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Deficit and Debt in Transition: The Political Economy of Public Finances in Central and Eastern Europe (in English)
Istvan Benczes
(Author)
·
Central European University Press
· Hardcover
Deficit and Debt in Transition: The Political Economy of Public Finances in Central and Eastern Europe (in English) - Benczes, Istvan
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Origin: United Kingdom
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Synopsis "Deficit and Debt in Transition: The Political Economy of Public Finances in Central and Eastern Europe (in English)"
The adjustment problems of public finance in countries of Central and Eastern Europe (CEE) are often misunderstood and misinterpreted by western scholars. This book contributes to the bridging of the gap between what is being thought by external observers and what the actual public finance reality is, as described by competent local scholars. Popular political economy research has remained biased towards advanced countries and has neglected developing and transition economies. Publications on CEE countries' public finances seem to be reluctant to apply the conceptual framework of standard political economy to these countries because of the assumption that CEE economies are different from their Western peers. But is this really the case? Are CEE economies so much different that none of the well-known "Western" political economy concepts or models can be applied to the analysis of fiscal performance in the region? Benczes demonstrates that they can be safely applied in the context of CEE economies as well. He sees no need to develop a separate or unique theory designed for the study and understanding of (one-time) transition economies.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
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