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Fiscal Policy and Economic Growth: Lessons for Eastern Europe and Central Asia
This study was prepared by a cross-sectoral team of staff and consultants in the Europe and Central Asia (ECA) Region of the World Bank. This study explores public finance policies in the transition countries of Europe and Central Asia (ECA) and their likely effects on economic growth. It tackles broad questions such as the impact of fiscal deficits, government size, quality of public spending, and structure of taxation on growth, and it explores several key areas of public spending and taxation in detail. Published: The International Bank for Reconstruction and Development/The World, July, 2007.
http://siteresources.worl…rowthinECA_FullReport.pdf