The Role of Medium-Term Fiscal Frameworks for Transition Countries : The Case of Bulgaria

Horváth, Balázs

This paper discusses the foundations for a medium-term fiscal framework for Bulgaria, a transition economy aspiring to join the European Union. The paper argues that a well-designed framework can help to enhance the credibility of macroeconomic policies and facilitate preparations for EU membership. It presents an illustrative scenario for Bulgaria, utilizing a broad concept of net public debt

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Year of publication:	2001
Authors:	Horváth, Balázs
Other Persons:	Horváth, Balázs (contributor) ; Székely, István P. (contributor)
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Bulgarien \| Bulgaria \| Finanzpolitik \| Fiscal policy \| Systemtransformation \| Economic transition \| Transformationsstaaten \| Transition countries