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The Baltic Countries
			: Medium-Term Fiscal Issues Related to EU and NATO Accession

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...

II The Current Fiscal Position

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...

I Overview

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...

III Medium-Term Fiscal Policy: Theory and Evidence

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...

V Medium-Term Fiscal Frameworks

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...

IV The Experience of Earlier Accession Countries

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

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

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...

Current Account Developments in New Member States of the European Union

Current Account Developments in New Member States of the European Union »

Source: Current Account Developments in New Member States of the European Union : Equilibrium, Excess, and EU-Phoria

Volume/Issue: 2008/92

Series: IMF Working Papers

Author(s): Jesmin Rahman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2008

ISBN: 9781451869538

Keywords: Current account norm, macroeconomic balance approach, fdi, investment climate, transition economies, exchange rate regime

This paper analyzes current account (CA) developments in the following 10 new EU members states: Czech Republic, Bulgaria, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. During the las...

Bulgaria

Bulgaria »

Source: Bulgaria : Selected Issues

Volume/Issue: 2007/390

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2007

ISBN: 9781451804584

Keywords: investment, capital goods, fdi, domestic investment, investments

This Selected Issues paper on Bulgaria investigates possible driving forces behind the investment boom based on cross-country evidence. The diagnosis of the drivers behind the investment boom is important as it is...