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

January 24, 2002

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The Baltics: Medium-Term Fiscal Issues Related to EU and NATO Accession, (USA: International Monetary Fund, 2002) accessed November 24, 2024

Summary

This paper on the Baltic countries analyzes medium-term fiscal issues related to European Union (EU) and NATO accession. The paper supports the Baltic authorities’ intention to aim at balancing their budgets over the economic cycle. The paper describes the Baltics’ current fiscal position and structure. It reviews theory and empirical evidence of the possible macroeconomic benefits of fiscal adjustment. It also reviews the experience of earlier EU accession countries prior to and after their accession. The medium-term fiscal frameworks are also presented.

Subject: Budget planning and preparation, Expenditure, Fiscal policy, Fiscal stance, Public debt, Revenue administration

Keywords: Accession candidate, Baltics, Central and Eastern Europe, CR, Economic growth, EU accession, EU budget, EU grant, Fiscal stance, ISCR, Public spending, Real GDP, Total spending

Publication Details

Pages:

64
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/007
Stock No:

1BLTEA0012002
ISBN:

9781451805369
ISSN:

1934-7685

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