Fiscal reform, policy, and constraints during transition in Poland

Abstract

Two specialists on the Polish economy examine the process whereby the fiscal system of Poland's centrally planned economy was replaced during the 1990s by a system designed for a market economy. Changes in the structure of both revenues and expenditures are described. The authors demonstrate that fiscal authorities in Poland heretofore have maintained budget control despite radical changes in fiscal systems and institutions. However, they identify and assess emerging concerns regarding the ability of fiscal authorities to manage the economy in the face of external shocks, potential mismanagement of extra-budget expenditures such as social security, and increased debt-financing requirements. Journal of Economic Literature, Classification Numbers: E50, E60, E50, H60. 6 figures, 5 tables, 27 references.

Publication Title

Post-Soviet Geography and Economics

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