Transparency of fiscal policy in transition economies

Description:

The project was awarded in the 2005 GDN Regional Research Competition to a CASE research team led by Mariusz Jarmuzek. The main objective of the project is to provide measures of transparency in fiscal policy. According to both the theory and empirical research for developed economies, if countries follow transparent fiscal policy this should contribute to better fiscal performance. The research project examines the role of fiscal policy transparency in establishing better fiscal discipline in 27 transition economies. The empirical investigation that is the core of the project will consist of two main blocks: measurement of transparency in fiscal policy and analysis of interdependences between fiscal transparency and fiscal performance.

Partners:

Silesian University (Opava, Czech Republic)
Budapest University of Economic Sciences and Public Administration (Budapest, Hungary)

Sponsor:

CERGE-EI

Georgraphical range:

Albania, Armenia, Azerbaijan, Belarus, Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary, Kyrgyzstan, Latvia, Lithuania, Macedonia, Moldova, Poland, Romania, Russia, Slovakia, Slovenia, Ukraine