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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...

IMF and the Baltics

IMF and the Baltics »

Source: IMF and the Baltics : A Decade of Cooperation

Volume/Issue: 2003/241

Series: IMF Working Papers

Author(s): Adalbert Knöbl , and Richard Haas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2003

ISBN: 9781451875829

Keywords: currency board, transition to market economy, inflation, monetary fund, central bank, fiscal policy, monetary policy,

The paper is an economic history of the IMF’s involvement in the Baltic states. It describes and analyzes the initial economic stabilization; the period of consolidation and recovery; the effects of the Russ...

IMF Completes Fourth Review Under Stand-By Arrangement with Latvia and Approves €121.3 Million Disbursement

IMF Completes Fourth Review Under Stand-By Arrangement with Latvia and Approves €121.3 Million Disbursement »

Source: Republic of Latvia : Fourth Review Under the Stand-By Arrangement and Financing Assurances Review, Request for Rephasing of Purchases Under the Arrangement and Request for Waiver of Nonobservance of a Performance Criterion

Volume/Issue: 2011/126

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 June 2011

ISBN: 9781455277568

Keywords: external debt, current account, public debt, fiscal balance, tax increases

Strong policy implementation under the Stand By-Arrangement (SBA) has contributed to Latvia's economic recovery and put attainment of Maastricht criteria for euro adoption within reach. The government has continue...

Republic of Estonia
			: Report on Observance of Standards and Codes-Fiscal Transparency Module

Republic of Estonia : Report on Observance of Standards and Codes-Fiscal Transparency Module »

Volume/Issue: 2001/99

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 July 2001

DOI: http://dx.doi.org/10.5089/9781451812473.002

ISBN: 9781451812473

Keywords: budget law, fiscal transparency, state budget, budget documents, accrual accounting

This Report on the Observance of Standards and Codes on Fiscal Transparency provides an assessment of fiscal transparency practices in Estonia. Being a leader among countries in transition, the country has achieved...

Republic of Estonia
			: Selected Issues and Statistical Appendix

Republic of Estonia : Selected Issues and Statistical Appendix »

Volume/Issue: 1998/12

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 February 1998

DOI: http://dx.doi.org/10.5089/9781451812329.002

ISBN: 9781451812329

Keywords: local governments, local government, local government borrowing, local government expenditures, fiscal decentralization

This Selected Issues paper and Statistical Appendix examines the developments in the intergovernmental fiscal relations for the Republic of Estonia. The paper highlights that intergovernmental relations in Estonia...

Republic of Estonia
			: Technical Assistance Report-Public Investment Management Assessment

Republic of Estonia : Technical Assistance Report-Public Investment Management Assessment »

Volume/Issue: 2019/152

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 June 2019

DOI: http://dx.doi.org/10.5089/9781498318235.002

ISBN: 9781498318235

Keywords: Public sector investments, Fiscal sector, Fiscal policy, Treasury management, Economic growth, PPPs, investment project, funded project, SOEs, public investment

Public investment is a priority spending area, and Estonia is seeking to strengthen the efficiency and effectiveness of its capital expenditure from an already high level. Estonia's general government capital expen...

Republic of Latvia
			: Fourth Review Under the Stand-By Arrangement and Financing Assurances Review, Request for Rephasing of Purchases Under the Arrangement and Request for Waiver of Nonobservance of a Performance Criterion

Republic of Latvia : Fourth Review Under the Stand-By Arrangement and Financing Assurances Review, Request for Rephasing of Purchases Under the Arrangement and Request for Waiver of Nonobservance of a Performance Criterion »

Volume/Issue: 2011/126

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 June 2011

DOI: http://dx.doi.org/10.5089/9781455277568.002

ISBN: 9781455277568

Keywords: external debt, current account, public debt, fiscal balance, tax increases

Strong policy implementation under the Stand By-Arrangement (SBA) has contributed to Latvia's economic recovery and put attainment of Maastricht criteria for euro adoption within reach. The government has continue...

Adjustment Under a Currency Peg
			: Estonia, Latvia and Lithuania During the Global Financial Crisis 2008-09

Adjustment Under a Currency Peg : Estonia, Latvia and Lithuania During the Global Financial Crisis 2008-09 »

Volume/Issue: 2010/213

Series: IMF Working Papers

Author(s): Catriona Purfield , and Christoph Rosenberg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

DOI: http://dx.doi.org/10.5089/9781455205448.001

ISBN: 9781455205448

Keywords: Internal devaluation, boom bust, competitiveness, wage adjustment, global financial crisis, wage, benefits, wages, fiscal balance,

The paper traces the Baltics' adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita i...

Fiscal Transparency and the Performance of Government Financial Assets

Fiscal Transparency and the Performance of Government Financial Assets »

Volume/Issue: 2015/9

Series: IMF Working Papers

Author(s): Mike Seiferling , and Shamsuddin Tareq

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 January 2015

DOI: http://dx.doi.org/10.5089/9781498353953.001

ISBN: 9781498353953

Keywords: stock-flow adjustments, holding gains on government financial assets, government portfolios of equities and investment fund shares, transparency, stock, equity, portfolios, General, Deficit, fiscal transparency,

Stock-flow adjustments are typically measured as the difference between changes in gross debt and deficits. These are interpreted as a proxy for unexplained fiscal discrepancies, and often associated with a lack of...

Fiscal Transparency in EU Accession Countries
			: Progress and Future Challenges

Fiscal Transparency in EU Accession Countries : Progress and Future Challenges »

Volume/Issue: 2003/163

Series: IMF Working Papers

Author(s): William Allan , and Taryn Parry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2003

DOI: http://dx.doi.org/10.5089/9781451857955.001

ISBN: 9781451857955

Keywords: EU Accession, budget activities, fiscal policy, annual budget, fiscal management, Public Economics: General,

This paper discusses the findings of fiscal transparency reports on standards and codes (ROSCs) for most EU accession candidate countries. Emphasis is given to the need to establish effective and accountable medium...