Fiscal Rules For The Western Balkans

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Western Balkan Economies in Transition

Western Balkan Economies in Transition
Author :
Publisher : Springer
Total Pages : 176
Release :
ISBN-10 : 9783319936659
ISBN-13 : 3319936654
Rating : 4/5 (654 Downloads)

Book Synopsis Western Balkan Economies in Transition by : Reiner Osbild

Download or read book Western Balkan Economies in Transition written by Reiner Osbild and published by Springer. This book was released on 2018-08-23 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the economic and social development of the Western Balkan region, a group of six countries that are potential candidates for EU membership. It focuses on the key economic issues facing these countries, including the challenge of promoting economic growth, limiting public deficits and debt, and fostering international trade relations. Given the severe impact of the recent economic crisis on social welfare in the region, it also investigates the nature and extent of social exclusion, a factor likely to produce future political instabilities if not effectively addressed by a return to sustainable economic growth. The contributions explore these issues in light of the major influence of EU policy instruments and advice, which are currently guiding the economies along an accession trajectory to future EU membership.


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Authors: Reiner Osbild
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This book explores the economic and social development of the Western Balkan region, a group of six countries that are potential candidates for EU membership. I
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Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and ins
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Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new
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Developing and ‘transition’ economies face myriad challenges in their attempts to achieve and maintain political stability and foster the economic growth es