The Impact of Fiscal Policy on Economic Growth: Analyses and Options for Transition Countries

By Ulrich Thiessen and Ulrich Thieben

The analysis of fiscal policy on economic growth has changed fundamentally. Using the example of the large European State and prominent transition country Ukraine, selected modern aspects of fiscal policy are analyzed. First, can a higher degree of fiscal decentralization, in the sense of more freedom for decisions given to lower levels of government, promote economic growth? And if so, under what conditions? Second, which of the potential causes of shadow economic activity are statistically significant, which of them can be influenced by economic and fiscal policy measures, and what is their respective quantitative influence on the shadow economy? Third, is the fiscal equalization system effectively redistributing income among the regions? What is the impact of the redistribution on economic growth and on the donor and recipient regions, respectively? How is fiscal sustainability to be assessed and could relatively simple rules be suggested that would promote a stabilizing influence o

• Format: Paperback
• Language: English
• ISBN: 3832924515
• ISBN13: 9783832924515
• Release Date: January 2007
• Publisher: Nomos Verlagsgesellschaft Mbh & Co
• Length: 181 Pages
• Weight: 0.62 lbs.
• Dimensions: 8.8" x 0.3" x 5.8"