......Page 139
6 J-curve: Facing exchange rate and current account fluctuation risks in the open economies of the CIS......Page 161
7 A model of fiscal policy, currency crisis, and foreign exchange reserves dynamics......Page 202
8 Fiscal policy lessons for the CIS beyond the economic crisis of 2008–2009......Page 233
Final remarks......Page 254
Notes......Page 259
Bibliography......Page 265
Index......Page 277