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Quasi-Fiscal Activities, Hidden Gove...

Armenia (Republic)

Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia

レコード種別:	コンピュータ・メディア : 単行資料
タイトル / 著者:	Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia/
著者:	Freinkman, Lev M.
その他の著者:	Gyulumyan, Gohar.
出版された:	Washington, DC :World Bank,�003.
記述:	1 online resource (ix, 50 pages) :illustrations.
主題:	Finance, Public - Armenia (Republic) -
主題:	Armenia (Republic) -
電子資源:	Click here for online access to this book (查閱全文) (EBSCO eBook)
国際標準図書番号 (ISBN):	9780821356043
国際標準図書番号 (ISBN):	0821356046
国際標準図書番号 (ISBN):	0585472939
国際標準図書番号 (ISBN):	9780585472935
国際標準図書番号 (ISBN):	0821356054
国際標準図書番号 (ISBN):	9780821356050

Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia
Freinkman, Lev M.

Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia[electronic resource]. - Washington, DC :World Bank,�003. - 1 online resource (ix, 50 pages) :illustrations. - World Bank working paper,no. 161726-5878 ;. - World Bank working paper ;no. 16..

Includes bibliographical references (pages 49-50).

Ch. 1. Traditional and Alternative Approaches to the Evaluation of Fiscal Adjustment -- Ch. 2. Quasi-Fiscal Activities in the FSU Countries -- Ch. 3. Armenia: Public Sector Balance and Hidden Deficit -- Ch. 4. Hidden Budget Subsidies, Quasi-Fiscal Subsidies and Contingent Liabilities in Armenia -- Ch. 5. Financing of Hidden Deficit and Ultimate Recipients of Quasi-Fiscal Subsidies -- Ch. 6. Main Policy Conclusions -- Annex A. External borrowing by Government of support of operations of the energy and utility sector -- Annex B. Main Annual Subsidy Flows in the Economy, 1996-2001, million Dram.

AnnotationThis paper analyzes quasi-fiscal deficits and subsidies, and their impact on ArmeniaA'-s fiscal performance in the second part of the 1990s. In addition, it discusses the specific features of quasi-fiscal financing in transition economies. Estimates of ArmeniaA'-s actuarial and hidden deficits in the second part of the 1990s shows that its deficits were relatively modest compared to similar economies. While these deficits remain, they have declined recently, becoming the main source of fiscal adjustment in Armenia. This study also presents a comprehensive picture of subsidization in Armenia, including hidden and quasi-fiscal subsidies that were a primary cause of the hidden deficit. The paper shows the ultimate sources and main beneficiaries of these subsidies. It concludes that the main distortive impact of quasi-fiscal subsidies is on social policy, not on enterprise restructuring and private sector performance.

ISBN: 9780821356043

00028989Subjects--Topical Terms:

1000066862
Finance, Public
--Armenia (Republic)Subjects--Geographical Terms:

1000066852
Armenia (Republic)
Index Terms--Genre/Form:

172687
Electronic books.

LC Class. No.: HJ1302.2 / .F74 2003

Dewey Class. No.: 339.5/2/094756

Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia
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