Expenditure Policies Toward EU Accession

Expenditure Policies Toward EU Accession

The report discusses the set of public expenditure policies that might be conducive to rapid growth, and convergence among Central and Eastern European countries. It was left to others' complementary contributions, to discuss two other key dim...

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Bibliographic Details
Main Author:	Funck, Bernard
Format:	Publication
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	AGING AIR ASSETS BALANCE SHEETS BANK PRIVATIZATION BANK RESTRUCTURING BANKING INDUSTRY BANKING SECTOR BANKRUPTCY BUDGET CONSTRAINTS BUDGET FINANCING CENTRAL GOVERNMENT COAL COMMERCIAL BANKS CONSENSUS CONSOLIDATION CORRUPTION COURT RESTRUCTURING DEBT DECENTRALIZATION DEFICITS ECOLOGY ECONOMIC GROWTH ECONOMIES OF SCALE ENTERPRISE RESTRUCTURING ETHNIC MINORITIES EXCHANGE RATE EXPENDITURE EXPENDITURE REFORM EXTERNALITIES FINANCIAL DISCIPLINE FINANCIAL PERFORMANCE FINANCIAL POLICIES FINANCING SOURCES FISCAL FISCAL COSTS FISCAL POLICY FOREIGN BANKS GOVERNMENT SIZE HEALTH CARE HUMAN CAPITAL INCOME INNOVATION INSTITUTIONAL FRAMEWORK LABOR MARKET LABOR PRODUCTIVITY LABOR SHEDDING LEGISLATURE LIQUIDATION LOCAL GOVERNMENTS MANAGERS MINES MOTIVATION NATIONAL GOVERNMENTS NONPERFORMING LOANS PARENTS PENSIONS POLITICAL ECONOMY POTENTIAL INVESTORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC FINANCES PUBLIC INVESTMENT PUBLIC RESOURCES PUBLIC SPENDING PUBLIC UTILITIES QUALITY OF LIFE REDUCTION IN EMPLOYMENT REDUNDANCY REGULATORY FORBEARANCE REHABILITATION REORGANIZATION SCHOOLS SOCIAL INSURANCE SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECTORS SOCIAL SECURITY STATE BUDGET SUBSIDIARY SUSTAINABLE GROWTH TAX ARREARS TAXATION TRADEOFFS TRANSPORT USER CHARGES WAGES WASTE WORKERS PUBLIC EXPENDITURES PUBLIC POLICY EUROPEAN UNION MEMBERSHIP GROWTH POLICY REFORM POLICY ECONOMIC POLICY PUBLIC RESOURCES MANAGEMENT
Online Access:	http://documents.worldbank.org/curated/en/2003/01/2130194/expenditure-policies-toward-eu-accession http://hdl.handle.net/10986/15173

Description
Summary:	The report discusses the set of public expenditure policies that might be conducive to rapid growth, and convergence among Central and Eastern European countries. It was left to others' complementary contributions, to discuss two other key dimensions of expenditure reforms: the overall macroeconomic framework in which they take place, and to which they contribute, and, the institutional and political economy conditions under which successful reform strategies can be designed, find political support, and be implemented. In this report, the authors seek to take stock of the countries' own public expenditure policy objectives, and to distill the best practices and lessons learned in the design of expenditure reforms within those countries. And, the authors conclude that the general thrust of the expenditure strategies candidate countries have put forward, in their (European Union) pre-accession economic programs, appears both appropriate, and at least theoretically feasible. The report highlights ways in which key expenditure programs could be redirected to be more fully supportive of growth objectives, as well as the factors related to a country's political economy, and to the institutional framework of public resource management, which will undoubtedly play a determining role in framing what actual policy choices will eventually be made.

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