Produced by the Policy Research Dissemination Center (2007)
Hana Polackova, Luca Barbone, Luca Barbone, Hana Polackoval
de pressur. in
to Transition Economies (2007)
rnontradables sector or a and the Macroeconomic transition economy affects the exchange rate, relative prices,:wges, and, indirectly, the. movement of factors of A Model with Policy Application...
Public finances and economic transition
Barbone, Luca, Polackova, Hana
The authors analyze developments in general government spending and revenues for 26 former social economies for 1989-94. The data show that, rather than uniformly converting to a"Western...
The author analyzes the macroeconomic effects of inflation in the nontradables sector of a small open economy to suggest how different macroeconomic policies would facilitate structural adjustment...
Population aging and financing of government liabilities in New Zealand
In New Zealand in the next 50 years, an aging population is expected to elevate government liabilities and weaken the government's fiscal position. To maintain fiscal balance, the government must...
Contingent government liabilities : a hidden risk for fiscal stability
This paper points out that Governments are facing increasing fiscal risks and uncertainties. Two of the reasons for this situation are: first, the international integration of financial markets,...
Retirement Age Considerations for Central Europe.
The paper analyzes the arguments for and possible consequences of an increase in the statutory retirement age in central Europe, including the Czech Republic, Hungary, Poland and Slovakia. The...