Fiscal risks and the quality of fiscal adjustment in Hungary
By: Hana Polackova Brixi, Anita Papp, and Allen Schick.
Contributors: Papp, Anita.; Schick, Allen.; World Bank. Europe and Central Asia Region. Poverty Reduction and Economic Management Unit.
Series: Policy research working paper ;; 2176; Policy research working papers ;; 2176.
Publisher: World Bank, Europe and Central Asia Region, Poverty Reduction and Economic Management Sector Unit
Published: 1999
Place of publication: Washington, DC
Language: eng
Number of pages: 50
Subjects: Fiscal policy -- Hungary.; Expenditures, Public -- Hungary.; Budget deficits -- Hungary.; Finance, Public -- Hungary.; Risk -- Hungary.
Description: Hungary's government has made great progress toward revealing the true fiscal cost of its budgetary and off-budget programs, containing the financial risks of its policies, and improving the management of public expenditures and contingent liabilities.  Although far from complete, fiscal adjustment in Hungary has been successful not only in cutting the budget deficit but also in reducing less visible aspects of fiscal vulnerability.
Notes: Includes bibliographical references (p. 45).
"September 1999"--Cover.
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