Public Expenditure Policies In Southeast Europe

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Public Expenditure Policies In Southeast Europe by Izvorski Ivailo V.; Kahkonen Satu, World Bank
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Izvorski Ivailo V.; Kahkonen Satu ISBN: 9780821374504
Publisher: World Bank Publication: February 22, 2008
Imprint: Language: English
Author: Izvorski Ivailo V.; Kahkonen Satu
ISBN: 9780821374504
Publisher: World Bank
Publication: February 22, 2008
Imprint:
Language: English
Public Expenditure Policies in Southeast Europe is part of the World Bank Working Papers series. These papers are published to communicate the results of the Bank's ongoing research and to stimulate public discussion. The countries of Southeast Europe have undergone a significant transition over the past decade. Helped by macroeconomic stabilization and efforts in advancing structural reforms, real GDP growth has picked up this century. Fiscal adjustment has been an integral part of the transition. Expenditure cuts have helped trim spending relative to GDP in most countries in the region and cut fiscal deficits everywhere except in Serbia. Progress in fiscal consolidation has been substantial, but in several of the countries the government??s presence in the economy remains oversized. Costs related to advancing EU integration and completing reforms are expected to generate further pressures for public spending. Creating the fiscal space for addressing such pressures would require a further reduction in existing spending, given that there is still scope (or wisdom, for that matter) for increasing tax rates. The report identifies key remaining challenges and proposes a menu of options in further reforms in sectors that account for the largest shares of public spending, and where reforms are likely to have significant budgetary implications. The sectors discussed in the report are social protection, health, education, public administration, and infrastructure.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Public Expenditure Policies in Southeast Europe is part of the World Bank Working Papers series. These papers are published to communicate the results of the Bank's ongoing research and to stimulate public discussion. The countries of Southeast Europe have undergone a significant transition over the past decade. Helped by macroeconomic stabilization and efforts in advancing structural reforms, real GDP growth has picked up this century. Fiscal adjustment has been an integral part of the transition. Expenditure cuts have helped trim spending relative to GDP in most countries in the region and cut fiscal deficits everywhere except in Serbia. Progress in fiscal consolidation has been substantial, but in several of the countries the government??s presence in the economy remains oversized. Costs related to advancing EU integration and completing reforms are expected to generate further pressures for public spending. Creating the fiscal space for addressing such pressures would require a further reduction in existing spending, given that there is still scope (or wisdom, for that matter) for increasing tax rates. The report identifies key remaining challenges and proposes a menu of options in further reforms in sectors that account for the largest shares of public spending, and where reforms are likely to have significant budgetary implications. The sectors discussed in the report are social protection, health, education, public administration, and infrastructure.

More books from World Bank

Cover of the book World Development Indicators 2016 by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Eurasian Cities: New Realities along the Silk Road by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book World Development Indicators 2013 by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Benchmarking Public Procurement 2016 by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Planning, Connecting, and Financing Cities — Now by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book The Crisis Hits Home: Stress Testing Households In Europe And Central Asia by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Sustainable Low-Carbon City Development in China by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Gender In Bolivian Production: Reducing Differences In Formality And Productivity Of Firms by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book A Unified Approach to Measuring Poverty and Inequality by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Residential Electricity Subsidies In Mexico: Exploring Options For Reform And For Enhancing The Impact On The Poor by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Africa's Demographic Transition by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Disease Control Priorities, Third Edition (Volume 1) by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Nonfinancial Defined Contribution Pension Schemes in a Changing Pension World by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book Reforming Agricultural Trade For Developing Countries (Vol. 1): Key Issues For A ProDevelopment Outcome Of The Doha Round by Izvorski Ivailo V.; Kahkonen Satu
Cover of the book How Governments Can Engage the Private Sector to Improve Health in Africa: Healthy Partnerships by Izvorski Ivailo V.; Kahkonen Satu
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy