## Aspects of Fiscal Performance in Some Transition Economies Under Fund-Supported Programs

_IMF Working Papers, April 1, 1997_

## Source details

**Canonical URL:** [Aspects of Fiscal Performance in Some Transition Economies Under Fund-Supported Programs](https://www.imf.org/en/publications/wp/issues/2016/12/30/aspects-of-fiscal-performance-in-some-transition-economies-under-fund-supported-programs-2141)

## Other formats

- [Markdown version](/en/publications/wp/issues/2016/12/30/aspects-of-fiscal-performance-in-some-transition-economies-under-fund-supported-programs-2141/index.md)
- [Structured JSON version](/en/publications/wp/issues/2016/12/30/aspects-of-fiscal-performance-in-some-transition-economies-under-fund-supported-programs-2141/index.json)
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## Bibliographic details
- Authors: Willem H. Buiter
- Published: April 1, 1997
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451980073.001

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### Overview / Summary
- Key medium– and longer–term fiscal issues faced by transition economies are reviewed, including government solvency and the sustainability of the fiscal–financial–monetary program.
- The paper aims to assist the design and implementation of future Fund programs and to contribute to the debate about fiscal policy in transition economies.
- The lessons from this study are summarized in a number of propositions.

### Framework and Numerical Material
- Presents a framework for evaluating the sustainability of the fiscal–financial–monetary program of the state.
- Provides numerical material on:
  - public debt,
  - (quasi–) fiscal deficits,
  - monetary financing.

### Eight Budgetary Issues of Special Relevance
- Considers eight budgetary issues of special relevance to transition economies (issues enumerated in the source; detailed content resides in the full paper).

### Lessons and Policy Implications
- Lessons from the study are summarized in a number of propositions (propositions stated in the full paper).
- Intended to assist:
  - the design and implementation of future Fund programs,
  - the debate about fiscal policy in transition economies.

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## Content in this bundle

- **Aspects of Fiscal Performance in some Transition Economics Under Fund-Supported Programs - WP/97/31**
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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/30/aspects-of-fiscal-performance-in-some-transition-economies-under-fund-supported-programs-2141_