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The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession »
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 April 2002
DOI: http://dx.doi.org/10.5089/9781589061040.084
ISBN: 9781589061040
Keywords: fiscal policy, public debt, current account, expenditure, taxation
Ten years after regaining independence, the Baltic Countries--Estonia, Latvia, and Lithuania--are expected to be invited to join the European Union (EU) and NATO in 2004. This paper provides a macroeconomic perspec...
I Overview »
Source: The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 April 2002
ISBN: 9781589061040
Keywords: fiscal policy, public debt, current account, expenditure, taxation
Ten years after regaining independence, the three Baltic countries—Estonia, Latvia, and Lithuania—are on the verge of acceding to the European Union (EU) and the North Atlantic Treaty Organization (NATO). Ov...
II The Current Fiscal Position »
Source: The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 April 2002
ISBN: 9781589061040
Keywords: fiscal policy, public debt, current account, expenditure, taxation
Fiscal policy represents the main macroeconomic policy instrument at the disposal of the authorities in the Baltics. This is due to their decision to anchor their macroeconomic stabilization efforts with the...
III Medium-Term Fiscal Policy: Theory and Evidence »
Source: The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 April 2002
ISBN: 9781589061040
Keywords: fiscal policy, public debt, current account, expenditure, taxation
This section is intended to derive some guiding principles on the appropriate medium-term fiscal stance for the Baltics on the basis of theoretical and empirical evidence. It will look at: (1) the relationsh...
IV The Experience of Earlier Accession Countries »
Source: The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 April 2002
ISBN: 9781589061040
Keywords: fiscal policy, public debt, current account, expenditure, taxation
In their drive to join the EU, the Baltics face fiscal challenges similar to those of the countries that joined in the past three decades and had incomes below the EU average. Such countries were Greece, Ire...
Back Matter »
Source: The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 April 2002
ISBN: 9781589061040
Keywords: fiscal policy, public debt, current account, expenditure, taxation
Ten years after regaining independence, the Baltic Countries--Estonia, Latvia, and Lithuania--are expected to be invited to join the European Union (EU) and NATO in 2004. This paper provides a macroeconomic perspec...
Front Matter »
Source: The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 April 2002
ISBN: 9781589061040
Keywords: fiscal policy, public debt, current account, expenditure, taxation
Ten years after regaining independence, the Baltic Countries--Estonia, Latvia, and Lithuania--are expected to be invited to join the European Union (EU) and NATO in 2004. This paper provides a macroeconomic perspec...
V Medium-Term Fiscal Frameworks »
Source: The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 April 2002
ISBN: 9781589061040
Keywords: fiscal policy, public debt, current account, expenditure, taxation
The previous sections identified the need for the Baltic countries and other EU accession countries to pursue prudent fiscal policies. This will be crucial to maintaining high and sustainable growth in a low...