Deficit and Debt in Transition The Political Economy of Public Finances in Central and Eastern Europe / edited by István Benczes.

Format:

Book

Author/Creator:

Benczes, István Zsolt, 1974- Author.

Contributor:

Benczes, István.

Language:

English

Subjects (All):

Finance, Public--Europe, Eastern--Case studies.

Finance, Public.

Finance, Public--Europe, Central--Case studies.

Debts, Public--Europe, Eastern.

Debts, Public.

Debts, Public--Europe, Central.

Finance, Public--Europe, Eastern.

Finance, Public--Europe, Central.

Physical Description:

1 online resource (227 pages)

Manufacture:

Baltimore, Md. : Project MUSE, 2014

Place of Publication:

Budapest : Central European University Press, [2014]

Language Note:

English

Summary:

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.

Contents:

Frontmatter

Table of Contents

Acknowledgements

List of Tables

List of Figures

List of Boxes

List of Abbreviations

List of Contributors

Introduction: Political Economy and Public Finances

PART I. Cross-Country Analysis of Public Finances in Central and Eastern Europe

Chapter 1. Economic Freedom and Public Debt in Central and Eastern Europe

Chapter 2. Political Business Cycles: Theory and Empirical Findings for the CEE Region

Chapter 3. The Strategic Use of Public Debt in Central and Eastern Europe

Chapter 4. Varieties of Capitalism and Public Finances in Central and Eastern Europe

PART II. Case Studies in the Public Finances of Central and Eastern Europe

Chapter 5. Passive Macroeconomic Populism in the Baltics

Chapter 6. Values, Norms, and Beliefs: The Case of Poland

Chapter 7. Critical Junctures and Unintended Consequences: The Case of Hungary

Chapter 8. Structural Reforms in a Low-Trust Environment: The Case of Slovakia

Chapter 9. Europeanization with a Detour: The Case of Croatia

Index

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-003-71910-4

963-386-059-8

9781003719106

OCLC:

897384455