Format:
1 online resource (284 pages)
Edition:
1st ed.
ISBN:
9780415598071
,
9780203832035
Series Statement:
Routledge Studies in the Modern World Economy Series
Content:
Combining rigorous analytical discussion with solid statistical examination, Gevorkyan undertakes a full macroeconomic review of the post-Soviet economies through to 2009, including a critical evaluation of the current crisis and the future outlook
Note:
Front Cover -- Innovative Fiscal Policy and Economic Development in Transition Economies -- Copyright Page -- Contents -- List of figures -- List of tables -- Foreword -- Preface -- 1. Economics of transition in the new century: lessons learned and a future outlook -- 1.1 Introduction -- 1.2 Before the shock: notes on the political economy from 1960 to 1990 -- 1.3 What happened in the 1990s: more on political economy -- 1.4 Macroeconomic overview of the 2000s -- 1.5 Conclusion -- 1.6 Appendix -- 2. Fiscal policy in the newly opened economies: are there twin deficits? -- 2.1 Introduction -- 2.2 Fiscal balance and current account in the first decades of transition -- 2.3 Theory and some empirics of twin deficits reexamined -- 2.4 Main theoretical model and data discussion -- 2.5 Empirical results analysis -- 2.6 Some extensions to the main model -- 2.7 Conclusion -- 2.8 Appendix -- 3. Fiscal policy sustainability in transition: is it there? -- 3.1 Introduction -- 3.2 Transition period fiscal policy trends -- 3.3 Some theoretical aspects of fiscal policy in transition -- 3.4 Theoretical model and data discussion -- 3.5 Empirical results discussion -- 3.6 Policy conclusions -- 4. Innovative fiscal policy: the how, when, and why of borrowing from the diaspora -- 4.1 Introduction -- 4.2 Fiscal policy for growth and development: transition peculiarities -- 4.3 Diaspora and transition economies -- 4.4 From "fiscal diamond" to "fiscal net" -- 4.5 The Diaspora bond in transition economies -- 4.6 Conclusion -- 4.7 Appendix -- 5. Innovative fiscal policy: tackling labor migration problems -- 5.1 Introduction -- 5.2 Labor migration trends in transition economies -- 5.3 Temporary labor migration triad -- 5.4 The Diaspora regulatory mechanism -- 5.5 The Migration Development Bank -- 5.6 Conclusion -- 5.7 Appendix
,
6. J-curve: facing exchange rate and current account fluctuation risks in the open economies of the CIS -- 6.1 Introduction -- 6.2 What is the J-curve? Exposition and literature review -- 6.3 Theoretical model -- 6.4 Data description -- 6.5 Review of the empirical results -- 6.6 Testing for main results robustness -- 6.7 Conclusions and policy implications -- 6.8 Appendix A -- 6.9 Appendix B -- 7. A model of fiscal policy, currency crisis, and foreign exchange reserves dynamics -- 7.1 Introduction -- 7.2 Some theory, empirics, and stylized facts of international experience -- 7.3 Stylized facts from the CIS -- 7.4 A two country-group theoretical model with foreign reserves -- 7.5 Numerical analysis and possible scenarios -- 7.6 Conclusion and possible policy implications -- 7.7 Appendix -- 8. Fiscal policy lessons for the CIS beyond the economic crisis of 2008-2009 -- 8.1 Introduction -- 8.2 The crisis in the CIS: the case of Russia -- 8.3 The crisis in the CIS: the case of the net exporters -- 8.4 The crisis in the CIS: the case of the net importers -- 8.5 Policy implications for two country groups -- Final Remarks -- Notes -- Bibliography -- Index
Additional Edition:
Print version Gevorkyan, Aleksandr Innovative Fiscal Policy and Economic Development in Transition Economies Oxford : Taylor & Francis Group,c2011 ISBN 9780415598071
Language:
English
Keywords:
Electronic books
URL:
FULL
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